923 N Mariposa Ave , Los Angeles, CA 90029
$5,695,000
Est. Payment: $30,164.45/mo
18 Bed
27 Bath
9350 Sqft
Status: Active | Days on site: 36
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CLW-X80679 - CLW-C128600,CLW-X98741
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House 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.

Highlights

Listed by Kane Kaijun Lim , 323-770-2783 and Jason Oppenheim , 310-990-6656 The Oppenheim Group, Inc. , 310-990-6656. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.21

Year Built

2023

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26869087

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:18
  • Bathrooms:27
  • Full Bathrooms:0
Appliances:Dishwasher, Microwave, Refrigerator, Dryer, Washer
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x180
Garage Capacity:8
Zoning:LARD1.5
Others:
  • Additional:2+ Total Units
Parking Features:Driveway,Gated
Principal Interest
$30,164
Taxes
$3,631

Home Price

$5,695,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$1,139,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$30,164.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $30,164.45 $3,630.56 $0.00 $33,795.02
Yearly $361,973.45 $43,566.75 $0.00 $405,540.20
Total $10,859,203.46 $1,307,002.50 $0.00 $12,166,205.96

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T07:04:54.000Z

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