910 S Mariposa Avenue, Los Angeles, CA 90006

• 8,272 sqft

Property Description

Listed at a 7.09% CAP Rate and 7.61 GRM based on in-place income, the property offers investors strong immediate cash flow with the added opportunity to recapture approximately 36% in rent upside. The property's electrical system has been upgraded, with a new main panel and new subpanels, saving a new owner from maintenance, insurance, and inefficient utility costs. Attractively priced when compared to similar recent sales, the building is being offered for $124,688 per unit while similar assets have been selling for an average of $151,782 per unit in 2025. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owner can save significant funds from otherwise costly seismic repairs (Buyer to verify). Situated just south of 8th Street, the property offers tenants proximity to the abundant dining and shopping options throughout Koreatown, in addition to job centers in Downtown Los Angeles and the nearby University of Southern California. Residents also enjoy convenient access to the 110, 10, and 101 Freeways, while the Metro B Line and D Line subways, along with several Metro bus stops, are all within blocks of the property. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angele

Listing Status:

Active

Date Added:

October 14, 2025 at 05:00AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Roderick 'Rick' Raymundo : 213-943-1855

MLS ID:

CL25606069

Exterior

• Parking: Assigned

Location

• County: Los Angeles

Lot

• Zoning: LAR45094022025

This listing courtesy of Roderick 'Rick' Raymundo, Marcus & Millichap