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1225 N Mariposa Avenue Los Angeles, CA 90029

  • 4 Bed
  • 2 Bath
  • 2,075 sqft
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Residential-Active Under Contract $ 1,150,000

MLS#: 818004182

Courtesy of: Ann Marie Luna, Steve Davis Estates

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Great Investment Opportunity in a Prime location!! First time on the market. Two parcels on one lot zoned LARD2 which makes this property ripe for Redevelopment. Front home (APN#5540-001-013) and second home (APN #5540-001-014). Front home just about 1500 sf 3 bd 2 ba (buyer to verify). Mostly upgraded including kitchen with new stove, refrigerator, and dishwasher. Upgrades include: recent HVAC system, recessed lighting, newer floors, tankless water heater. There's a newer front porch and back patio with BBQ. Second home in back is 576 sf 1 bd 1 bath, kept in very good condition. Each property has their own yards, as well as a detached 2-car garage for parking. City confirmed front lot can be made into a duplex, total 3 units - with garage possibly an ADU. Buyer to verify. Duplex few doors down was purchased by investors who are in the process of building a 3-unit townhouse-style complex, as well as additional development abounds nearby. Seller is very motivated. Property will be delivered vacant. This property is great for an owner occupant w/rental income investment, and perfect to rent while waiting for development plans to go through.


    Listing, Location and Property Info

  • 7666666.67
  • 554.22
  • 1227
  • 1415
  • C20 - Hollywood

    General Property Information

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  • Seller
  • 6745
  • Public Records
  • Detached

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