Active

1415 N Mariposa

Los Angeles, CA 90027
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Bed 6

Bed

Bath 6

Bath

SqFt3,816

Sqft

SqFt6,791

Sqft(Lot)

Prime Redevelopment Opportunity – High-Density SB 79 Site with Approved ADU in Hollywood Outstanding opportunity to acquire a 4-unit apartment property positioned for significant redevelopment upside in one of Hollywood’s most desirable and transit-oriented residential neighborhoods. The existing improvements include two 2-bedroom / 2-bath units and two 1-bedroom / 1-bath units, all featuring formal living rooms, formal dining rooms, oversized kitchens, and private balconies. The property is located within a high-density residential zone qualifying for enhanced development incentives under California SB 79, allowing substantial residential density increases beyond base zoning standards. When paired with SB 35 ministerial approval pathways and SB 330 development streamlining and veste d rights protections, this site offers a rare opportunity for by-right multifamily expansion with reduced entitlement risk and accelerated timelines. Approved plans for an additional 2-bedroom ADU are already in place, providing immediate near-term income upside while longer-term redevelopment options are explored. The zoning and statutory framework make this property ideal for unit count expansion, vertical addition, or full redevelopment, subject to buyer verification. Ideally situated walking distance to Los Feliz Village, acclaimed restaurants, boutique retail, and everyday amenities. The property is also minutes from Kaiser Permanente, Children’s Hospital Los Angeles, and Hollywood Presbyterian Medical Center, and conveniently close to major studios and employment centers throughout Hollywood and Los Angeles. A rare Hollywood redevelopment asset offering existing cash flow, approved ADU plans, and exceptional density bonus and streamlining advantages under SB 79, SB 35, and SB 330.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,750,000

AD Id : 79962999

MLS Id : SR26121368

Beds : 6

Lot Size : 6,791 Sqft

Living Area Size : 3,816

Year Built : 1921

Garage : 2

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Interior Features: Balcony Property Appliances: Gas Range,Water Heater,Dryer Flooring: Bamboo,Wood
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 1921 Building Area Total: 3,816
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1559
  • Lot Size Source: Assessor Lot Size Square Feet: 6791

  • Listing Price Information

    Original List Price: 1,750,000 Listing Contract Date: 2026-06-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5543026023

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C20 - Hollywood Directions: NORMANDIE STREET / SUNSET BLVD Source Property Type: Residential Income Area: C20 - Hollywood Property SubType: Quadruplex
  • Building and Construction

    Property Age: 105 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: STREET Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3362 Bellota, Los Angeles, CA, 90027 $2,100,000 5 5 2,728 2,728 SqFt
1321 Sanborn, Los Angeles, CA, 90027 $2,250,000 5 2 1,786 1,786 SqFt
1406 Manzanita, Los Angeles, CA, 90027 $1,595,000 6 5 2,663 2,663 SqFt
4629 Clarissa, Los Angeles, CA, 90027 $1,750,000 4 4 3,596 3,596 SqFt
1417 N Kenmore, Los Angeles, CA, 90027 $1,375,000 7 4 3,505 3,505 SqFt
3901 De Longpre Avenue, Los Angeles, CA, 90027 $1,150,000 4 4 2,574 2,574 SqFt

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ByOwner last updated this listing 06/17/2026 @ 16:47

MLS: SR26121368 LISTED BY: Levon Terzian, HiLine Inc. 818-290-7000 SOURCE: CRMLS

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