134 North Mariposa Avenue Los Angeles, CA $ 13,750,000
134 North Mariposa Avenue
$ 13,750,000
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134 North Mariposa Avenue

Los Angeles, CA, 90004
$ 13,750,000
Baths0.0 Sq 35,216

Monthly Estimate*

$ 96,048

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $13,750,000. This 35,216 square foot home was built in 1986 on a lot size of 0.41.

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

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Multi-Family Contingent

Price

$ 13,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.41

Year Built

1986

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024356211

Features
General
Heating Wall Furnace
Zoning LAR3
Year Built 1986
Levels Multi/Split
County Los Angeles
Net Operating Income 753244.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Buyer Agent Compensation 1.50
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 18030.0
Street Name Mariposa
Standard Status Active Under Contract
Buyer Agent Compensation Type %
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Exterior
Parking Features Community Structure
Lot Size Area 18030.0
Building Area Total 35216.0
Lot Size Acres 0.41
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Neema Ahadian

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$96,048
Per Month
100%
0%
0%
Monthly Principal & Interest
$96,048
Monthly Property Taxes
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2024$13,750,000 Listed Price

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134 North 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 0.41. 134 North Mariposa Avenue is a studio with 0.0 baths and was built in 1986. The property's zip code is 90004 which is in Los Angeles, CA