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.
For sale
$3,700,000
514 S Mariposa Ave, Los Angeles, CA 90020
17beds
19baths
12,294sqft
Multi Family
Built in 1960
-- sqft lot
$3,374,000 Zestimate®
$301/sqft
$-- HOA
What's special
- 73 days |
- 48 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Mark Ventre DRE # 01811490 323-202-9741,
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Source: CLAW,MLS#: 26844845
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 19
Heating
- Wall
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Range, Range Hood, Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Central Water Heater
- Laundry: Common Area
Features
- Ceiling Fan(s)
- Flooring: Vinyl Plank
- Windows: Double Pane Windows
Interior area
- Total structure area: 12,294
- Total interior livable area: 12,294 sqft
Property
Parking
- Total spaces: 17
- Parking features: Covered, Driveway Gate, Gated
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Pool features: None
- Spa features: None
Lot
- Size: 0.26 Acres
Details
- Additional structures: None
- Parcel number: 5502019006
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- Year built: 1960
Utilities & green energy
- Water: Mutual Water Source
Community & HOA
Community
- Security: Gated
- Subdivision: 514 Mariposa
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $301/sqft
- Tax assessed value: $4,462,072
- Date on market: 6/8/2026
- Tenant pays: Electricity, Gas
Estimated market value
$3,374,000
$3.21M - $3.54M
$1,836/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $3,700,000-7.4%$301/sqft |
Source:  CLAW #26844845 Report a problem | ||
| 5/14/2026 | Listing removed | $3,995,000$325/sqft |
Source: CLAW #26654791 Report a problem | ||
| 4/6/2026 | Price change | $3,995,000-3.7%$325/sqft |
Source: CLAW #26654791 Report a problem | ||
| 2/20/2026 | Listed for sale | $4,150,000-2.4%$338/sqft |
Source: CLAW #26654791 Report a problem | ||
| 10/16/2025 | Listing removed | $4,250,000$346/sqft |
Source: CLAW #25569279 Report a problem | ||
| 7/24/2025 | Listed for sale | $4,250,000-4.5%$346/sqft |
Source: CLAW #25569279 Report a problem | ||
| 5/28/2024 | Listing removed | $4,450,000-4.3%$362/sqft |
Source: CLAW #24-370505 Report a problem | ||
| 3/19/2024 | Listed for sale | $4,650,000$378/sqft |
Source: CLAW #24-370505 Report a problem | ||
| 5/28/2020 | Listing removed | $1,850 |
Source: TurboTenant Report a problem | ||
| 5/1/2020 | Listed for rent | $1,850 |
Source: TurboTenant Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Koreatown
Nearby schools
GreatSchools rating
- 5/10UCLA Community SchoolGrades: K-12Distance: 0.4 mi
- 4/10RFK Community Schools-Ambassador School of Global LeadershipGrades: 6-12Distance: 0.4 mi
- 5/10RFK Community Schools Los Angeles High School Of The ArtsGrades: 9-12Distance: 0.4 mi
- $2,1951 bd1 ba750 sqft514 S Mariposa Ave #101, Los Angeles, CA 90020For Rent
- $--1 bd1 ba750 sqft514 S Mariposa Ave #2298982, Los Angeles, CA 90020Off Market
- $--1 bd1 ba650 sqft514 S Mariposa Ave #2298984, Los Angeles, CA 90020Off Market
- $--1 bd1 ba650 sqft514 S Mariposa Ave #105, Los Angeles, CA 90020Off Market
- $--1 bd1 ba750 sqft514 S Mariposa Ave #202, Los Angeles, CA 90020Off Market
- $--1 bd1 ba650 sqft514 S Mariposa Ave APT 107, Los Angeles, CA 90020Off Market
- $---- bd1 ba400 sqft514 S Mariposa Ave #60485555, Los Angeles, CA 90020Off Market
- $--1 bd1 ba650 sqft514 S Mariposa Ave #60485552, Los Angeles, CA 90020Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $3,700,00015 bd15 ba6.9k sqft517 N Harvard Blvd, Los Angeles, CA 90004For Sale
MLS ID #26872305, Max Lee DRE # 01905008, Real Broker. CLAW - $3,999,00015 bd15 ba11k sqft741 S Hobart Blvd, Los Angeles, CA 90005For Sale
MLS ID #26666461, Audrey Jung DRE # 01400834, B & B Investment Properties. CLAW - $3,999,00018 bd18 ba12k sqft4240 S Figueroa St, Los Angeles, CA 90037For Sale
MLS ID #SR26174382, Brian Tanenbaum, Federal Financial. CRMLS - $3,195,00015 bd16 ba10k sqft1045 N Ardmore Ave, Los Angeles, CA 90029For Sale
MLS ID #26855071, Armin Soleimani DRE # 01846872, Global Platinum Properties, Inc.. CLAW - $3,995,00020 bd21 ba11k sqft5741 Virginia Ave, Los Angeles, CA 90038For SaleMLS ID #26866075, Roderick 'Rick' Raymundo DRE # 01357019, Marcus & Millichap. CLAW
- $4,050,00018 bd14 ba6.8k sqft161 S Burlington Ave, Los Angeles, CA 90057For SaleMLS ID #26852471, Julio Ruiz DRE # 01911261, Global Platinum Properties, Inc.. CLAW
- $4,095,00018 bd18 ba10k sqft1918 N Grace Ave, Los Angeles, CA 90068For SaleMLS ID #26862371, Mark Konopaske DRE # 00960857, Mark Konopaske. CLAW
- $3,350,00018 bd16 ba8.7k sqft1044 N Bonnie Brae St, Los Angeles, CA 90026For SaleMLS ID #26866927, Erick Uribe DRE # 02106084, South Park Group, Inc.. CLAW
- $3,350,00020 bd13 ba11k sqft1350 Edgecliffe Dr, Los Angeles, CA 90026For SaleMLS ID #26853991, Michael Sterman DRE # 01911703, Marcus & Millichap. CLAW
- $2,990,00018 bd17 ba11k sqft695 S Norton Ave, Los Angeles, CA 90005For SaleMLS ID #26866301, H. Jason Yang DRE # 02044611, GAIA. CLAW
- $3,695,00020 bd23 ba9.3k sqft913 N Hobart Blvd, Los Angeles, CA 90029For SaleMLS ID #25620395, Yohann Bensimon DRE # 01966630, Keller Williams Hollywood Hills. CLAW
- $3,749,00018 bd16 ba8.1k sqft4505 W 18th St, Los Angeles, CA 90019New ConstructionMLS ID #BB26177778, Lauren Cearley, Myunits.com Inc.. CRMLS
- $3,700,00018 bd13 ba11k sqft3111 W Ramona Rd, Alhambra, CA 91803For SaleMLS ID #26839467, Seth Polen DRE # 01133279, Seth Polen. CLAW
- $4,100,00018 bd18 ba10k sqft214 E Chevy Chase Dr, Glendale, CA 91205For SaleMLS ID #26874227, Roderick 'Rick' Raymundo DRE # 01357019, Marcus & Millichap. CLAW
- $3,225,00014 bd14 ba7.4k sqft1900 Dracena Dr, Los Angeles, CA 90027For SaleMLS ID #26866033, D. Timothy Byrne DRE # 01186465, Compass. CLAW
- $4,495,00018 bd18 ba10k sqft525 N Normandie Ave, Los Angeles, CA 90004For SaleMLS ID #26870667, Janet Neman DRE # 01069127, Kidder Mathews of California, Inc.. CLAW
- $4,150,00020 bd19 ba8.3k sqft2647 Ellendale Pl, Los Angeles, CA 90007For SaleMLS ID #26864749, Benjamin Lee DRE # 02123715, Lyon Stahl Investment Real Estate, Inc.. CLAW
- $4,150,00020 bd12 ba9.9k sqft4018 Camero Ave, Los Angeles, CA 90027For SaleMLS ID #26868955, Laura Meldere DRE # 01963657, Beverly & Company Luxury Properties. CLAW
- $2,395,00017 bd12 ba8.2k sqft4771 Marathon St, Los Angeles, CA 90029For SaleMLS ID #26647585, Saadia 'Sam' Liberow DRE # 01933858, Marcus & Millichap. CLAW
- $5,195,00018 bd18 ba8.6k sqft4203 Council St, Los Angeles, CA 90004For SaleMLS ID #26856817, Nick Astrupgaard DRE # 01893466, KW Commercial Studio City. CLAW
Local buyer's agents are ready to help
