400 S Mariposa Avenue
Los Angeles, CA 90020
16
Bed
0
Bath
16,736Sqft
15,075Sqft(Lot)
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 parki
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 16Bathroom Information
Total Baths: 25 Full Baths: 0 Half Baths: 0 -
Interior Features
Interior Features: Ceiling Fan(s) Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1956 Building Area Total: 16,736 -
Security Features
Gated Community
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3461 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 15075
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Listing Price Information
Original List Price: 4,795,000 Listing Contract Date: 2026-02-20 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5502014008
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Garage and Parking
Garage Description: Covered,Gated,Shared Driveway,Side By SideHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Under Contract Source Neighborhood: C17 - Mid-Wilshire Directions: Two blocks north of 6th St and one block east of Normandie. Zoning: LAR4 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 70 Common Walls: 1 Common Wall Property Condition: Updated/Remodeled Year Built Source: Vendor Enhanced Total Square Feet Living: 16736 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 311 S New Hampshire Ave.., Los Angeles, CA, 90020 | $3,925,000 | 24 | -- | 11,792 | 11,792 SqFt |
| 426 S Catalina Street, Los Angeles, CA, 90020 | $1,899,000 | 8 | -- | 5,506 | 5,506 SqFt |
| 520 S Kenmore Avenue, Los Angeles, CA, 90020 | $5,900,000 | 15 | -- | 18,783 | 18,783 SqFt |
| 514 S Mariposa Avenue, Los Angeles, CA, 90020 | $3,700,000 | 17 | -- | 12,294 | 12,294 SqFt |
| 541 S Normandie Avenue, Los Angeles, CA, 90020 | $1,950,000 | 8 | -- | 7,481 | 7,481 SqFt |
| 525 S Ardmore #338, Los Angeles, CA, 90020 | $308,800 | -- | 1 | 381 | 381 SqFt |
| 453 S Gramercy Place, Los Angeles, CA, 90020 | $3,800,000 | 8 | -- | 8,594 | 8,594 SqFt |
| 523 S Wilton Place, Los Angeles, CA, 90020 | $1,390,000 | 7 | -- | 3,504 | 3,504 SqFt |
| 320 Westminster Avenue, Los Angeles, CA, 90020 | $2,350,000 | 9 | -- | 4,608 | 4,608 SqFt |
| 333 S Arden Boulevard, Los Angeles, CA, 90020 | $6,100,000 | 5 | 4 | 3,878 | 3,878 SqFt |
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ByOwner last updated this listing 06/21/2026 @ 08:13
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