101 S. Mariposa Ave, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
101 S. Mariposa Ave,Los Angeles, CA 90004
$1,890,000
- 0.11 Acres
- Lots / Land
- Active
Listed by:wei chang
Office:ameriway realty
MLS#:CRCV25175491
Source:CA_BRIDGEMLS
Price summary
- Price:$1,890,000
About this home
Located in the vibrant Koreatown community of Los Angeles, 101 S. Mariposa Avenue offers a rare development opportunity with RTI (Ready-To-Issue) permits in place. The existing property features a charming single-story bungalow with four bedrooms, two bathrooms, a welcoming front deck, and ample driveway parking. The approved plans allow for the construction of a brand-new, four-story contemporary co-living development. The new project will feature 27 private studio suites, each thoughtfully designed to meet the needs of modern urban living. The building will encompass approximately 8,656 square feet on a 4,796.5 square foot lot, designed with contemporary finishes, energy-efficient features, a full sprinkler system, and compliance with the latest seismic and building codes. Situated just minutes from USC, UCLA, LACC, and LMU, the property benefits from a strong demand for rental housing, making it ideal for student housing or co-living operations. Average monthly rents for studios in Koreatown range from $1,350 to $1,500, supported by a high occupancy rate of 92%. The estimated annual rental income is approximately $437,400 or higher, with projected investor returns between 9.5% and 11.4%. Rental rates are forecasted to increase by approximately 5% annually from 2026 through 203
Contact an agent
Home facts
- Listing Id #:CRCV25175491
- Added:16 day(s) ago
- Updated:August 23, 2025 at 02:26 PM
Rooms and interior
- Living area:4,796 sq. ft.
Structure and exterior
- Building area:4,796 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,890,000
New listings near 101 S. Mariposa Ave
- New
$1,200,000Active-- beds -- baths1,652 sq. ft.8430 Barnsley Avenue, Los Angeles, CA 90045
MLS# CRSB25190667Listed by: GUY HOCKER REALTORS
- New
$900,000Active4 beds 3 baths2,010 sq. ft.9428 Noble Avenue, North Hills (los Angeles), CA 91343
MLS# CRSR25189223Listed by: MISSION REAL ESTATE - New
$655,520Active3 beds 3 baths2,021 sq. ft.33314 Celadon Avenue, Los Angeles, CA 92695
MLS# CRIG25190213Listed by: TAYLOR MORRISON SERVICES - New
$865,000Active4 beds 3 baths2,002 sq. ft.2715 Blanchard Street, Los Angeles, CA 90033
MLS# CRSR25189694Listed by: LANDON REALTY GROUP - New
$949,000Active4 beds 3 baths1,674 sq. ft.17216 Lorne Street, Los Angeles, CA 91406
MLS# CRWS25189130Listed by: WEDGEWOOD HOMES REALTY - New
$725,000Active-- beds -- baths1,806 sq. ft.10314 S Wilton Place, Los Angeles, CA 90047
MLS# PW25134241Listed by: REAL BROKER - New
$1,195,000Active3 beds 4 baths1,816 sq. ft.10861 Hartsook Street, North Hollywood, CA 91601
MLS# SR25185490Listed by: EQUITY UNION - New
$999,888Active3 beds 1 baths876 sq. ft.4847 Marmion Way, Los Angeles, CA 90042
MLS# CV25186058Listed by: GOOD LIFE REALTORS - New
$1,195,000Active3 beds 4 baths1,816 sq. ft.10861 Hartsook Street, North Hollywood, CA 91601
MLS# SR25185490Listed by: EQUITY UNION - Open Sat, 1 to 3pmNew
$949,000Active4 beds 3 baths1,674 sq. ft.17216 Lorne Street, Lake Balboa, CA 91406
MLS# WS25189130Listed by: WEDGEWOOD HOMES REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each Office is Independently Owned and Operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.