923 N Mariposa Ave, Los Angeles, CA 90029
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923 N Mariposa Ave, Los Angeles, CA 90029
923 N Mariposa Ave, Los Angeles, CA 90029
923 N Mariposa Ave, Los Angeles, CA 90029
923 N Mariposa Ave, Los Angeles, CA 90029
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 5,795,000
Est. payment /mo
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923 N Mariposa Ave Los Angeles, CA 90029

21 Beds

27 Baths

9,350 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $619

MLS Listing ID 26869087

Bedrooms 21

Year Built 2023

Lot Size 9,003 Sqft

Acres 0.2067

Property Sub-Type Multi-Family

Property Description

A rare opportunity to acquire a newly constructed nine unit multifamily property in the heart of Hollywood. The property is comprised of six expansive 3 bed / 4 bath tri-level townhomes and three ADUs, offering projected annual rental income of approximately $403,200 and an over 5% projected cap rate. The property combines strong income potential with the benefits of newer construction and long term rental appeal. Designed with a level of detail rarely found in traditional multifamily construction, the residences offer generous floor plans and elevated finishes throughout. Interiors feature Tundra marble countertops, custom cabinetry, premium kitchen appliances, in unit washers and dryers and individually designed bathrooms with hand selected tile, glass shower enclosures and Calacatta marble vanities. Oversized windows bring in abundant natural light while private balconies and expansive living spaces give the townhomes a more residential feel. The exterior is equally considered with smooth stucco, wood inspired cladding, expansive glazing, architectural lighting and landscaped grounds. Separate utility metering and newer building systems provide additional ease of ownership and help position the property as a compelling long term investment. Ideally located near some of Hollywood's best dining, shopping and entertainment, the property offers a rare combination of scale, design, income and turnkey appeal in one of Los Angeles' most active rental markets.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Driveway, Gated

Garage Spaces 8.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Oppenheim Group, Inc.

NEARBY SCHOOL & BUSINESS

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923 N Mariposa Ave

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+1(510) 493-0442

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