Los Angeles, CA 90020 400 S Mariposa Avenue

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  • MLS# 21728842
  • 05/12/2021
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Presented By: Peter Strauss with Iconic Investments.
  • Beds • 16
  • Baths • 25
  • Year Built • 1956

Home Details

Mariposa 400 Apartments is a 25-unit apartment building located at 400 S Mariposa Avenue in the highly desirable Koreatown neighborhood of Los Angeles. Built in 1956, the property offers renters a high demand mix of 9 Studio and 16 One-Bedroom units across 16,738 square feet of improvements on 15,070 square feet (0.35 acres) of land.The thoughtfully maintained property features 13 extensively renovated units featuring new hardwood floors, kitchen cabinets, countertops, stainless-steel appliances, designer tiles, fixtures, and lighting. The bathrooms have been updated with modern vanities and tiles, bathtubs, and hardware. In addition, the building has been updated with new window and split system air conditioning. New ownership has the opportunity to capture 26% upside in rents through comprehensive renovations of the remaining unit interiors. The charming Mid-Century design, resort-style feel, and location are major draws for the Mariposa 400 Apartments.
Presented By: Peter Strauss with Iconic Investments.

Interior Features for 400 S Mariposa Avenue

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 400 S Mariposa Avenue

AppliancesDishwasher, Disposal
Community FeaturesPool
CoolingWall/Window Unit(s)
FlooringWood
HeatingWall Furnace
Listing AgentPeter Strauss - BRE#01335696
Listing Agent State License01335696
MLS AreaC17 - Mid-Wilshire
Parking FeaturesControlled Entrance
Pool FeaturesCommunity
Private PoolNo
Property TypeResidential Income
Security FeaturesSecurity Gate
Senior Community Y/NNo
Special Listing ConditionsStandard
Total Units25
ZoningLAR4

Exterior for 400 S Mariposa Avenue

Lot Size Acres0.34
Lot Size Area15070
Lot Size Square Feet15070
Lot Size UnitsSquare Feet
Number of Buildings1

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $6,195,000
MLS#21728842
List Date 05/12/2021
Property Type Income
Phone 310.658.1749
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