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$4,795,000
156 Days On Site

400 S Mariposa Avenue
Los Angeles, CA 90020

For Sale|Residential Income|Active Under Contract
16
Beds
25
Total Baths
16,736
SqFt
$287
/SqFt
1956
Built
County:
Los Angeles
Call Now: (408) 868-2620
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(408) 868-2620
400 S Mariposa Avenue400 S Mariposa Avenue400 S Mariposa Avenue400 S Mariposa Avenue
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Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

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Listing Snapshot
Price 
$4,795,000
Days On Site 
156 Days
Bedrooms 
16
Inside Area (SqFt) 
16,736 sqft
Total Baths 
25
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3461 Acres
Year Built 
1956
MLS® Number 
26654767
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoStatus changed to Active Under Contract
4 months agoPrice changed to $4,795,000
5 months agoListing first seen on site
General Features
Acres 
0.3461
Direction Faces 
West
Land Lease 
No
Levels 
Two
Number Of Stories 
2
Parking 
CoveredGatedShared DrivewaySide By Side
Parking Spaces 
24
Property Condition 
Updated/Remodeled
Security 
Gated Community
Special Circumstances 
Standard
SqFt Total 
16736
Style 
MidCenturyModern
Zoning 
LAR4
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigerator
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
Interior 
Ceiling Fan(s)
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Exterior Features
View 
None
Waterview 
None
Community Features
Community Features 
Gated
MLS Area 
C17 - Mid-Wilshire
Listing courtesy of Mark Ventre of Lyon Stahl Investment Real Estate, Inc.

Based on information from the The MLS as of 2026-07-27 06:05 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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