$3,700,000

514 S Mariposa Avenue, Los Angeles, CA 90020

12,294 sqft

other
Built in 1960
0.26acre lot
—— car garage
$301/sqft
Listed 26 days ago

Property Description

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.

Listing Status:: Active
Date Added:: June 8, 2026
Data Last Updated:: July 4, 2026 at 11:07PM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Mark Ventre : 323-202-9741
MLS ID:: CL26844845

Laundry: Common Area
A/C: Wall/Window Unit(s)
Heating: Wall Furnace

Parking: CoveredOther

County: Los Angeles

Zoning: LAR45502019006

This listing courtesy of Mark Ventre , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment

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

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