514 S Mariposa Avenue, Los Angeles, CA 90020

$3,700,000 Approx. USD 17 beds, 19 baths
12,294 sqft

New Listing

Save My Notes

MORE INFO

Brochure

Photo of Jacqueline Alcaraz

Marketed By Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Jacqueline.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Agent Remarks

Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26844845

Price: $3,700,000

Beds: 17

Baths: 19

Built in 1960

12,294 sqft

2 stories

0.26 acres

Lot size: 0.2584