Residential Income - Los Angeles, CA

147 North Mariposa Ave is a 6,210 square foot 8 unit apartment building composed of one Single, six 1+1 units and one 3+1 unit. The subject property is separately metered for gas and electricity and each unit averages 775 square feet. There are five onsite parking spaces, onsite laundry and seismic retrofitting requirements were recently completed. The property has copper plumbing and is situated on a 5,999 square foot lot and zoned LAR4. All tenants have paid through covid and are current at this time.This building is well located in the desirable Koreatown area of Los Angeles in a QUALIFIED OPPORTUNITY ZONE. The property is one block east of Normandie Avenue and just south of Beverly Blvd. It is conveniently located near the 101 freeway and approximately a quarter mile away from the Metro Red Line Vermont\/Beverly station. It is deemed "very walkable," earning a walkability score of 87.