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110 N Mariposa Ave
Los Angeles, CA 90004
Investment Multifamily Property · Land For Sale · 0.41 AC

Investment Highlights

  • The complex will feature 52,783 square feet of leasable space and 57,418 total space, divided into two/four-story multi-level buildings
  • This development site is prominently positioned on an 18,011-square-foot corner lot with great curb appeal
  • With a shortage of Apartments in Los Angeles, a brand new building that offers large family units is in very high demand
  • All units can be divided into three bedrooms / two-bath, with a built-in washer and dryer
  • The complex will have 60 parking spaces on six levels of a subterranean garage, fully secured with a separate entrance and exit on each level

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 0.41 AC
Zoning LAR3 - The zoning falls Tier 3

Description

The deal includes the property of 110, 112, and 116 N Mariposa 3 parcels combined together for 18,011 SQ or 0.41 Acres lot. The zoning allows to build a mid-rise apartment or condominium. Please refer to our concept plan as a reference. The complex will feature 52,783 square feet of leasable space and 57,418 total space, divided into two/four-story multi-level buildings All units can be divided into three bedrooms / two-bath, with a built-in washer and dryer This development site is prominently positioned on an 18,011-square-foot corner lot with great curb appeal The complex will have 60 parking spaces on six levels of a subterranean garage, fully secured with a separate entrance and exit on each level With a shortage of Apartments in Los Angeles, a brand new building that offers large family units is in very high demand. The developer or builder shall conduct your own due diligence with the city.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5518-010-030
  • 5518-010-028
  • 5518-010-032
Land Assessment
$2,171,905
Improvements Assessment
$461,668
Total Assessment
$2,633,573
  • Listing ID: 26098704

  • Date on Market: 7/6/2022

  • Last Updated:

  • Address: 110 N Mariposa Ave, Los Angeles, CA 90004

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