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For sale
  • Listed by: Ally Commercial Real Estate • Rickird Rey Ramirez • 818-941-2990
    $2,400,000

    1250 N Mariposa Ave, Los Angeles, CA 90029

    12beds
    7baths
    6,157sqft
    : 
    $14,883/mo
    Get pre-qualified
    Mixed Use
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $390/sqft
    $-- HOA

    What's special

    Outdoor common areasUpdated amenitiesSpanish style architectureWell-maintained unitsComfortable living spaces
    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.
    96 days
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    57
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rickird Rey Ramirez DRE #01964882 818-941-2990,

    Ally Commercial Real Estate

    Source: CRMLS,MLS#: DW26111998MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 7
      Heating
      • Floor Furnace, Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Oven, Gas Water Heater
      • Laundry: Common Area, Inside
      Features
      • Flooring: Wood
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 6,157
      • Total interior livable area: 6,157 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Stairs off sidewalk
      • Exterior features: Lighting
      • Pool features: None
      • Spa features: None
      • Fencing: Privacy,Security
      Lot
      • Size: 6,500 Square Feet
      • Features: 6-10 Units/Acre, Rectangular Lot
      Details
      • Parcel number: 5540004003
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Spanish
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Foundation: Raised
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Hiking, Storm Drain(s), Street Lights, Sidewalks, Urban
      • Security: Smoke Detector(s), Window Bars
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $521,010
      • Date on market: 5/22/2026
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
      • Total actual rent: 17192
      • Tenant pays: Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,969/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$2,400,000+608%$390/sqft
        Source: CRMLS #DW26111998 Report a problem
        11/21/2025Listing removed$2,295
        Source: CRMLS #DW25232294 Report a problem
        10/4/2025Price change$2,295-23.4%
        Source: CRMLS #DW25232294 Report a problem
        11/14/2022Listed for rent$2,995
        Source: Zillow Rental Network_1 Report a problem
        8/31/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        7/16/2022Listed for rent$2,995
        Source: Zillow Rental Network_1 Report a problem
        7/7/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        6/18/2022Price change$2,995+7.2%
        Source: Zillow Rental Network_1 Report a problem
        6/10/2022Listed for rent$2,795+12%
        Source: Zillow Rental Network_1 Report a problem
        6/15/2021Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        3/18/2021Listed for rent$2,495
        Source: Zillow Rental Network_1 Report a problem
        6/12/2001Sold$339,000$55/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $521,010 +2%
        2025$7,265 +2.5%$510,795 +2%
        2024$7,087 +1.7%$500,781 +2%
        2023$6,968 +4.3%$490,963 -78.2%
        2022$6,678 +1.7%$2,249,100 +376.6%
        2021$6,568 -0.8%$471,900 +1%
        2020$6,620 $467,062 +2%
        2019$6,620 +5.1%$457,905 +2%
        2018$6,297 $448,928 +2%
        2017$6,297 +2.7%$440,127 +2%
        2016$6,130 +3.4%$431,498 +1.5%
        2015$5,929 +0.2%$425,018 +2%
        2014$5,916 $416,693 +2.5%
        2012-- $406,679 +2%
        2011-- $398,706 +0.5%
        2009-- $396,668 +2%
        2008-- $388,891 +2%
        2007-- $381,266 +2%
        2005-- $373,791 +4%
        2004-- $359,279 +1.9%
        2003-- $352,695 -4.4%
        2000-- $369,000
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Hollywood

        Getting around

        90 / 100
        Walker's Paradise
        70 / 100
        Excellent Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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