Kondominium beli di Parklabrea, California
Growth Investment Group is proud to present 515 N Mariposa, a value-add investment offering centrally located at the heart of Oakwood, East Hollywood. This HIGH CAP Rate and value-add investment offering provides investors an excellent opportunity to buy with a low down payment and high Cash-on-cash return. The deal offers a current CAP Rate of over 5% and an estimated Proforma CAP Rate close to 7%. It is centrally located in the highly desirable opportunity zone, just minutes away from Larchmont Village, Paramount Studios, Los Angeles City College & MacArthur Park. Built-in 1937 this building consists of 8 exceptional units totaling 4,049 SF (this square footage is excluding the new ADU unit!) of living area on a sizeable 7,499 SF lot. This offering consists of two easily maintained buildings, with a unique unit mix of (three) studios, (four) two-bedroom-one bath, and (one) one-bedroom newly built ADU. The newly built ADU building consists of a new laundry room, storage spaces, and seven carports, which will be able to provide additional income. All units include hardwood flooring, large full kitchens & bathroom with closet space. These units also include wall heating & wall A/C. The majority of leases are close to market rate, making it an exceptional opportunity for an investor looking for a high cash flowing property in a strong submarket. 515 N Mariposa is an easily maintained building, tenants pay for gas, electrical, and trash while the landlord pays for Water & Maintenance. Disclaimer* New ADU construction is ongoing and will be completed within 1-2 Months. 515 N Mariposa can be purchased alongside 210 N Kenmore for a total of 20-Units & 5.13% CAP. MLS® ID: AR22128270 Listed: 6/13/22 Updated: 10/17/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area Exterior/Building Features Lot Size: 7,499 ft2 lot Lot Details: 0-1 Unit/Acre Sewer: Public Sewer Other Property Details Area Name: KREA - Koreatown HOA Amenities: Urban Garage: Yes Garage Spaces: 7 Parking: Y Parking Total: 7.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 2 Zoning: LAR3 Courtesy of GIG Real Estate Inc., Abel Benitez, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/17/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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