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923 N Mariposa Ave
Los Angeles, CA 90029
ULTRA-PREMIUM NEW CONST. QOZ HOLLYWOOD 6-UNIT · Multifamily Property For Sale
·
6 Units
Investment Highlights
- QUALIFIED OPPORTUNITY ZONE! Major tax benefit! (consult CPA).
- Potential to add 3 ADU’s, which would generate approximately $72,000 in gross income per year. Seller will build if buyer desires for added cost.
- Dream 1031 exchange opportunity. Ready to close soon!
- Excellent pro forma cap rate of 5.58%!
- Each and every finish was upgraded, from upscale cabinetry and custom 7.5 ft doors to cherry-picked tiles and vanities in each bathroom.
- An unheard of 14 PARKING SPACES on site- truly unheard of.
Property Facts
| No. Units | 6 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 8,367 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2023 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Zoning | LARD1.5 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 8,367 SF |
| No. Stories | 3 |
| Year Built | 2023 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | LARD1.5 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Oven
- Tub/Shower
- Handrails
- Island Kitchen
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 1 | $5,250 | 1,359 |
| 3+3.5 | 1 | $5,000 | 1,359 - 13,599 |
| 3+3.5 | 1 | $4,900 | 1,365 |
| 3+3.5 | 1 | $4,900 | 1,365 |
| 3+3.5 | 1 | $4,900 | 1,460 |
| 3+3.5 | 1 | $4,900 | 1,460 |
Property Taxes
| Parcel Number | 5538-004-011 | Improvements Assessment | $1,029,579 |
| Land Assessment | $1,445,046 | Total Assessment | $2,474,625 |
Property Taxes
Parcel Number
5538-004-011
Land Assessment
$1,445,046
Improvements Assessment
$1,029,579
Total Assessment
$2,474,625
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