Property Detail

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.