400 S Mariposa Avenue, Los Angeles, CA 90020

Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
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400 S Mariposa Avenue,Los Angeles, CA 90020
$5,300,000
  • 16 Beds
  • 25 Baths
  • 16,736 sq. ft.
  • Multi-family
  • Active
Listed by:mark ventre
Office:lyon stahl investment real estate, inc.
MLS#:25569271
Source:CRMLS

Price summary

  • Price:$5,300,000
  • Price per sq. ft.:$316.68

About this home

Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

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Home facts

  • Year built:1956
  • Listing Id #:25569271
  • Added:33 day(s) ago
  • Updated:August 26, 2025 at 10:29 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:25
  • Living area:16,736 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1956
  • Building area:16,736 sq. ft.
  • Lot area:0.35 Acres

Finances and disclosures

  • Price:$5,300,000
  • Price per sq. ft.:$316.68
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