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    1214 S Mariposa Avenue

    Los Angeles (City), CA 90006
    • $1,275,000
    • STATUS: Active
    • ON SITE: 291 days
    • ID#: WS20126532
    UPDATED: 32 min ago
    $1,275,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,360
      SQFT
    • $379
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    7 separate houses on one lot in Koreatown and Pico Union adjacent. Each home is a 1 bed 1 bathroom home. Gross income is $61,000 annually. Great opportunity to purchase and increase rents. Please do not approach any of the tenants. Subject to 1031 exchange at no cost to buyer and all offers subject to interior inspection. No garages. Street parking only. 100% occupied.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/107349101
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    1214 S Mariposa Avenue Los Angeles (City), CA 90006

    • Price: $1,275,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: WS20126532
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,360
    SQFT
    $379
    $/SQFT
    1917
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    7 separate houses on one lot in Koreatown and Pico Union adjacent. Each home is a 1 bed 1 bathroom home. Gross income is $61,000 annually. Great opportunity to purchase and increase rents. Please do not approach any of the tenants. Subject to 1031 exchange at no cost to buyer and all offers subject to interior inspection. No garages. Street parking only. 100% occupied.
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 7 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 61000 Gross Scheduled Income 61000 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 42700 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 7 Number Of Units Leased 7 Operating Expense 0 Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Actual Rent 5092 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar3

    Listing provided courtesy of Paul Argueta of Reh Real Estate and Paul Argueta of Lowell & Vanderbilt, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T13:27:47.723. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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