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Listed by Rickird Rey Ramirez, DRE #01964882 • Ally Commercial Real Estate
$ 2,400,000
Est. payment /mo
Active
1250 N Mariposa AVE Los Angeles, CA 90029
6,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26111998
Style Spanish
Year Built 1930
Lot Size 6,500 Sqft
Source California Regional MLS
Property Description
This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Rooms
Kitchen Other, Oven - Gas
Interior
Heating Floor Furnace , Wall Furnace
Cooling Window / Wall Unit
Laundry Laundry Area, Other
Exterior
Parking Features No Parking
Pool 31, None
Roof Type Shingle
Building
Foundation Raised
Water District - Public
Architectural Style Spanish
Others
Tax ID 5540004003
Special Listing Condition Not Applicable
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