Newly Built 9-Unit Apartment
For Sale
$5,795,000
923 N Mariposa Ave, Los Angeles, CA 90029
Nine newly constructed residences combine townhome layouts with three accessory dwelling units.
Property Size9,350 SF
Price / SF$619.79
Days on Market14
Property Features for 923 N Mariposa Ave
General Information
Standard status
Active
Size
9,350 SF
Property subtype
MULTI_FAMILY
Units
Unit Mix
6 x 3BR/4BA, 3 x ADU
Multifamily Units
9
Building Details
Building Size
9,350 SF
Year Built
2023
Listing Agency:
The Oppenheim Group, Inc.
Listed By:
Kane Kaijun Lim · License #02051343
Source:
Benbelack
Added: Aug 12
Changed: Aug 22
Last Checked: Aug 24 at 1:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Oppenheim Group, Inc.
Investment Insights
Based on property information with market context.
Completed in 2023, this 9,350-square-foot multifamily property contains six tri-level townhomes with three bedrooms and four bathrooms each, along with three ADUs. The residences feature marble countertops, custom cabinetry, premium kitchen appliances, in-unit laundry, individually finished bathrooms, glass shower enclosures, and private balconies. Oversized windows bring natural light into the living areas, while the exterior includes smooth stucco, wood-inspired cladding, architectural lighting, and landscaped grounds.
The property is located on N Mariposa Ave in Los Angeles’ Hollywood area. Separate utility metering and newer building systems support operational separation across the residences. The property also carries a projected cap rate above 5%.
The property is located on N Mariposa Ave in Los Angeles’ Hollywood area. Separate utility metering and newer building systems support operational separation across the residences. The property also carries a projected cap rate above 5%.
Key Highlights
- 9,350‑square‑foot multifamily property completed in 2023
- Six tri‑level townhomes, each with 3 bedrooms and 4 bathrooms
- Three ADUs provide an additional residential component
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
9,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine newly constructed residences combine townhome layouts with three accessory dwelling units.
Where is this apartment building located?
The property is located at 923 N Mariposa Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,795,000.
What are key features of this property?
This property features: 9,350‑square‑foot multifamily property completed in 2023; Six tri‑level townhomes, each with 3 bedrooms and 4 bathrooms; Three ADUs provide an additional residential component
