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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$3,500,000

Est. payment - /mo

15 Beds

15 Baths

9,454 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 9,454 sqft

Price per Sqft $370

MLS Listing ID 25593745

Bedrooms 15

HOA Y/N No

Year Built 2020

Lot Size 8,716 Sqft

Property Description

739 N Mariposa Ave | Los Angeles, CA 90029 Turnkey, non-rent-controlled investment ideal for a 1031 exchange delivered vacant and stabilized at a 6% cap rate. Built in 2020, this contemporary green-certified luxury five-plex offers approx. 9,454 sq. ft. of living space and presents investors the rare opportunity to step into a brand-new, cash-flowing asset in one of LA's fastest-growing neighborhoods. The property features five townhouse-style homes, each thoughtfully designed across three stories with private two-car garages, open floor plans, and abundant natural light from floor-to-ceiling windows. Modern kitchens are equipped with high-end stainless steel appliances, gas ranges, dining islands, and white quartz countertops, while luxe bathrooms feature custom tile and designer finishes. Each unit offers 3 bedrooms and 3 bathrooms, including a flex-room on the main living floor, plus in-unit laundry and central air. The entire property is gated with controlled access, security cameras, and separate utility meters for water, gas, and electric plus an owner's meter for exterior and irrigation. With no deferred maintenance, investors can plug directly into stable income while enjoying the flexibility of a vacant delivery. Ideally located minutes from DTLA, Silver Lake, and Hollywood, the property sits in the center of major new development and revitalization, surrounded by mixed-use projects, creative offices, and institutional anchors like Netflix, Sunset Gower Studios, and Kaiser Permanente's expansion campus. This is a rare chance to acquire a 9,454 sq. ft., new-construction luxury multifamily asset with immediate income, growth potential, and prime positioning in one of Los Angeles' most exciting submarkets.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Heating Central

Fireplace No

Appliance Dishwasher, Refrigerator, Dryer, Washer

Exterior

Total Parking Spaces 2

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5538005010

Special Listing Condition Standard

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Listed by Shane Moses Moses Commercial, Inc

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739 N Mariposa AVE Los Angeles, CA 90029