1147 S Mariposa Avenue, Los Angeles, CA 90006

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Property Description

MUTOOF is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over 5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property offers hardwood floors, spacious living rooms, formal dining rooms, and a private entrance. Ample parking at both the front and back.Prime location near major transit stops, highways (I-10, I-110 & U.S. Route 101), shopping centers, entertainment, and nightlife. Just three miles west of Downtown Los Angeles, and four miles south of Hollywood. The subject property consists of total three (3) units totaling 1,913 SF on a sizable 5,903 SF lot. Mix of total one (1) 2beds/2baths unit and two (2) 1bed/1bath units. The triplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.


Interior Features

Bedroom Information
Bedrooms 3
Bathroom Information
Bathrooms 4

Listing Information

Address 1147 S Mariposa Avenue
City Los Angeles
State CA
Zip 90006
County Los Angeles
Listing Agent John Ha DRE #01983001
Courtesy Of MUTOOF®
List Price $1,200,000
Status Active
Type Residential Income
Structure Size 1,913
Lot Size 5,905
Year Built 1902

Listing information courtesy of: John Ha, MUTOOF®. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 19th, 2024 at 4:14 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.