328 N Mariposa AVE new

Los Angeles,CA 90004

$ 1450000

8 Beds

4 Baths

5782 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,782 sqft

Price per Sqft $250

MLS Listing ID 25598089

Bedrooms 8

HOA Y/N No

Year Built 1923

Lot Size 8,407 Sqft

Property Description

We are pleased to present a four (4) unit apartment building located at 328 N Mariposa Avenue in Los Angeles, California. The subject property is located in a solid Koreatown location, north of Beverly Boulevard and west of Vermont Avenue. This property offers a solid Koreatown location with a streamlined unit mix of all two-bedroom units, some of which features views of the Hollywood Sign. Three units are currently vacant and taken down to the studs, with approved plans in place to convert them into spacious three-bedroom layouts, enhancing rental potential. Each unit is separately metered for gas and electricity, while a four-car garage in the rear provides additional upside through the opportunity to convert into multiple ADUs under SB1211. The building benefits from lush front-yard landscaping that enhances curb appeal and sits in a prime position with dominant access to major commercial corridors including Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue. With its solid Koreatown location, value-add potential, and multiple avenues for unit and ADU conversion, this property presents a rare opportunity for investors to capture strong long-term rental upside.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Interior

Fireplace No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5520024011

Special Listing Condition Standard

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