$3,900,000
$4,695,000
16.9%For more information regarding the value of a property, please contact us for a free consultation.
28 Beds
28 Baths
22,368 SqFt
SOLD DATE : 03/05/2025
Key Details
Sold Price $3,900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 22,368 sqft
Price per Sqft $174
MLS Listing ID 24381493
Sold Date 03/05/25
Bedrooms 28
HOA Y/N No
Year Built 1924
Lot Size 0.444 Acres
Property Description
1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.16 GRM and 5.46% cap with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5538002031
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Chase Simonton • RE/MAX One
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "