400 S Mariposa Ave, Los Angeles, CA 90020
400 S Mariposa Ave, Los Angeles, CA 90020
400 S Mariposa Ave, Los Angeles, CA 90020
50
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$4,795,000
Est. payment /mo
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16 Beds
25 Baths
16,736 SqFt
Price Dropped by $200K

400 S Mariposa Ave Los Angeles, CA 90020

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David Jones

David Jones

+1(702) 883-8801

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,736 sqft

Price per Sqft $286

MLS Listing ID 26654767

Style Mid-Century

Bedrooms 16

Construction Status Updated/Remodeled

Year Built 1956

Lot Size 0.346 Acres

Acres 0.3461

Property Sub-Type Multi-Family

Property Description

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 parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window, Ceiling Fan

Equipment Garbage Disposal, Range/Oven, Refrigerator, Microwave, Dishwasher, Ceiling Fan

Exterior

Parking Features Gated, Shared Driveway, Side By Side, Covered Parking

Garage Spaces 24.0

Waterfront Description None

View Y/N No

View None

Building

Architectural Style Mid-Century

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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David Jones
David Jones

Agent | RE. S.0072438

+1(702) 883-8801 | davidsellslasvegas@gmail.com

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400 S Mariposa Ave