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1033 Mariposa Avenue
Los Angeles, CA 90029
This oversized single lot in Hollywood could be the perfect site for your new multifamily development project. Whether you aim to deploy a more conventional methodology of design and density calculation or take advantage of certain timely legislation for creating affordable housing, the location and zoning will support a wide range of site utilizations. The property is walking distance (about six blocks) from the Vermont/Santa Monica Metro Station and will provide income while you plan your project. The property is situated in the vibrant East Hollywood area of Los Angeles and is just one block away from Normandie Ave. and Santa Monica Blvd. This provides easy access to DTLA, the 101 Freeway, and public transportation. The neighborhood is known for its tree lined streets. Los Angeles City College, Barnsdall Art Park, and several large hospitals are nearby, adding to the location’s appeal. The property consists of four units, with the front unit having two bedrooms and one bathroom, and the other three units each having one bedroom and one bathroom. With long-term, good paying tenants already in place, it presents a solid covered land opportunity. The property’s proximity to key amenities and zoning make it an excellent candidate for current and/or future development.
PROPERTY INFORMATION
| MLS # | SR24223826 | Lot Size | 8,257 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,395,000
Price Per SqFt: $ 483 |
DOM | 214 Days |
| Address | 1033 Mariposa Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 2,888 Sq. Ft. |
| Postal Code | 90029 | Garage | 2 |
| County | Los Angeles | Year Built | 1924 |
| Bed / Bath | 5 / 0 | Parking | 2 |
| Built In | 1924 | Status | Active |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| EntryLocation | ground level |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,488
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 10/29/2024 | Listed | $1,395,000 |
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Listing provided courtesy of Francis Evanisko, Evanisko Realty & Investment. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
