1214 S Mariposa Avenue new

Los Angeles,CA 90006

$ 1800000

- Bed

0 Bath

3360 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $535

MLS Listing ID CRPW24251716

HOA Y/N No

Year Built 1917

Lot Size 5,906 Sqft

Acres 0.14

Property Description

1214 South Mariposa Avenue is a charming seven-unit property offering 3,360 rentable square feet on a 5,904-square-foot LAR3-zoned lot. The property features seven one-bedroom, one-bathroom units, with four units fully remodeled and currently vacant. Each unit is detached, averaging approximately 480 square feet, and individually metered for gas and electricity, with separate water heaters for added convenience. Three of the seven units are scheduled to be vacant, presenting a unique opportunity for a new owner to customize occupancy. Located in the rapidly growing Koreatown neighborhood, this property benefits from proximity to Pico Boulevard and Normandie Avenue on a street experiencing significant improvements. Residents enjoy easy access to Koreatown's vibrant dining, shopping, entertainment, and employment opportunities, as well as nearby hotspots in Hollywood and Downtown Los Angeles. Boasting a "Walker's Paradise" Walk Score of 92, the location allows most daily errands to be completed on foot. Nearby attractions include Monty's Good Burger, Park's BBQ, California Marketplace, and an array of local eateries and bars. With ongoing development and revitalization in the area, 1214 South Mariposa Avenue offers significant value-add potential. A new owner can reposition the vac

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Fireplace No

Appliance Dryer

Laundry Dryer,Laundry Closet,Other

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5078034024

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