1147 S Mariposa AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,913 sqft
Price per Sqft $575
MLS Listing ID 24449567
Year Built 1902
Lot Size 5,906 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Building
Story 2
Others
Special Listing Condition Standard