514 S Mariposa Avenue, Los Angeles, CA, 90020

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$4,550,000
29 Days On Site

514 S Mariposa Avenue
Los Angeles, CA 90020

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
12,294
SqFt
$370
/SqFt
1960
Built
County:
Los Angeles
Listed by Mark Ventre of Lyon Stahl Investment Real Estate, Inc. [email protected]
514 S Mariposa Avenue514 S Mariposa Avenue514 S Mariposa Avenue514 S Mariposa Avenue
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Monthly Payment (Est.)

$20,759
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Originally built in 1960, Mariposa514 offers the curb appeal and efficient layouts of a classic mid-century asset paired with modern systems and interior finishes. The unit mix includes 17 large one-bedrooms and 2 studios, totaling approximately 12,294 square feet on an 11,250 square foot LAR4-zoned lot. Renovated interiors feature quartz countertops, stainless steel appliances, split-system A/C, custom tile, and updated baths with deep soaking tubs. All units are separately metered for gas and electricity. The property includes shared laundry, ample natural light, and solid in-place tenancy. With no seismic retrofit obligation and a thoughtful renovation already executed, Mariposa514 is turnkey where it counts and still offers room to grow. The building has already undergone a substantial renovation program, with 12 of the 19 units upgraded to a luxury spec and achieving market-making rents that rival new construction, but at a meaningfully lower basis.

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Listing Snapshot
Price 
$4,550,000
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,294 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2584 Acres
Year Built 
1960
MLS® Number 
25536561
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.2584
Additional Property Use 
Multi-Family
Number Of Stories 
2
Parking Spaces 
16
Security 
Security Gate
Special Circumstances 
Standard
SqFt Total 
12294
Zoning 
LAR4
Interior Features
Heating 
Wall Furnace
Laundry Features 
Common Area
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Exterior Features
Construction Details 
Stucco
Community Features
MLS Area 
C17 - Mid-Wilshire


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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