1002 N Mariposa Avenue Los Angeles, CA ^$ 5,095,000

1002 N Mariposa Avenue

^$ 5,095,000

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1002 N Mariposa Avenue

Los Angeles, CA, 90029

^$ 5,095,000

Bedrooms28 Baths28.0 Sq 22,368

Monthly Estimate*

^$ 33,863

Listed by RE/MAX One

1002 N Mariposa Avenue, Los Angeles, CA 90029 - Image 1

1002 N Mariposa Avenue, Los Angeles, CA 90029 - Image 2

1002 N Mariposa Avenue, Los Angeles, CA 90029 - Image 3

1002 N Mariposa Avenue, Los Angeles, CA 90029 - Image 4

1002 N Mariposa Avenue, Los Angeles, CA 90029 - Image 5

Multi-Family Home for sale in Los Angeles, CA

for $5,095,000 with 28 bedrooms and 28 full baths. This 22,368 square foot home was built in 1924 on a lot size of 0.4437.

1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.8 GRM with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.

Multi-Family Active

Price

^$ 5,095,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4437

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24381493

Days on Market

Features

General

Heating None

Cooling None

Zoning LAR3

Year Built 1924

Stories 2

Levels Two

Gross Income 428752.0

County Los Angeles

Net Operating Income 159301.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions South of Santa Monica Blvd and East of Normandie Ave.

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 28

MLS Area C20 - Hollywood

Lot Size Units SquareFeet

Lot Size Square Feet 19329.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Mariposa

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 47

Standard Status ActiveUnderContract

Cap Rate 5.04

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 19329.0

Number of Buildings 1

Spa N

Building Area Total 22368.0

Street Suffix Avenue

Lot Size Acres 0.4437

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 28

Electric On Property Y/N N

Total Baths 28

Internal Only

Street Number 1 1002

* Excluded Features

List By

Re/Max One

Broker

(310) 383-5927

Phone

Affordability Calculator

$33,863

Per Month

Monthly Principal & Interest: $33,863
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,518

Percent of Sale Price 61%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$5,095,000		Listed Price

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1002 N Mariposa Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $5,095,000 with 22,368 sqft and a lot size of 0.4437. 1002 N Mariposa Avenue has 28 bedrooms, 28.0 baths, and was built in 1924. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1002 N Mariposa Avenue

Multi-Family Home for sale in Los Angeles, CA

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