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1142 S Mariposa Avenue

Los Angeles, CA 90006

– beds
– baths
– sqft
5,906 sqft lot
2016 build
– on site

Located in the vibrant and sought-after Koreatown neighborhood, this beautifully designed 4-unit residential income property is an exceptional investment opportunity. With a current cap rate of 4.75% and a projected cap rate of 5.1%, this property offers comfort, convenience, and strong potential returns for investors. *Fully Tenant-Occupied* All 4 units are currently leased, providing immediate rental income. Automatic Gated Entrance offers enhanced security and privacy for tenants. Each unit includes a refrigerator, washer and dryer, microwave, dishwasher, and oven range perfect for attracting quality tenants. Enjoy proximity to an array of trendy shops, restaurants, and entertainment options, making it a highly desirable location for renters. This is your chance to own and live in a revenue-generating property in one of Los Angeles' most vibrant neighborhoods. Whether you're looking for a strong investment or a home with rental income potential, this property is not to be missed!

Listed By CRMLS_CA / Rira Joo / Coldwell Banker Exclusive

Last checked: Checking… • Last updated Mar 19, 2025 •

MLS# 25512643 —

This property is listed in more than one place. See it here.

The Building

Year Built:

2016
New Construction:

No
Building Area Total:

4168.00
Total Number Of Units:

4
# of Buildings:

2
Stories Total:

2

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Flooring:

Wood, Laminate
Laundry:

Washer Included, Dryer Included, Stackable
Laundry:

1

Location

Directions:

South of Olympic, East of Normandie
Latitude:

34.04959400
Longitude:

-118.29861600

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

5906.0000
Lot Size Dimensions:

46x128
Lot Size Acres:

0.1356
Lot Size SqFt:

5906.00
Security Features:

Gated Community

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5078021018

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Microwave, Refrigerator
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Private
Parking Spaces:

9.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Listed / Active	CRMLS_CA	$2,400,000	416.1% (41.4% / YR)
9/27/20 Sep 27, 2020	Sold	BRIDGE
3/3/15 Mar 3, 2015		CRMLS_CA	$465,000

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This multifamily located in Central LA, Los Angeles, CA 90006 is currently for sale for $2,400,000. 1142 S Mariposa Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1142 S Mariposa Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 92, making it a walker’s paradise. This multifamily is in the attendance area of West Adams Preparatory High School, Berendo Middle School, and Los Angeles Elementary School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Exclusive. Based on information from California Regional Multiple Listing Service, Inc. as of 16:27 on Mar 19.

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.