225 S Mariposa Ave
Los Angeles, CA 90004 (Wilshire Center / Koreatown)
Contact For Estimate

225 S Mariposa Ave
Los Angeles, CA 90004

(Wilshire Center / Koreatown)
  • 20 baths
  • 9,508 sqft
  • 7,539 sqft lot size
  • Multi-Family
Off Market · Public Record
Contact For Estimate
225 S Mariposa Ave
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • High crime relative to the rest of Los Angeles county.

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  • 77% of residents commute by car.

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  • 643 Restaurants

    52 Grocery stores

    137 Nightlife

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Off Market · Public Record

Home Details

Overview
  • Multi-Family
  • 20 Baths
  • Built in 1969
  • 7,539 sqft lot size
  • 9,508 sqft
Description

This property is no longer available to rent or buy. This description is from April 23, 2011
The Villa Venessa is a 20-unit multi-family property built in 1969 and located in a prime rental area of Mid-Wilshire/Koreatown. Currently offered at a 6.4% cap rate and 9.3 GRM with approximately 30% upside in rents (7% cap if self-managed), the Villa boasts gated below-grade parking, separately metered gas and electricity, and easy to manage units. Laundry machines are owned and are included in the sale. Most units are single occupancy contributing to below-average utility expenses. One 1+1 unit to be delivered vacant upon close of escrow, please do not disturb occupants. Go to property website or contact agent for full marketing package.

Price History
Date
Price
Event

06/30/2011
$1,470,000
Sold
Recording Date
06/30/2011
Contract Date
06/27/2011
Sale Price
$1,470,000
Price Type
Full amount computed from Transfer Tax or Excise Tax.
County Transfer Tax
$1,617
Total Transfer Tax
N/A
Transaction Type
Insured Non-Residential Grant Deed
Document Type
N/A

Property Taxes and Assessment
Year
2017
Tax
$20,809.55
Assessments
$1,622,739
Land
$993,514
Improvements
$629,225
Total
$1,622,739
Market Value
N/A

Price Trends
Real Estate Trends
Average Listing Price for 90004
$1,469,818
Median Sale Price for 90004
$687,500
Average Sale price/sqft for 90004
$435/sqft
Comparables and Estimates
Sold Homes
Address Distance Property Type Sold Price Sold Date Bed Bath Sqft
2.06
Multi-Family
$1,290,000
12/28/17
-
-
4,880
0.85
Multi-Family
$856,000
01/10/18
6
3
34,737
2.92
Multi-Family
$868,000
01/11/18
4
4
2,700
0.84
Multi-Family
$775,000
12/29/17
2
2
1,300
3.26
Multi-Family
$965,000
01/11/18
2
2
1,851
2.8
Multi-Family
$1,390,000
12/29/17
6
6
3,800
1.08
Multi-Family
$669,000
01/04/18
-
-
-
1.86
Multi-Family
$1,230,000
12/22/17
4
2
1,700
1.2
Multi-Family
$1,300,000
01/08/18
5
3
2,902
1.21
Multi-Family
$1,350,000
12/22/17
4
2
1,624

Contact Info


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