1309 Mariposa Avenue, Los Angeles, CA 90027
-
Sold Price :
$1,385,000
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Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1922
Property Description
VACANT 4-unit property in an Opportunity Zone of East Hollywood. Rare chance to own an investment property, rehab and chose your tenants, or build a ground-up development. While this property can serve well as an owner/user investment, due to its approximate 8,071 square foot lot, it may also be possible for investors and developers to turn this R3-zoned parcel into a multi-story residential property development. The current 2,938 square foot building is vacant and consists of 4 units: three units are 1 bed/1 bath, while the back unit consists of a larger 2 bed/2 bath residence. One of the most dynamic Los Angeles neighborhoods in which a developer can take advantage of, with an extremely high demand for residential rental units. Located minutes from the trendy Silver Lake, Echo Park, Los Feliz, and Virgil Village; areas that are experiencing a major increase in luxury residential and commercial property developments. Along with being in close proximity to nearby studios, entertainment entities/ employers, bars, restaurants, and neighborhood amenities, it is also within walking distance from the new Netflix office.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Carpet, Laminate |
| Interior Information |
| Features |
Ceiling Fan(s) |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
1309 Mariposa Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90027 |
| County |
Los Angeles |
| Listing Agent |
Jack Holwahjian DRE #01800853 |
| Co-Listing Agent |
Abdo Faissal DRE #02090175 |
| Courtesy Of |
Huntington Group |
| Close Price |
$1,385,000 |
| Status |
Closed |
| Type |
Residential Income |
| Structure Size |
N/A |
| Lot Size |
8,071 |
| Year Built |
1922 |
Listing information courtesy of: Jack Holwahjian, Abdo Faissal, Huntington Group. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 16th, 2022 at 3:24 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
