1142 Mariposa Ave Los Angeles, CA 90006

This 4-unit apartment building in the heart of Koreatown, Los Angeles, presents a compelling investment opportunity. Built in 2016, the property boasts 5,096 square feet and commands a price of $2,600,000, or $510.20 per square foot. The property features an automatic gated entrance for enhanced security and privacy. Each of the four units includes stainless steel appliances: refrigerator, washer, dryer, microwave, dishwasher, and oven range. One unit will be delivered vacant, providing an owner-user option. The property's prime location offers residents easy access to numerous shops and restaurants, making it highly attractive to renters. This multifamily investment property offers a projected 5.10% cap rate, promising strong potential returns. Situated at 1142 S Mariposa Ave, Los Angeles, CA 90006, this property is a rare find in a thriving Los Angeles neighborhood. The building's modern design and desirable location combine to create a lucrative investment opportunity with significant upside potential. Don't miss this chance to acquire a high-yield property in a dynamic and sought-after area.