134 N Mariposa Avenue Los Angeles, CA 90004
This 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
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site138 Days
- MLS StatusActive Under Contract
- MLS ID Number24356211
- Home Size Source N/A
- Year Built1986
- Lot Size0.4139 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Community Structure
- Parking Spaces 0
- Number of Stories Multi/Split0
- Acreage 0.4139
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Heating Wall Furnace
Community Features
- Senior Community No
- MLS Area C17 - Mid-Wilshire