400 S Mariposa Avenue, Los Angeles, CA 90020

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
400 S Mariposa Avenue,Los Angeles, CA 90020
$4,995,000
  • 16 Beds
  • 25 Baths
  • 16,736 sq. ft.
  • Multi-family
  • Active
Listed by: mark ventre
Office: lyon stahl investment real estate, inc.
MLS#:26654767
Source:CRMLS

Price summary

  • Price:$4,995,000
  • Price per sq. ft.:$298.46

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 #:26654767
  • Added:1 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

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

Finances and disclosures

  • Price:$4,995,000
  • Price per sq. ft.:$298.46
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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