514 S Mariposa Avenue
Los Angeles, CA 90020
17
Bed
0
Bath
12,294Sqft
11,254Sqft(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 17Bathroom Information
Total Baths: 19 Full Baths: 0 Half Baths: 0 -
Interior Features
Interior Features: Ceiling Fan(s) Windows: Double Pane Windows Property Appliances: Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1960 Building Area Total: 12,294 -
Security Features
Gated Community -
Pool Features
NoneLaundry Features
Common Area
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2584 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 11254
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Listing Price Information
Original List Price: 3,700,000 Listing Contract Date: 2026-06-08 -
Lease Information
Listing Agreement: Seller Reserved
-
Tax Information
Parcel Number: 5502019006
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Garage and Parking
Garage Description: Covered,GatedHomeowners 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 Source Neighborhood: C17 - Mid-Wilshire Directions: One block south of 6th St and one block east of Normandie Ave. Zoning: LAR4 Source Property Type: Residential Income Area: C17 - Mid-Wilshire -
Building and Construction
Property Age: 66 Property Condition: Updated/Remodeled Year Built Source: Vendor Enhanced Total Square Feet Living: 12294 Entry Location: Ground Level w/steps 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 |
| 400 S Mariposa Avenue, Los Angeles, CA, 90020 | $4,795,000 | 16 | -- | 16,736 | 16,736 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 06/19/2026 @ 23:05
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