This Multifamily Property is no longer advertised on LoopNet.com.

1316 S Mariposa Ave
Los Angeles, CA 90006
Multifamily Property For Sale · 20 Units

Investment Highlights

  • Price just reduced $100,000, with current cash on cash return of 6.15%!
  • Unit mix consists of well laid out Studio units averaging just under 500 square feet each (Buyer to Verify).
  • There is very attractive assumable financing available at 72% LTV, 3.00% interest, amortizing. Maturity date of 3/1/26.
  • Terrific location surrounded by great neighborhoods like Harvard Heights, Pico Union, Koreatown, and West Adams!

Property Facts

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,840 SF
No. Stories 2
Year Built 1925
Zoning LAR3

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 20 - -

Property Taxes

Property Taxes

Parcel Number
5075-008-006
Land Assessment
$2,254,200
Improvements Assessment
$969,000
Total Assessment
$3,223,200
  • Listing ID: 27221218

  • Date on Market: 12/1/2022

  • Last Updated:

  • Address: 1316 S Mariposa Ave, Los Angeles, CA 90006

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