About 514 S Mariposa Avenue
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.
Features of 514 S Mariposa Avenue
| MLS® # | 26844845 |
|---|---|
| Price | $3,700,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Square Footage | 12,294 |
| Acres | 0.26 |
| Year Built | 1960 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 514 S Mariposa Avenue |
|---|---|
| Area | C17 - Mid-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90020 |
Amenities
| Parking Spaces | 17 |
|---|---|
| Parking | Covered, Gated |
| Garages | Covered, Gated |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood |
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Windows | Double Pane Windows |
|---|
Additional Information
| Date Listed | June 8th, 2026 |
|---|---|
| Days on Market | 94 |
| Zoning | LAR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mark Ventre |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |