MUTOOF is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over 5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property offers hardwood floors, spacious living rooms, formal dining rooms, and a private entrance. Ample parking at both the front and back.Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just three miles west of Downtown Los Angeles, and four miles south of Hollywood. The subject property consists of total three (3) units totaling 1,913 SF on a sizable 5,903 SF lot. Mix of total one (1) 2beds/2baths unit and two (2) 1bed/1bath units. The triplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
DAYS ON MARKET
|
27
|
LAST UPDATED
|
10/31/2024
|
YEAR BUILT
|
1902
|
COMMUNITY
|
Mid-Wilshire
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Oct 10, '24
|
$1,005,000
|
Oct 10, '24 - Oct 18, '24 |
$1,000,000
|
Oct 18, '24 - Oct 31, '24 |
$1,200,000
|
Oct 31, '24 - Today |
$1,100,000 |
APPLIANCES |
Dryer, Washer |
AREA |
Mid-Wilshire |
HEAT |
Central |
LOT |
5905 sq ft |
LOT DIMENSIONS |
46x128 |
STORIES |
2 |
ZONING |
LAR3 |
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Listed with MUTOOF®
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/1/24 6:29 PM PDT and /or other sources. 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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