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739 N Mariposa Ave 5 Unit Apartment Building $4,099,783 CAD ($819,957 CAD/Unit) 6.70% Cap Rate Los Angeles, CA 90029
Executive Summary
JUST LISTED:
739 N Mariposa Ave | Los Angeles, CA 90029
Lowest Price Per Square foot for Newer Construction in 90029 - The property has been master leased for $20,500 per month, new owner would only be responsible for property taxes and insurance.
Turnkey 1031 exchange perfection—stabilized at a 6.7% cap rate. Built in 2020, this contemporary green-certified luxury five-plex offers approx. 9,454 sq. ft. of living space and presents investors the rare opportunity to step into a brand-new, cash-flowing asset in one of LA’s fastest-growing neighborhoods.
The property features five townhouse-style homes, each thoughtfully designed across three stories with private two-car garages, open floor plans, and abundant natural light from floor-to-ceiling windows. Modern kitchens are equipped with high-end stainless steel appliances, gas ranges, dining islands, and white quartz countertops, while luxe bathrooms feature custom tile and designer finishes. Each unit offers 3 bedrooms and 3 bathrooms, including a flex-room on the main living floor, plus in-unit laundry and central air.
The entire property is gated with controlled access, security cameras, and separate utility meters for water, gas, and electric—plus an owner’s meter for exterior and irrigation. With no deferred maintenance, investors can plug directly into stable income while enjoying the flexibility of a vacant delivery.
Ideally located minutes from DTLA, Silver Lake, and Hollywood, the property sits in the center of major new development and revitalization, surrounded by mixed-use projects, creative offices, and institutional anchors like Netflix, Sunset Gower Studios, and Kaiser Permanente’s expansion campus.
This is a rare chance to acquire a 9,454 sq. ft., new-construction luxury multifamily asset with immediate income, growth potential, and prime positioning in one of Los Angeles’ most exciting submarkets.
Please reach out if you would like additional information regarding this opportunity!
Shane@mosescommercial.com
BRE#02007841
739 N Mariposa Ave | Los Angeles, CA 90029
Lowest Price Per Square foot for Newer Construction in 90029 - The property has been master leased for $20,500 per month, new owner would only be responsible for property taxes and insurance.
Turnkey 1031 exchange perfection—stabilized at a 6.7% cap rate. Built in 2020, this contemporary green-certified luxury five-plex offers approx. 9,454 sq. ft. of living space and presents investors the rare opportunity to step into a brand-new, cash-flowing asset in one of LA’s fastest-growing neighborhoods.
The property features five townhouse-style homes, each thoughtfully designed across three stories with private two-car garages, open floor plans, and abundant natural light from floor-to-ceiling windows. Modern kitchens are equipped with high-end stainless steel appliances, gas ranges, dining islands, and white quartz countertops, while luxe bathrooms feature custom tile and designer finishes. Each unit offers 3 bedrooms and 3 bathrooms, including a flex-room on the main living floor, plus in-unit laundry and central air.
The entire property is gated with controlled access, security cameras, and separate utility meters for water, gas, and electric—plus an owner’s meter for exterior and irrigation. With no deferred maintenance, investors can plug directly into stable income while enjoying the flexibility of a vacant delivery.
Ideally located minutes from DTLA, Silver Lake, and Hollywood, the property sits in the center of major new development and revitalization, surrounded by mixed-use projects, creative offices, and institutional anchors like Netflix, Sunset Gower Studios, and Kaiser Permanente’s expansion campus.
This is a rare chance to acquire a 9,454 sq. ft., new-construction luxury multifamily asset with immediate income, growth potential, and prime positioning in one of Los Angeles’ most exciting submarkets.
Please reach out if you would like additional information regarding this opportunity!
Shane@mosescommercial.com
BRE#02007841
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$406,014
|
$54.14
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$12,180
|
$1.62
|
| Effective Gross Income |
$393,833
|
$52.51
|
| Taxes |
$52,871
|
$7.05
|
| Operating Expenses |
$56,616
|
$7.55
|
| Total Expenses |
$109,487
|
$14.60
|
| Net Operating Income |
$284,346
|
$37.91
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $406,014 |
| Annual Per SF | $54.14 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $12,180 |
| Annual Per SF | $1.62 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $393,833 |
| Annual Per SF | $52.51 |
| Taxes (CAD) | |
|---|---|
| Annual | $52,871 |
| Annual Per SF | $7.05 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $56,616 |
| Annual Per SF | $7.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $109,487 |
| Annual Per SF | $14.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $284,346 |
| Annual Per SF | $37.91 |
Property Facts
| Price | $4,099,783 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $819,957 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 6.70% | Building Size | 7,500 SF |
| Sale Condition | 1031 Exchange | No. Stories | 4 |
| Gross Rent Multiplier | 12.19 | Year Built | 2021 |
| No. Units | 5 | Parking Ratio | 1.33/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 - OPPORTUNITY ZONE | ||
| Price | $4,099,783 CAD |
| Price Per Unit | $819,957 CAD |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 12.19 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 7,500 SF |
| No. Stories | 4 |
| Year Built | 2021 |
| Parking Ratio | 1.33/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - OPPORTUNITY ZONE |
Amenities
Unit Amenities
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Security System
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Ice Maker
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Breakfast Nook
- Den
- Double Pane Windows
- Freezer
- Island Kitchen
- Lawn
- Linen Closet
Site Amenities
- Controlled Access
- Fenced Lot
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 5 | - | 1,890 |
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 5538-005-010 | Total Assessment | $5,243,273 CAD |
| Land Assessment | $3,145,964 CAD | Annual Taxes | $52,871 CAD ($7.05 CAD/SF) |
| Improvements Assessment | $2,097,309 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5538-005-010
Land Assessment
$3,145,964 CAD
Improvements Assessment
$2,097,309 CAD
Total Assessment
$5,243,273 CAD
Annual Taxes
$52,871 CAD ($7.05 CAD/SF)
Tax Year
2025
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Moses Commercial, Inc
739 N Mariposa Ave
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