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1211 S Mariposa Avenue 3, Los Angeles, CA 90006

Property

1211 S Mariposa Avenue 3, Los Angeles, CA 90006 Sold June 2023 CRMLS
$1,420,000Sold June 2023

Listing Agent: MICHAEL CHOI (DRE #01341518) · Listing Office: GEORGE MICHAEL REALTY · Contact: 323-728-2111 · Bought with: Kathy Lee · Dream Realty Asset Mgt, Inc. · MLS #MB23032684 · Source: CRMLS

5,906 sqft
Lot Size
1968
Year Built
Property
Type
2
Stories
0
Garage
WallWindowUnits
Cooling
ForcedAir
Heating

About this property

It is our pleasure to present 5-unit multi-family property in PICO-UNION. This 5-unit investment property is located in a highly desirable neighborhood where there is tremendous rental potential. The upside of the property is that 3 of 5 units are leased while 2 are currently owner occupied but the 2 units will be delivered vacant upon close of escrow. Opportunity to maximize returns with 5 units at market rents. The owner recently completed with the City of Los Angeles and the Soft Story Retrofit. Tenants enjoy the comfort of being conveniently located to transportations and access to freeways. The property is well maintained with many updates and upgrades in recent years, including double pane windows, exterior paint. Laundry room on-site. Private parking for all units. Don't miss out on this excellent opportunity for investment! It won't last long!

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$1,420,000
Sold June 2023 · listed $1,499,999, orig. $1,575,000, on market February 2023 · MLS #MB23032684 · Source: CRMLS
Listing Agent: MICHAEL CHOI · Listing Office: GEORGE MICHAEL REALTY · Contact: 323-728-2111 · Bought with: Kathy Lee · Dream Realty Asset Mgt, Inc.
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