Growth Investment Group is proud to present The Mariposa Avenue Apartments; a 32+1 Non-Conforming (33) unit apartment community in the highly-desirable area of Koreatown. This offering presents a rare opportunity for an investor to acquire a well located, apartment community in one of the strongest sub-markets in the Los Angeles County. Koreatown is known for being one of the most culturally diverse neighborhoods in Los Angeles with a bustling economy that has grown tremendously over recent years. The property is situation a short drive away from highly desirable locations such as Downtown Los Angeles, Hollywood, Dodger Stadium, Santa Monica, the Griffith Observatory, the Walt Disney Concert Hall, and the Grove. The Mariposa Avenue apartments are a short walk away from numerous coffee shops, restaurants, gas stations, and grocery stores. Koreatown is west of downtown and south of Hollywood which makes it a PRIME location. The property consists of 32 Light-house Keeping Room, master-metered apartments. All units have bathrooms. Nearby neighborhoods include East Hollywood, Larchmont, Little Armenia, and the Hollywood District Studio. With a 29%+ rental upside, a walk score of 93, and transit score of 81 this property is a great buy for any investor.
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GROWTH INVESTMENT GROUP, INC.
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818 S Mariposa Avenue, Los Angeles, CA 90005 is a property for sale.
This Los Angeles, CA Multi-Family home
has a lot size of 10,829 Sq. Ft. and
has been on ZipRealty.com for 32 days.
818 S Mariposa Avenue
was built in 1940 and
is currently listed for $4,500,000.
The 818 S Mariposa Avenue Los Angeles, CA 90005 listing is provided courtesy of GROWTH INVESTMENT GROUP, INC..
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Data last updated: Sunday, October 23, 2016 at 10:29 PM. Properties in listings may have been sold or may no longer be available.