1214 S Mariposa Avenue
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 5,906 sqft lot
- 1917 build
- – on site
1214 South Mariposa Avenue is a charming seven-unit property offering 3,360 rentable square feet on a 5,904-square-foot LAR3-zoned lot. The property features seven one-bedroom, one-bathroom units, with four units fully remodeled and currently vacant. Each unit is detached, averaging approximately 480 square feet, and individually metered for gas and electricity, with separate water heaters for added convenience. Three of the seven units are scheduled to be vacant, presenting a unique opportunity for a new owner to customize occupancy. Located in the rapidly growing Koreatown neighborhood, this property benefits from proximity to Pico Boulevard and Normandie Avenue on a street experiencing significant improvements. Residents enjoy easy access to Koreatown's vibrant dining, shopping, entertainment, and employment opportunities, as well as nearby hotspots in Hollywood and Downtown Los Angeles. Boasting a "Walker's Paradise" Walk Score of 92, the location allows most daily errands to be completed on foot. Nearby attractions include Monty's Good Burger, Park's BBQ, California Marketplace, and an array of local eateries and bars. With ongoing development and revitalization in the area, 1214 South Mariposa Avenue offers significant value-add potential. A new owner can reposition the vacant units, select tenants, and further enhance the property’s appeal. This property, located within the City of Los Angeles, is subject to rent control regulations, making it a compelling acquisition for investors seeking a combination of stable income and growth potential.
Last checked:
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Last updated Dec 20, 2024
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MLS# PW24251716 —
The Building
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Year Built:1917
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3360.00
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Building Area Units:Square Feet
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Total Number Of Units:7
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# of Buildings:3
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:7
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# of Separate Electric Meters:7
Interior
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Levels:One
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Entry Location:1
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Laundry:Dryer Included, Gas Dryer Hookup, In Closet
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Laundry:1
Location
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Directions:North of Pico Boulevard and east of Normandie Avenue.., between Olympic Blvd. & Pico Blvd.
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Latitude:34.04854500
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Longitude:-118.29861400
The Property
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Property Type:Residential Income
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Subtype:Condominium
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Zoning:LAR3
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Lot Features:No Landscaping
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Lot Size Area:5906.0000
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Lot Size Acres:0.1356
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Lot Size SqFt:5906.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:46
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Tax Census Tract:2133.10
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Tax Tract:46
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Tax Lot:22
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5078034024
Utilities
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Sewer:Public Sewer
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Green Energy Efficient:Appliances
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights
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Pool:None
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Senior Community:No
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Private Pool:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/19/24
Dec 19, 2024
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Listed / Active | CRMLS_CA | $1,800,000 | 50.0% (14.9% / YR) |
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6/23/22
Jun 23, 2022
|
Listed / Active | CRMLS_CA | ||
|
5/9/22
May 9, 2022
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Price Changed | CRMLS_CA |
