Property Detail

1147 Mariposa

Los Angeles CA 90006

$895,000

Status: Active

Property Details

Description

Fantastic opportunity in one of LA's most rapidly evolving neighborhoods. This property is ideally located in Korea town, near Mid-Wilshire, and DTLA. It's originally a single family residence, is currently being restored to meet city compliance, with all updates scheduled for completion prior to the close of escrow. A rare chance for owner-occupants seeking value, or for investors interested in maximizing income potential by converting back to a multi-unit or developing condo or apartment project(buyer to verify). Priced attractively below comparable properties in the area. Don't miss this versatile investment with strong long-term upside. Contact listing agent for details.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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