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Listed by: Roderick 'Rick' Raymundo (213) 943-1855 DRE #01357019 | Marcus & Millichap (818) 212-2700
$1,995,000
6 Beds
- 16 Baths
8,272sqft
910 S Mariposa Ave, Los Angeles, CA 90006
$1,995,000
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Multi Family
Built in 1925
$-- HOA
6,411 sqft lot
$241/sq.ft
Description
Listed at a 7.09% CAP Rate and 7.61 GRM based on in-place income, the property offers investors strong immediate cash flow with the added opportunity to recapture approximately 36% in rent upside. The property's electrical system has been upgraded, with a new main panel and new subpanels, saving a new owner from maintenance, insurance, and inefficient utility costs. Attractively priced when compared to similar recent sales, the building is being offered for $124,688 per unit while similar assets have been selling for an average of $151,782 per unit in 2025. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owne...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
8,272 sqft
Lot Size
6,411 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25606069
MLS Status
Active
Days on Market
66
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