910 S Mariposa Avenue, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
910 S Mariposa Avenue,Los Angeles, CA 90006
$1,995,000
- 5 Beds
- 16 Baths
- 8,272 sq. ft.
- Multi-family
- Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap
MLS#:25606069
Source:CRMLS
Price summary
- Price:$1,995,000
- Price per sq. ft.:$241.18
About this home
Listed at a 7.09% CAP Rate and 7.61 GRM based on in-place income, the property offers investors strong immediate cash flow with the added opportunity to recapture approximately 36% in rent upside. The property's electrical system has been upgraded, with a new main panel and new subpanels, saving a new owner from maintenance, insurance, and inefficient utility costs. Attractively priced when compared to similar recent sales, the building is being offered for $124,688 per unit while similar assets have been selling for an average of $151,782 per unit in 2025. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owner can save significant funds from otherwise costly seismic repairs (Buyer to verify). Situated just south of 8th Street, the property offers tenants proximity to the abundant dining and shopping options throughout Koreatown, in addition to job centers in Downtown Los Angeles and the nearby University of Southern California. Residents also enjoy convenient access to the 110, 10, and 101 Freeways, while the Metro B Line and D Line subways, along with several Metro bus stops, are all within blocks of the property. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.
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Home facts
- Year built:1925
- Listing ID #:25606069
- Added:47 day(s) ago
- Updated:December 02, 2025 at 02:46 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:16
- Living area:8,272 sq. ft.
Structure and exterior
- Year built:1925
- Building area:8,272 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$1,995,000
- Price per sq. ft.:$241.18
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