520 S Mariposa Ave | Los Angeles CA 90020

The Longine Apartments—a 48-unit complex built 1928 with 28,472 SF on an 8,999 SF lot. Unit mix: 42 studios and six one-bedroom units; nine units were delivered vacant. Located in a Qualified Opportunity Zone and master-metered, offering 6.82 % cap rate on market rents. Marketed near $9.5 M (~$198 K/unit).