Los Angeles, CA
$3,700,000
514 S Mariposa Avenue, Los Angeles, CA
17
Beds
19
Baths
12,294
Sq Ft
1960
Built
8
Days listed
About this home
Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.
Facts & features
Interior
- Bedrooms
- 17
- Bathrooms
- 0 full, 0 half
- Living area
- 12,294 sq ft
- Interior features
- Ceiling Fans
- Appliances
- Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Laundry
- Common Area
- Levels
- Two
- Spa
- None
Exterior & lot
- Lot size
- 0.258 acres (11,254 sq ft)
- Pool
- None
- Year built
- 1960
- Parking
- Covered, Gated
- Parking spaces
- 17
Community
- Area
- C 17 - Mid-Wilshire
- County
- Los Angeles
- Community features
- Gated
Listing details
- Status
- Active
- Property type
- Residential Income
- Days on market
- 8
- Listed
- 2026-06-08
- Parcel #
- 5502019006
- MLS #
- 26844845
Listed by
Mark Ventre · Lyon Stahl Investment Real Estate, Inc.
