616 N Mariposa Ave, Los Angeles, CA 90004
Los Angeles, CA
Property Features for 616 N Mariposa Ave
General Information
Additional Details
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is fully leased and located in an Opportunity Zone. The garages could potentially be converted to ADUs, with a stated scenario of six total units and approximately 6,737 square feet of rentable living area. That scenario projects a stabilized cap rate increase from approximately 6.06% to 7.75%. The property is described as non-rent-control and includes a one-year builder warranty. Larchmont Village, Hollywood, Silver Lake, Koreatown, and major employment centers are described as minutes away.
Key Highlights
- Four residences, each with 3 bedrooms and 3.5 bathrooms
- 0.1635‑acre parcel zoned LAR3
- Paid‑off solar, EV‑ready infrastructure, separate utility meters, and in‑unit laundry