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1213 Mariposa Street
Glendale CA 91205 US

$1,249,000

Active Under Contract Listing ID BB24244859
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4 bed
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6.00 Bath (5 Full , 1 Half)
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Lot: 7,550.00 Square Feet
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Apartment

$1,249,000

Active Under Contract Listing ID BB24244859
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1213 Mariposa Street GLENDALE - 5 UNITS - FIXER - CASH OR HARD MONEY ONLY. INCREDIBLE OPPORTUNITY, AMAZING PRICE FOR A REAL FIVE UNIT BUILDING. FIX AND SAVE. PRIME GLENDALE ADAMS HILL/ADAMS SQUARE MULTI UNIT FIXER. HUGE UPSIDE POTENTIAL!! FIRST TIME ON THE MARKET IN 25+ YEARS. UNDER MARKET RENTS – TREMENDOUS POSSIBILITIES. ZONED GLR4YY. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted garage studio (WILL BE DELIVERED VACANT after COE). One of the studio units is vacant and gutted, and ready to be renovated. NEWLY UPDATED 1 BED/1 BATH UNIT - JUST REDONE (SEE NEW PICS). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Front house built in 1912 - middle units built in the 1950's with a BRAND NEW ROOF INSTALLED ON BUILDING 2 - with the stand alone unit built in 1960's. DO NOT MISS YOUR CHANCE!! Active rents at this time are approximately $3787 TOTAL per month BUT this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. CASH/HARD MONEY OR VERY STRONG DOWNPAYMENT ONLY AS THIS IS WILL REQUIRE A COMMERCIAL LOAN BECAUSE IT IS 5 UNITS.

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Property Features

  • Facts
  • Lot Size: 7,550.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Exterior Finish: Community Features Included: Sidewalks, Level With Street

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1249000
  • unparsedaddress: 1213 Mariposa Street
  • postalcity: Glendale
  • stateorprovince: CA
  • country: US
  • postalcode: 91205
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.173324150596878
  • lotsizeunits: Square Feet
  • lotsizearea: 7550
  • livingarea: 2958
  • livingareaunits: Square Feet
  • listagentfullname: Arto Poladian
  • listagentemail: arto@redfin.com
  • listagentkey: 3yd-MRMLSCA-BB41871
  • listagentmlsid: BB41871
  • listagentpreferredphone: 8183832792
  • listagentofficephone: 8779733346
  • listofficekey: 3yd-MRMLSCA-BH5345356
  • listagentstatelicense: 01779642
  • listofficemlsid: BH5345356
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1912
  • listingcontractdate: 2024-12-06
  • listagenturl: http://www.redfin.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5676029011
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Sidewalks, Level With Street
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Redfin Corporation", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"arto@redfin.com", "ListBrokerageCity":"Long Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mark.bennett@redfin.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Redfin Corporation", "ListBrokeragePhone":"(949) 294-6186", "ListBrokeragePostalCode":"90802", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 440", "ListBrokerageUnparsedAddress":"115 Pine Ave", "ListBrokerageWebsiteUrl":"http://www.redfin.com/", "ListOfficeAddress1":"15301 Ventura Blvd Building B", "ListOfficeAddress2":"Suite 300", "ListOfficeBrokerMlsId":"SBENNMA2", "ListOfficeCity":"Sherman Oaks", "ListOfficeCountry":"US", "ListOfficeEmail":"mark.bennett@redfin.com", "ListOfficePostalCode":"91403", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Glendale, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1213-Mariposa-St_Glendale_CA_91205_M10934-93377?f=listhub&s=MRMLSCA&m=BB24244859&c=rexren", "MLSModificationTimestamp":"2024-12-20T10:44:26Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/20/2024 10:10:59 PM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Arto Poladian, Redfin Corporation, arto@redfin.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.