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514 S Mariposa Ave
Los Angeles, CA 90020 Koreatown

$4,250,000 USD

Apartments For Sale • 13,725 SF

Property Details

Property Type Apartments
Total Building Size 13,725 SF
Lot Size 0.26 AC
Building Class C
Year Built 1960
Cap Rate 5.70 %
Zoning LAR4

80 Transit Score

94 Walk Score

                
                    Highlights
                
                                85% of units renovated with high-end finishes
                            
                                Renovated units achieving market making rents
                            
                                Approximately 25% upside in rental income
                            
                                Building systems upgraded
                            
                                Walkable to exciting Koreatown amenities
                            
                                "Walkers Paradise" score of 92 on Walkscore.com

Property Flyers

514 Mariposa OM (updated pricing-1)

Cap Rate:

5.70 %

Amenities

24 Hour Access
Tenant Controlled HVAC
Kitchen
Hardwood Floors
Refrigerator
Stainless Steel Appliances
Range
Tub/Shower
Public Transportation
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	9 min	-	5.1 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.3 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	5 min	0.3 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	13 min	0.7 mi
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	14 min	0.8 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	12.0 mi
Los Angeles International	24 min	-	12.7 mi
Long Beach (Daugherty Field)	34 min	-	24.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	19
Type:	Covered
Included in Rent:	Yes

Mark Ventre 323-202-9741 Lyon Stahl Investment Real Estate

514 S Mariposa Ave Los Angeles, CA 90020 Koreatown