$13,750,000
134 Mariposa Avenue, Los Angeles 90004
4
Beds
4
Baths
35,216
Square feet
18,030
Lot Size
44
# Of Units
Listing Agent
Neema Ahadian - Marcus & MillichapThis 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
Facts & Features
| MLS® # | 24356211 |
|---|---|
| Price | $13,750,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 35,216 |
| Lot Size | 18,030 |
| Year Built | 1986 |
| Type | Residential Income |
| Status | Active Under Contract |
| # Of Units | 44 |
Community Information
| Address | 134 Mariposa Avenue |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90004 |
Amenities
| Parking | Community Structure |
|---|---|
| Garages | Community Structure |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Has Basement | No |
| Fireplace | No |
| Stories | Multi/Split |
Additional Information
| Date Listed | January 29th, 2024 |
|---|---|
| Days on Market | 96 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Neema Ahadian |
|---|---|
| Office | Marcus & Millichap |