- 1 Bed
- 2 Baths
- 16,736 Sqft
- .35 Acres
400 Mariposa Avenue
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.
Essential Information
- MLS® #25569271
- Price$5,300,000
- Bedrooms1
- Bathrooms2.00
- Square Footage16,736
- Acres0.35
- Year Built1956
- TypeResidential Income
- StyleMid-Century Modern
- StatusActive
Community Information
- Address400 Mariposa Avenue
- AreaC17 - Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
Amenities
- Parking Spaces24
- ViewNone
Parking
Covered, Gated, Side By Side, Shared Driveway
Garages
Covered, Gated, Side By Side, Shared Driveway
Interior
- Interior FeaturesCeiling Fan(s)
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- StoriesTwo
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Additional Information
- Date ListedJuly 23rd, 2025
- Days on Market72
- ZoningLAR4
Listing Details
- AgentMark Ventre
Office
Lyon Stahl Investment Real Estate, Inc.
Mark Ventre, Lyon Stahl Investment Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of October 3rd, 2025 at 2:50pm PDT. 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. 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, 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.