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Spanish Style Duplex in Los Feliz

$1,900,000

1921 N Mariposa

# of Units: 2

GRM: 24.83

CAP Rate: 4.10%

Price/SF: $669

Building SF: 2,838

Lot SF: 6,899

Zoning: LAR2

Year Built: 1923

Description

Restored and modernized, this Los Feliz duplex meticulously maintains the original style and character of the original structure. Each unit is 2 bedrooms and 2 bathrooms, spanning a full floor of the building with formal living and dining rooms. Updates include high-end stainless-steel appliances, stone countertops, farmhouse sinks, custom cabinetry, and beautiful tile backsplashes in the kitchens. The step risers also boast classic Spanish-style tiled accents leading up to the doorways and up the stairs to the second story unit. Roof, electrical, plumbing, and sewer line have all been replaced in the last 10 years. Low monthly maintenance and operating expenses make this a truly stellar plug and play investment opportunity.

Location

Near Griffith Park, Observatory, Hillhurst Ave, and more

Property Highlights​​

  • Turnkey Property

  • One unit Delivered Vacant

  • Tastefully Renovated Interiors

  • Low Maintenance Property

  • Spacious Units Average 1,400 SF

  • Amazing Location in Los Feliz

  • Close Proximity to Many Great Stores and Delicious Eateries

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