134 N Mariposa Avenue Los Angeles, CA ^$ 13,750,000

134 N Mariposa Avenue

^$ 13,750,000

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134 N Mariposa Avenue

Los Angeles, CA, 90004

^$ 13,750,000

Bedrooms60 Baths60.0 Sq 35,216

Monthly Estimate*

^$ 96,048

Listed by Marcus & Millichap

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 1

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 2

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 3

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 4

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 5

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 6

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 7

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 8

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 9

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 10

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 11

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 12

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 13

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 14

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 15

134 N Mariposa Avenue, Los Angeles, CA 90004 - Image 16

Multi-Family Home for sale in Los Angeles, CA

for $13,750,000 with 60 bedrooms and 60 full baths. This 35,216 square foot home was built in 1986 on a lot size of 0.4139.

This is a turnkey investment opportunity with the Monarch Apartments, located at 134 N Mariposa Ave in Koreatown, Los Angeles. This44-unit complex, constructed in 1986 and not subject to the LosAngeles Rent Stabilization Ordinance, presents a prime mix of 28one-bedroom (including 10 with lofts on the third floor) and 16 twobedroomunits, accompanied by 44 parking spaces. The propertyhas undergone significant renovations in 22 units, featuring luxuryupdates such as vinyl plank flooring, modern cabinets, quartzcountertops, and new stainless-steel appliances, with 20 units nowboasting in-unit washers and dryers completed with permits.Further enhancements include substantial exterior upgradeslike new paint, wood accents, an updated intercom and

Multi-Family Active

Price

^$ 13,750,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4139

Year Built

1986

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24356211

Days on Market

Features

General

Heating WallFurnace

Zoning LAR3

Year Built 1986

Levels MultiSplit

Gross Income 1245165.0

County Los Angeles

Net Operating Income 753244.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions 134 N Mariposa Ave is located on just east of Normandie Aveand south of Beverly Blvd

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 44

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 18030.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Mariposa

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 53

Standard Status ActiveUnderContract

Cap Rate 5.48

Exterior

Parking Features CommunityStructure

Total Parking 0.0

Lot Size Area 18030.0

Number of Buildings 1

Spa N

Building Area Total 35216.0

Lot Size Acres 0.4139

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 60

Electric On Property Y/N N

Total Baths 60

Internal Only

Street Number 1 134

* Excluded Features

List By

Marcus & Millichap

Broker

(310) 909-5444

Phone

Affordability Calculator

$96,048

Per Month

Monthly Principal & Interest: $96,048
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,000,821

Percent of Sale Price 85%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/9/2024	$13,750,000		Listed Price

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134 N Mariposa Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $13,750,000 with 35,216 sqft and a lot size of 0.4139. 134 N Mariposa Avenue has 60 bedrooms, 60.0 baths, and was built in 1986. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. 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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134 N Mariposa Avenue

Multi-Family Home for sale in Los Angeles, CA

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