514 S Mariposa Avenue
Los Angeles, CA 90020
$3,700,000
About This Home
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
Property Details
Location
Listed by
Mark Ventre
Lyon Stahl Investment Real Estate, Inc.
MLS# CLW-C137060
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