John E Burge

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Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.- MLS# 26844845MLS Provider

514 S Mariposa AveLos Angeles, CA 90020

Multi-Family · 17 Beds · 12,294 Sq. ft. | 0.26 Acres
$3,700,000 Active

514 S Mariposa Ave Overview

Time on Site:
21 days
Visits:
0

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.

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514 S Mariposa Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 12,294
  • Price/Sq.ft. $301
  • Lot 0.26 Acres

Details

General

Income/Expenses

  • Gross Income: 405105
  • Net Operating Income: 222790.00

Building Information

  • Year Built: 1960

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid-Wilshire

Rent/Lease Information

  • Tenant Pays: Electricity, Gas

Tax Information

  • Tax Assessed Value: 4462072

General Information

  • Disclosures: None
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Zoning: LAR4

Interior

Beds/Baths

  • Bathrooms Total: 19.00
  • Bedrooms Total: 17

General Information

  • Cooling: Ceiling Fan, Wall/Window
  • Entry Location: Ground Level w/steps
  • Flooring: Vinyl Plank
  • Heating: Wall
  • Levels: Two
  • Living Area: 12294
  • Living Area Source: Vendor Enhanced
  • Security Features: Gated
  • Spa Features: None
  • Spa: False
  • Stories: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Total: 17

Lot Information

  • Lot Size Acres: 0.2584
  • Lot Size Area: 11254
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1
  • Water Source: Mutual Water Source

General Information

  • Number Of Units Total: 19
  • Other Structures: None
  • Pool Features: None
  • Pool Private: False

514 S Mariposa Ave Neighborhood

Community

90020 (Los Angeles) Demographics

36
Median Age
34,828
Population Density (per sq. mile)
50%
College Educated
$50,207
Estimated Median Income
1,599
Estimated Total Home Owners
15,465
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

514 S Mariposa Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

514 S Mariposa Ave Market Data

Based on the last 30 days in this zip code

$1,752,810
Average List Price
$955
Average Price per Square Foot
6
Properties Sold
78
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

514 S Mariposa Ave History

Date Event Value Agent
6/8/2026Source: CRMLS Added to Database
June 08, 2026
6/8/2026Source: TheMLS (CLAW) Added to Database
June 08, 2026
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