514 S Mariposa Avenue, Los Angeles, CA, 90020

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$3,700,000
123 Days On Site

514 S Mariposa Avenue
Los Angeles, CA 90020

For Sale|Residential Income|Active
17
Beds
19
Total Baths
12,294
SqFt
$301
/SqFt
1960
Built
County:
Los Angeles
Listed by Mark Ventre of Lyon Stahl Investment Real Estate, Inc. mark.ventre@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
514 S Mariposa Avenue514 S Mariposa Avenue514 S Mariposa Avenue514 S Mariposa Avenue
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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.

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Listing Snapshot
Price 
$3,700,000
Days On Site 
123 Days
Bedrooms 
17
Inside Area (SqFt) 
12,294 sqft
Total Baths 
19
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2584 Acres
Year Built 
1960
MLS® Number 
26844845
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.2584
Levels 
Two
Number Of Stories 
2
Parking 
CoveredGated
Parking Spaces 
17
Property Condition 
Updated/Remodeled
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
12294
Zoning 
LAR4
Interior Features
Appliances 
DishwasherDisposalMicrowaveRangeRefrigeratorRange Hood
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
Laundry Features 
Common Area
Window Features 
Double Pane Windows
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Exterior Features
Pool Features 
None
Spa Features 
None
Windows/Doors 
Double Pane Windows
Community Features
Community Features 
Gated
MLS Area 
C17 - Mid-Wilshire
Building Access 
Ground Level w/steps


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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