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$1,100,000

Est. payment - /mo

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1,913 SqFt

Price Dropped by $100K

1147 S Mariposa AVE Los Angeles, CA 90006

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/31/2024 09:27 PM

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

HOA Y/N No

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

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Building

Story 2

Others

Tax ID 5078020011

Special Listing Condition Standard

Listed by John Ha • MUTOOF�

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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