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601 N Mariposa Ave

Los Angeles, CA 90004
  • $3,300,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 22-141299
UPDATED: 17 min ago
$3,300,000
  • 10
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,284
    SQFT
  • $625
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

Dream Realty is proud to present Luxurious 3 units located North of Korea town. One unit will be delivered vacant. New owner can live in one unit as a primary residence while collecting great income from the other 2 units. 601 N. Mariposa was rebuilt with a permit in 2016 with quality workmanship. First floor unit features 4 beds/ 3baths on a single level. Very spacious with wood flooring throughout. Second floor unit features 3 beds / 3baths and extra 2beds / 1bath guest rooms and a huge balcony. 4455 Clinton unit was built in year 2015, features a two-story home with 3beds plus den / 2.5 baths. This unit is independent from the other two units with two car tandem parking. All units feature very spacious floor plans with wood flooring. You must see in person to appreciate the quality worksmanship of every detail that has been put into this 3 unit property. Security Camera installed. Nice BBQ area is in front yard. This triplex provides long-term investors with the opportunity to own an A Class Asset on a valuable piece of land in prime Los Angeles. This property provides an investor with the once in a life-time opportunity to purchase a highly attractive property, with good income, in an absolutely irreplaceable location.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T09:42:26.83. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/127187708
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601 N Mariposa Ave Los Angeles, CA 90004

  • Price: $3,300,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 17 min ago
  • MLS #: 22-141299
10
Beds
0
Baths
0
½ Baths
0.17
Acres
5,284
SQFT
$625
$/SQFT
1920
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Dream Realty is proud to present Luxurious 3 units located North of Korea town. One unit will be delivered vacant. New owner can live in one unit as a primary residence while collecting great income from the other 2 units. 601 N. Mariposa was rebuilt with a permit in 2016 with quality workmanship. First floor unit features 4 beds/ 3baths on a single level. Very spacious with wood flooring throughout. Second floor unit features 3 beds / 3baths and extra 2beds / 1bath guest rooms and a huge balcony. 4455 Clinton unit was built in year 2015, features a two-story home with 3beds plus den / 2.5 baths. This unit is independent from the other two units with two car tandem parking. All units feature very spacious floor plans with wood flooring. You must see in person to appreciate the quality worksmanship of every detail that has been put into this 3 unit property. Security Camera installed. Nice BBQ area is in front yard. This triplex provides long-term investors with the opportunity to own an A Class Asset on a valuable piece of land in prime Los Angeles. This property provides an investor with the once in a life-time opportunity to purchase a highly attractive property, with good income, in an absolutely irreplaceable location.
Exterior Features

Direction Faces East Levels Two Lot Description Front Yard Lot Location Corner Lot Lot Size Area 7533 Other Structures Gazebo Parking Garage AssignedGatedTandem Total Parking 6

Interior Features

Baths Total 9.00 Cooling Central Equipment DishwasherRange/OvenIntercomMicrowave Flooring Hardwood Heating Central Laundry In Unit Water Heater Features Gas

Property Features

Assessed Total Value 1234624 Gross Income 159600 Gross Operating Income 159600 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 115081.00 Number Of Buildings 2 Number Of Units 3 Owner Pays Gardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features T.V. Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Tenant Pays ElectricityGasWaterTrash Collection Total Annual Expense 44519 Type Of Units Triplex Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Harry Hyunmo Chung DRE#01999369 of Dream Realty Asset Mgt, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-23T09:42:26.83. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270