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$3,700,000
123 Days On Site
514 S Mariposa AvenueLos 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
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951-203-4426



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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 ago | Listing updated with changes from the MLS® | |
| 4 months ago | Listing 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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