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$ 1,350,000
Est. payment | /mo
8,407 Sqft Lot
$ 1,350,000
Est. payment | /mo
8,407 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW26051376
HOA Y/N No
Year Built 1923
Lot Size 8,407 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to present a four (4) unit apartment building located at 328 N Mariposa Avenue in Los Angeles, The subject property is located in a solid Koreatown location, north of Beverly Boulevard and west of Vermont Avenue. This property offers a solid Koreatown location with a streamlined unit mix of all two-bedroom units, some of which features views of the Hollywood Sign. Three units are currently taken down to the studs, with approved plans in place and permits paid to convert them into spacious three-bedroom two baths layouts, enhancing rental potential. New roof is allready in place, Each unit is separately metered for gas and electricity, while a four-car garage in the rear provides additional upside through the opportunity to convert into multiple ADUs under SB1211 and still have parking for about 9 cars parking is very scarce in this area, The building benefits from lush front-yard landscaping that enhances curb appeal and sits in a prime position with dominant access to major commercial corridors including Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue. With its solid Korea town location, value-add potential, and multiple avenues for unit and ADU conversion, this property presents a rare opportunity for investors to capture strong long-term rental upside.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Fireplace No
Laundry In Garage
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5520024011
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Gustavo Islas Century 21 Allstars 562-756-5391, DRE #00956639
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