1506 S Mariposa
Property Overview
Unique investment opportunity featuring 22 upgraded units with significant improvements already completed. Each unit offers updated interiors, modern flooring, fresh paint, upgraded kitchen areas, and individual split-system heating and air conditioning. The property also features two large commercial kitchens, an on-site laundry facility, gym, and manager's office. Conveniently located near Highway 99 with easy access to shopping, restaurants, transportation, and other amenities. This versatile property offers an investor multiple potential income strategies, including continued hospitality operations, long-term rental possibilities, or future redevelopment, subject to applicable zoning, licensing, and governmental approvals. Seller financing may be considered with acceptable terms. An excellent opportunity for an investor seeking a multi-unit property with extensive improvements already in place and additional value-add potential. Buyer to independently verify permitted uses, unit configuration, income potential, and all property information.
Home Details
- Property type
- Residential Income - Mixed Use
- Year built
- 1938
- Lot size
- 33,768 sq ft
- Parking
- 25 spaces
- Stories
- 1
- Days on market
- 2
- MLS status
- Active
Features & Amenities
Pool
- None
Lot
- Twenty One To Twenty Five Units Acre
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- SepticTypeUnknown
Location & Neighborhood
Frequently Asked Questions About 1506 S Mariposa
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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