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$4,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
  • Updated 6 hours ago
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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.

Full Property Details for 400 S Mariposa Ave

General

  • Price: $4,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26654767
  • Updated: Today (2/20/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 25

Bedrooms

  • Total Bedrooms: 16

Additional Information

  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Gated, Shared Driveway, Side By Side, Covered Parking

Location

  • Area: Mid-Wilshire
  • County: Los Angeles
  • Driving Directions: Two blocks north of 6th St and one block east of Normandie.
  • Direction Faces: West

Heating & Cooling

  • Cooling Type: Wall/Window, Ceiling Fan
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Mid-Century
  • Common Walls: Attached
  • Stories/Levels: 0
  • Square Feet: 16,736
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1956
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 25
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.3461
  • Lot Size: 15075
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $298.46
  • Assessment Year: 1956
  • Owner Pays: Water, Gardener, Pool Service
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5502-014-008

Listed by Lyon Stahl Investment Real Estate, Inc., Mark Ventre

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Listing agent

— 400 S Mariposa Ave —

  • Mark Ventre

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 400 S Mariposa Ave

School District:Los Angeles Unified School District
NameGradesDistance
Frank Del Olmo Elementary School
100 North New Hampshire Avenue, Los Angeles, CA 90004
K-50.5 mi
Rfk Community Schools-New Open World Academy K-12
3201 W. Eighth St., Los Angeles, CA 90010
K-80.6 mi
UCLA Community School
700 South Mariposa Avenue, Los Angeles, CA 90005
9-120.6 mi
Rfk Community Schools-Ambassador-Global Leadership
701 South Catalina Street, Los Angeles, CA 90005
6-80.5 mi
Virgil Middle School
152 North Vermont Avenue, Los Angeles, CA 90004
6-80.7 mi
Rfk Community Schools-Los Angeles High School Of The Arts
701 South Catalina Street, Los Angeles, CA 90005
9-120.5 mi
Rfk Community Schools- For The Visual Arts And Humanities
701 South Catalina Street, Los Angeles, CA 90005
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 S Mariposa Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$4,995,000
31.1%
MLS
11/19/2014
Sold
$3,810,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 400 S Mariposa Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$57,692
3%
$4,601,541
4%
2023
$55,897
5%
$4,423,733
2%
2022
$53,375
1%
$4,337,436
2%
2021
$52,672
-1%
$4,252,830
1%
2020
$53,195
4%
$4,209,454
3%
2019
$51,145
1%
$4,104,858
2%
2018
$50,523
2%
$4,024,372
2%
2017
$49,370
3%
$3,945,464
2%
2016
$48,151
39%
$3,868,102
41%
2015
$34,720
-1%
$2,740,833
2%
2014
$34,982
—
$2,687,144
—
2013
$34,977
—
$2,675,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Lyon Stahl Investment Real Estate, Inc., Mark Ventre

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400 S Mariposa Ave, Los Angeles, CA 90020 (MLS# 26654767) is a Multi-Family property with units containing 16 bedrooms and 0 full bathrooms. 400 S Mariposa Ave is currently listed for $4,995,000 and was received on February 20, 2026. Want to learn more about 400 S Mariposa Ave? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

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