1126 South Mariposa Avenue, Unit 1128

Los Angeles, CA 90006

$1,390,000
Price
4
Beds
3
Baths
1,886 Sq. Ft.
$737 / Sq. Ft.
1,886
Sq. Ft.
$737
per Sq. Ft.

Description

Welcome to 1126 S Mariposa Ave, opportunity in Koreatown's R3 zone: a 2-unit income property awaits at $1.39 million. This investment promises both immediate returns and future potential. Each unit offers an exceptional modern amenities, attracting tenants who are seeking convenience and comfort. With Koreatown's allure and amazing location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate, this property stands as a lucrative asset. Don't miss out on...Welcome to 1126 S Mariposa Ave, opportunity in Koreatown's R3 zone: a 2-unit income property awaits at $1.39 million. This investment promises both immediate returns and future potential. Each unit offers an exceptional modern amenities, attracting tenants who are seeking convenience and comfort. With Koreatown's allure and amazing location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate, this property stands as a lucrative asset. Don't miss out on this rare opportunity - schedule your showing today!
  1. Listed by Litta Lee • DRE #01094655 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1126 South Mariposa Avenue, Unit 1128

Zoning
LAR3
Parcel Number
5078021021
Total Units
2.0
Living Area
1886
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
5906

Location

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655
Add your commute
LISTING UPDATED: 03/29/2024 12:01 AM

Property Details for 1126 South Mariposa Avenue, Unit 1128

StatusActive
MLS #24-370087
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 5,906 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655
Add your commute

Building Information for 1126 South Mariposa Avenue, Unit 1128

Stories-Residences-Year Built1923Building Size-Lot Size0.14 AC / 5,906 SF

Payment Calculator

$7,586 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,586

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1126 South Mariposa Avenue, Unit 1128

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
  • Unit Number: 1128
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $76,800
  • Net Operating Income: $48,200.00
  • Gross Income: $76,800
  • Gross Rent Multiplier: $18.00
  • Total Annual Expense: 13000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1356
  • Lot Size Square Feet: 5906
Parking Details
Parking Details
  • Parking Garage: Gated
  • Total Parking: 0
  • Parking Features: Gated
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,700.00
  • Unit Actual Rent: $2,700.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $118,357.00
  • Assessed Improvement Percent: 18.87
  • Assessed Land Value: $508,948.00
  • Assessed Land Percent: 81.13
  • Assessed Total Value: $627,305.00

Property History for 1126 South Mariposa Avenue, Unit 1128

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1126 South Mariposa Avenue, Unit 1128

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Los Angeles Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1126 South Mariposa Avenue, Unit 1128 is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on March 21, 2024 by Coldwell Banker Realty, it's currently listed at $1,390,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1126 South Mariposa Avenue, Unit 1128 is a 4-bed, 3-bath, 1,886 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.