Jeremiah Moersch REALTOR®
Office: 760-533-2540
134 Mariposa Avenue, Los Angeles
$13,750,000
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4 Beds
4 Baths
35,216 Sqft
.41 Acre
0 Garage
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
Essential Information
- MLS® #
- 24356211
- Price
- $13,750,000
- Bedrooms
- 4
- Bathrooms
- 4.00
- Square Footage
- 35,216
- Acres
- 0.41
- Year Built
- 1986
- Type
- Residential Income
- Status
- Active Under Contract
Community Information
- Address
- 134 Mariposa Avenue
- Area
- C17 - Mid-Wilshire
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90004
- Senior Community
- N
Amenities
- Parking
- Community Structure
- Garages
- Community Structure
Interior
- Heating
- Wall Furnace
- Stories
- Multi/Split
Additional Information
- Date Listed
- January 29th, 2024
- Days on Market
- 98
- Zoning
- LAR3
Listing Details
- Agent
- Neema Ahadian
- Office
- Marcus & Millichap
Property History
Status Changed from Active to Active Under Contract
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 9:15am PDT. 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.