Listing provided courtesy of Rira Joo of Coldwell Banker Exclusive. Last updated 2025-04-21 08:11:31.000000. Listing information © 2024 Sandicor.
Asking Price: $2,400,000 |
1142 Mariposa, Los Angeles CA 90006
Community: C17 - Mid-Wilshire
This property was built in 2016 and is priced at $2,400,000. Please see the additional details below.
Located in the vibrant and sought-after Koreatown neighborhood, this beautifully designed 4-unit residential income property is an exceptional investment opportunity. With a current cap rate of 4.34% and a projected cap rate of 5%, this property offers comfort, convenience, and strong potential returns for investors. Fully Tenant Occupied All 4 units are currently leased, providing immediate rental income. Automatic Gated Entrance offers enhanced security and privacy for tenants. Each unit includes a refrigerator, washer and dryer, microwave, dishwasher, and oven range perfect for attracting quality tenants. Enjoy proximity to an array of trendy shops, restaurants, and entertainment options, making it a highly desirable location for renters. This is your chance to own and live in a revenue-generating property in one of Los Angeles' most vibrant neighborhoods. Whether you're looking for a strong investment or a home with rental income potential, this property is not to be missed!