616 N Mariposa Ave Avenue, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
616 N Mariposa Ave Avenue,Los Angeles, CA 90004
$3,065,000
- 12 Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: drew dunn
Office: four brothers real estate, inc.
MLS#:OC26164658
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,065,000
About this home
Fully leased with actual rents! Located in an Opportunity Zone, 616 N. Mariposa Ave is a brand-new, architecturally striking fourplex that combines luxury design with exceptional long-term investment potential in one of Los Angeles' strongest rental markets. Each thoughtfully designed residence offers 3 spacious bedrooms and 3.5 bathrooms with en-suite baths, custom closet systems, expansive open-concept living areas, and premium designer finishes throughout. Chef's kitchens feature custom white oak cabinetry, under-cabinet lighting, waterfall marble islands with full miter edges, premium stainless steel appliances, and abundant storage. Every unit includes a refrigerator, dishwasher, range, washer and dryer, paid-off solar, EV-ready infrastructure, separate utility metering, smart home technology, Ring security, Nest thermostats, and integrated network wiring. Floor-to-ceiling aluminum windows, multiple private balconies, and exclusive rear yards create an elevated residential experience rarely found in new construction. Unlike many newer developments that sacrifice living space to maximize bedroom count, these homes offer oversized, functional floor plans designed for today's renters. Beyond its exceptional in-place income, the property offers one of the most compelling value-add opportunities available in the market. The existing garage configuration presents the potential to convert both garages into ADUs while maintaining ample on-site parking, increasing the property from 4 to 6 units and expanding the rentable living area to approximately 6,737 square feet. Based on...
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Home facts
- Listing ID #:OC26164658
- Added:94 day(s) ago
- Updated:October 31, 2026 at 07:05 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:16
Heating and cooling
- Cooling:Central Forced Air
Structure and exterior
- Levels:3 Story
Finances and disclosures
- Price:$3,065,000
Features and amenities
- Smart home:Yes
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