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… Read More 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. Read Less
Property listed by Moses Commercial, Inc, Shane Moses 972-467-6536
Listing Snapshot
Days Online
4
Last Updated
Property Type
Other
Beds
15
Square Ft.
9,454
Lot Size
0.2 Acres
Year Built
2020
MLS Number
25593745
30 Days Snapshot Of 90029
$888k
-6%
(avg) sold price
2
-60%
homes sold
119
-16%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 2020, Building area total: 9,454, Levels: MultiSplit, Living area: 9454, 5 buildings
Heating
Central
Income
Gross income: $297,000, Net operating income: $208,000
Lot
0.2001 acres, 8,716 square feet, Size: 8,716
Parking
2 totals parking
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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