FOR SALE
514 S Mariposa Avenue
Los Angeles, CA 90020
17 Beds
19 Baths
12,294 Sq Ft
Built 1960
$3,700,000
Property Overview
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
Home Details
- Property type
- Residential Income
- Year built
- 1960
- Living area
- 12,294 sq ft
- Lot size
- 11,254 sq ft
- Parking
- 17 spaces
- Stories
- 2
- Days on market
- 92
- MLS status
- Active
- Zoning
- LAR4
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Dishwasher
- Disposal
- Microwave
- Range
- Refrigerator
- Range Hood
Parking
- Covered
- Gated
Pool
- None
Security
- Gated Community
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- WallWindowUnits
Location & Neighborhood
Frequently Asked Questions About 514 S Mariposa Avenue
Property type: Residential Income
The current asking price is $3,700,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 514 S Mariposa Avenue. Our team will confirm availability and timing.
This 17 bedrooms and 19 bathrooms property offers approximately 12,294 square feet of living space. It was built in 1960. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 92 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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