400 S Mariposa Ave, Los Angeles, CA 90020 - Photo 1

1/1

$4,500,000

Sold
Closed
Multi-Family
16 Total Beds
Updated 4 days ago

1/1

Property Description

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

Full Property Details for 400 S Mariposa Ave

General

Sold For: $4,500,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 26654767
Added to Site: 183 day(s) ago

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.: $286.51
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
Sold by Keller Williams Realty Calabasas, Alex Galuz

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Listing agent

— 400 S Mariposa Ave —

Mark Ventre

Lyon Stahl Investment Real Estate, Inc.

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Schools

Schools serving 400 S Mariposa Ave

School District:Los Angeles Unified School District

Name	Grades	Distance
Frank Del Olmo Elementary School 100 North New Hampshire Avenue, Los Angeles, CA 90004	K-5	0.5 mi
Rfk Community Schools-New Open World Academy K-12 3201 W. Eighth St., Los Angeles, CA 90010	K-8	0.6 mi
UCLA Community School 700 South Mariposa Avenue, Los Angeles, CA 90005	9-12	0.6 mi
Rfk Community Schools-Ambassador-Global Leadership 701 South Catalina Street, Los Angeles, CA 90005	6-8	0.5 mi
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004	6-8	0.7 mi
Rfk Community Schools-Los Angeles High School Of The Arts 701 South Catalina Street, Los Angeles, CA 90005	9-12	0.5 mi
Rfk Community Schools- For The Visual Arts And Humanities 701 South Catalina Street, Los Angeles, CA 90005	9-12	0.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 S Mariposa Ave

Date

Details

Price

Change

Source

8/14/2026

Sold

$4,500,000

-6.15%

MLS

4/06/2026

Price Reduced

$4,795,000

-4%

MLS

2/20/2026

Listed

$4,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed and Sold by Rick Llanos (CalRE#: 01123101)

400 S Mariposa Ave, Los Angeles, CA 90020 (MLS# 26654767) is a Multi-Family property that was sold at $4,500,000 on August 14, 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.

400 S Mariposa Ave Los Angeles, CA 90020