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Listing Details

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School Ratings & Info

Description

It's a great opportunity to acquire three stories 26 units of building in Koreatown. The building sits on a 13,030 square foot LAR4 zoned lot. It's located just north of Olympic Boulevard and east of Normandie Avenue. This property will provide a higher than normal rental income while plans are drawn for the future redevelopment of THE 54 UNITS. The approved plans are available upon the buyer's request with extra costs. Buyer and buyers agent to verify and certify all information provided.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T15:42:42.06. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/120788477
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935 S Mariposa Ave Los Angeles, CA 90006

  • Price: $6,200,000
  • Status: Active
  • Updated: 47 min ago
  • MLS #: 21-776592
13
Beds
0
Baths
0
½ Baths
0.3
Acres
14,792
SQFT
$419
$/SQFT
1963
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
It's a great opportunity to acquire three stories 26 units of building in Koreatown. The building sits on a 13,030 square foot LAR4 zoned lot. It's located just north of Olympic Boulevard and east of Normandie Avenue. This property will provide a higher than normal rental income while plans are drawn for the future redevelopment of THE 54 UNITS. The approved plans are available upon the buyer's request with extra costs. Buyer and buyers agent to verify and certify all information provided.
Exterior Features

Cross Streets Mariposa /San Marino Direction Faces South Levels Multi/Split Lot Size Area 13030 Other Structures None Parking Garage Carport Attached Style Contemporary Total Parking 23 View Description City View YN Yes Water Frontage None

Interior Features

Baths Total 27.00 Cooling Air Conditioning Equipment Alarm SystemGarbage DisposalCeiling Fan Heating Electric Laundry Laundry Area Water Heater Features Gas

Property Features

Assessed Total Value 2882502 Gross Income 396732 Gross Operating Income 0 Like Units1 12 Like Units2 13 Like Units3 1 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 26 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityAir Cond/Heat Maint Total Annual Expense 0 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Andrew Cha DRE#01327638 of Andrew Cha.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-19T15:42:42.06. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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