1107 Mariposa Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1107 Mariposa Avenue,Los Angeles, CA 90006
$1,650,000
- 8 Beds
- 5 Baths
- 2,588 sq. ft.
- Single family
- Active
Listed by: sang ur
Office: redfin corporation
MLS#:PF26141844
Source:MLSListings
Price summary
- Price:$1,650,000
- Price per sq. ft.:$637.56
About this home
Prime Koreatown Covered Land Play, House-Hack, & High-Density Development Opportunity! This versatile setup is perfect for an owner-user looking to occupy the entire property, or "house-hack" by living in one unit while offsetting the mortgage with substantial supplemental income from the others. It is equally lucrative for traditional investors and developers alike. Situated on a prime ±5,901 sq. ft. flat lot in the high-demand rental core of Los Angeles (90006), 1107 S Mariposa Ave represents the ultimate multi-tier investment asset. Operating with an SFR footprint but uniquely optimized for maximum revenue, the property features a turnkey, high-yield co-living configuration in the front building paired with a detached back unit. Crucially, 100% of the current tenants are on Month-to-Month leases at rates significantly below market standards, delivering an incoming buyer unparalleled operational flexibility. This ensures an immediate path to aggressive market-rate stabilization for a value-add buyer, or a frictionless timeline for a developer looking to clear the site. While generating resilient holding income, buyers can leverage the property's premium R3-1 zoning and Transit Oriented Communities (TOC) eligibility. This high-density transit corridor designation unlocks massive...
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Home facts
- Year built:1904
- Listing ID #:PF26141844
- Added:1 day(s) ago
- Updated:July 01, 2026 at 12:47 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,588 sq. ft.
Structure and exterior
- Year built:1904
- Building area:2,588 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public, Gas Water Heater
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$637.56
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