1250 N Mariposa AvenueLos Angeles, CA 90029

Multi-Family · 6,157 Sq. ft. | 0.15 Acres
$2,400,000 Active

1250 N Mariposa Avenue Overview

Time on Site:
38 days
Visits:
0

This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1250 N Mariposa Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 6,157
  • Price/Sq.ft. $390
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gardener Expense: 1200.0
  • Gross Income: 208104.0
  • Gross Scheduled Income: 227652.0
  • Insurance Expense: 307876.0
  • Maintenance Expense: 3500.0
  • Net Operating Income: 150892.0
  • New Taxes Expense: 38723.0
  • Operating Expense: 70830.0
  • Trash Expense: 3000.0
  • Water Sewer Expense: 14973.0

Building Information

  • New Construction: No
  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C20 - Hollywood
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Hiking,Storm Drain(s),Street Lights,Sidewalks,Urban

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange
  • Parcel Number: 5540004003
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 6157.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Oven,Gas Water Heater
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Stairs off sidewalk
  • Flooring: Wood
  • Foundation Details: Raised
  • Laundry Features: Common Area,Inside
  • Levels: Two
  • Security Features: Smoke Detector(s),Window Bars
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels: No
  • Lot Features: 6-10 Units/Acre,Rectangular Lot
  • Lot Size Acres: 0.1492
  • Lot Size Area: 6500.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6500.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 0
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Spanish
  • Direction Faces: West
  • Property Attached: Yes
  • Roof: Shingle

General Information

  • Exterior Features: Lighting
  • Fencing: Privacy,Security
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer

1250 N Mariposa Avenue Neighborhood

Community

90029 (Los Angeles) Demographics

36
Median Age
26,529
Population Density (per sq. mile)
39%
College Educated
$45,004
Estimated Median Income
1,442
Estimated Total Home Owners
12,185
Estimated Total Renters
11% / 89%
Estimated Owner / Renter Divide
3
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.

1250 N Mariposa Avenue Monthly Cost

$
$ %
%
$
$
* 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.

1250 N Mariposa Avenue Market Data

Based on the last 30 days in this zip code

$1,304,168
Average List Price
$759
Average Price per Square Foot
9
Properties Sold
81
Average Days on Market
95
Properties for Sale
Calculations provided by Reliance Network

1250 N Mariposa Avenue History

Date Event Value Agent
5/22/2026Source: CRMLS Added to Database
May 22, 2026
Listing provided courtesy of Ally Commercial Real EstateRickird Rey Ramirez- MLS# DW26111998MLS ProviderContact Information: [email protected] - 424-317-0308
Cookie Button: