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514 S Mariposa Avenue

Los Angeles, CA 90020
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Bed 17

Bed

Bath 0

Bath

SqFt12,294

Sqft

SqFt11,254

Sqft(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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,700,000

AD Id : 81481879

MLS Id : 26844845

Beds : 17

Lot Size : 11,254 Sqft

Living Area Size : 12,294

Year Built : 1960

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 17

    Bathroom Information

    Total Baths: 19
  • Interior Features

    Ceiling Fan(s)
    Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood
    Laundry Features: Common Area
    Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1960
    Building Area Total: 12294
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 11254 Lot Size Acres: 0.2584 Lot Size Square Feet: 11,254

  • Listing Price Information

    Listing Price: $3700000

  • Tax Information

    Parcel Number: 5502019006

  • Location Information

    Direction: One block south of 6th St and one block east of Normandie Ave. Security Features: Gated Community
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
428 S Hoover. St., Los Angeles, CA, 90020 $1,599,999 4 2 1,913 1,913 SqFt
3333 W 4th Street, Los Angeles, CA, 90020 $9,200,000 42 -- 62,532 62,532 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 $4,900,000 15 24 18,783 18,783 SqFt
541 S Normandie Avenue, Los Angeles, CA, 90020 $1,950,000 8 12 7,481 7,481 SqFt
525 S Ardmore #338, Los Angeles, CA, 90020 $308,800 -- 1 381 381 SqFt
512 S Hobart Boulevard, Los Angeles, CA, 90020 $7,500,000 13 -- 40,148 40,148 SqFt
453 S Gramercy Place, Los Angeles, CA, 90020 $3,800,000 8 -- 8,594 8,594 SqFt
508 S Wilton Place, Los Angeles, CA, 90020 $1,360,000 4 2 2,511 2,511 SqFt
523 S Wilton Place, Los Angeles, CA, 90020 $1,390,000 7 7 3,504 3,504 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 00:45

MLS: 26844845 LISTED BY: Mark Ventre, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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