201 N Mariposa Avenue

Description

***Great Potential with R3 Lot Featuring Two Houses!*** Located at the corner of Mariposa Ave and Council St. in the highly sought-after Korea Town area, this R3-zoned property boasts two houses with great potential. Each home features its own unique address, driveway, garage, and laundry facilities. 201 Mariposa Ave has 3 bedrooms, 1.5 bathrooms and 4109 Council St has 2 bedrooms, 1 bathroom. This is an excellent opportunity for developers or investors, as the R3 zoning opens the door to potential apartment unit projects. The property’s prime location, just one block south of Beverly Blvd, offers convenient access to local businesses and public transportation, making it an ideal rental spot. The property also benefits from good current and potential future rental income, with all utility meters individually set for both homes.

Listing information courtesy of: Soyoon Kim, OneTop Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 01/10/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.