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LKV Realty, LLC

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$5,300,000

$7,200Reward *

400 S Mariposa Avenue, Los Angeles, CA 90020Listing ID 25569271

400 S Mariposa Avenue, Los Angeles, CA 90020

Active

Time on site: 358 days • Last updated: Jul 31, 2025

Property Type

Residential Income

Property Sub Type

Bedrooms

Bathrooms

Square Feet

16,736

Acres

0.35

Days on Site

358

Cooling

Wall/Window Unit(s)

Listing provided by Mark Ventre • Lyon Stahl Investment Real Estate, Inc., (310) 425-9838

Market Report for 90020

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C137060

Heating

Wall Furnace

Parking

Covered, Gated, Shared Driveway, Side By Side

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.

Property Information

Property Details

Location

Address

400 S Mariposa Avenue

County

Los Angeles

City

Los Angeles

Zip Code

90020

MLS Area

C17 - Mid-Wilshire

Interior Features

Beds and Baths

Bedrooms

Building

Building Information

Square Feet

16,736

Year Built

1956

Stories

Condition

Updated/Remodeled

Financial

Special Conditions

Standard