$2,400,000

1250 N Mariposa Avenue, Los Angeles, CA 90029

6,157 sqft

other
Built in 1930
6,499sqft lot
—— car garage
$390/sqft
Listed 3 months ago

Property Description

This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.

Listing Status:: Active
Date Added:: May 22, 2026
Data Last Updated:: August 25, 2026 at 12:19AM
Listing Office:: Ally Commercial Real Estate : 424-317-0308
Listing Agent:: Rickird Rey Ramirez : 818-941-2990
MLS ID:: DW26111998

Appliances: Gas OvenGas Water Heater
Laundry: Common AreaInside
Flooring: Wood
A/C: Wall/Window Unit(s)
Heating: Floor FurnaceWall Furnace

General: Lighting
Style: Spanish
Pool: None
Parking: Parking spaces: 0

Roofing: Shingle
General: 2Raised

Road/Access: City Street
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LAR35540004003
Fencing: PrivacySecurity

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Rickird Rey Ramirez , Ally Commercial Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.