CA > Los Angeles
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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0.26 Acres Lot
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514 S Mariposa AVE Los Angeles, CA 90020

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Serri Rowell

Serri Rowell

+1(760) 579-2666

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25536561

HOA Y/N No

Year Built 1960

Tax Year 2025

Lot Size 0.258 Acres

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 C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Total Parking Spaces 16

Building

Story 2

Others

Tax ID 5502019006

Security Features Security Gate

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mark Ventre • Lyon Stahl Investment Real Estate, Inc.

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agent

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

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514 S Mariposa AVE

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