514 S Mariposa Avenue, Los Angeles, CA 90020

  • $3,995,000
514 S Mariposa Avenue
CommercialSale Active
514 S Mariposa Avenue, Los Angeles, CA 90020
514 S Mariposa Avenue
  • $3,995,000

Overview

Property ID: HZ26654821
  • 0
  • Bathroom
  • 1960
  • Year Built

Description

Originally built in 1960, Mariposa514 offers the curb appeal and efficient layouts of a classic mid-century asset paired with modern systems and interior finishes. The unit mix includes 17 large one-bedrooms and 2 studios, totaling approximately 12,294 square feet on an 11,250 square foot LAR4-zoned lot. Renovated interiors feature quartz countertops, stainless steel appliances, split-system A/C, custom tile, and updated baths with deep soaking tubs. All units are separately metered for gas and electricity. The property includes shared laundry, ample natural light, and solid in-place tenancy. With no seismic retrofit obligation and a thoughtful renovation already executed, Mariposa514 is turnkey where it counts and still offers room to grow. The building has already undergone a substantial renovation program, with 12 of the 19 units upgraded to a luxury spec and achieving market-making rents that rival new construction, but at a meaningfully lower basis.

  • Address Mariposa
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90020

Details

Updated on April 7, 2026 at 12:08 am
  • Property ID: HZ26654821
  • Price: $3,995,000
  • Bathroom: 0
  • Year Built: 1960
  • Property Status: CommercialSale
  • Listed by: Mark Ventre
  • DRE #: 01811490
  • Contact Mail: mark.ventre@lyonstahl.com
  • Brokered by: Lyon Stahl Investment Real Estate, Inc.

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