Los Angeles, CA 90020,514 S Mariposa Ave
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Los Angeles, CA 90020,514 S Mariposa Ave
Los Angeles, CA 90020,514 S Mariposa Ave
Los Angeles, CA 90020,514 S Mariposa Ave
Los Angeles, CA 90020,514 S Mariposa Ave
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$ 4,550,000
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514 S Mariposa Ave Los Angeles, CA 90020

17 Beds

19 Baths

12,294 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,294 sqft

Price per Sqft $370

MLS Listing ID 25536561

Bedrooms 17

Year Built 1960

Tax Year 2025

Lot Size 0.258 Acres

Acres 0.2584

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Interior

Heating Wall

Laundry Community

Exterior

Garage Spaces 16.0

Roof Type Composition Shingle

Building

Story 2

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.
agent

Donny Piwowarski

Broker | License ID: 01444374

+1(209) 740-1004

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514 S Mariposa Ave