328 N Mariposa, Los Angeles, CA 90004
328 N Mariposa, Los Angeles, CA 90004
328 N Mariposa, Los Angeles, CA 90004
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,350,000
Est. payment /mo
8,407 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26051376

HOA Y/N No

Year Built 1923

Lot Size 8,407 Sqft

Property Sub-Type Quadruplex

Property Description

Back on Market, Buyer did not perform, Back on Market Buyer did not Perform
We are pleased to present a four (4) unit apartment building located at 328 N Mariposa Avenue in Los Angeles, The subject property is located in a solid Koreatown location, north of Beverly Boulevard and west of Vermont Avenue. This property offers a solid Koreatown location with a streamlined unit mix of all two-bedroom units, some of which features views of the Hollywood Sign. Three units are currently taken down to the studs, with approved plans in place and permits paid to convert them into spacious three-bedroom two baths layouts, enhancing rental potential. New roof is allready in place, Each unit is separately metered for gas and electricity, while a four-car garage in the rear provides additional upside through the opportunity to convert into multiple ADUs under SB1211 and still have parking for about 9 cars parking is very scarce in this area, The building benefits from lush front-yard landscaping that enhances curb appeal and sits in a prime position with dominant access to major commercial corridors including Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue. With its solid Korea town location, value-add potential, and multiple avenues for unit and ADU conversion, this property presents a rare opportunity for investors to capture strong long-term rental upside.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5520024011

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Gustavo Islas Century 21 Allstars 562-756-5391, DRE #00956639

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