514 S Mariposa Ave 17BR La
| Website: | https://www.nestseekers.com/5551224 |
|---|---|
| Address: | 514 S Mariposa Ave LOS ANGELES, CA 90020 |
| Ownership: | For Sale |
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| Bedrooms: | 17 BR |
| Bathrooms: | 19 |
| Area: | 11254 sq ft |
| Lot Size: | 0.3 Acres |
Financials
Price:$3,700,000
Description
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.
Amenities
- Quartz Counters
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Lyon Stahl Investment Real Estate, Inc. | |
