1033 N Mariposa Avenue 5538001021
Los Angeles, CA, 90029
$1,395,000
Beds
0 Baths
SqFt
0.19 Acres
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This oversized R3-1XL 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.
LISTING AGENT: Francis Evanisko
LISTING BROKERAGE: Evanisko Realty & Investment
1033 N Mariposa Avenue 5538001021
Los Angeles, CA

Property Details

Price:
$1,395,000
MLS #:
SR24223831
Status:
Active
Baths:
0
Address:
1033 N Mariposa Avenue 5538001021
Type:
Land
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Oct 29, 2024
State:
CA
ZIP:
90029
Lot Size:
8,257 sqft / 0.19 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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