978 S Mariposa Los Angeles, CA ^$ 3,150,000

978 S Mariposa

^$ 3,150,000

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978 S Mariposa

Los Angeles, CA, 90006

^$ 3,150,000

Studio Baths1.0 Sq 5,375

Monthly Estimate*

^$ 19,395

Listed by Thomas Iping Lo, Broker

978 S Mariposa, Los Angeles, CA 90006 - Image 1

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,150,000 with 1 full bath. This 5,375 square foot home was built in 2017 on a lot size of 0.1356.

Built in 2017, this 7 unit apartment complex is located near Koreatown and is surrounded by numerous shopping, dining, and entertainment venues. This complex has a good mix of studios, one bedroom, and two bedrooms units. Each unit features high ceilings, high end interior design quality, and their own washer and dryer. This apartment does not have rent control and there is room for increased rents. These units are consistently in demand so they are easy to rent out.

Multi-Family Active

Price

^$ 3,150,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1356

Year Built

2017

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS26023380

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Garage Spaces 0

Pool Features None

Year Built 2017

Levels Three Or More

Property Subtype Mixed Use

Gross Income 193140

Community Features Sidewalks

County Los Angeles

Net Operating Income 134904

Operating Expense 58236

Insurance Expense 4833

New Construction false

Property Type Residential Income

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Near the corner of south Mariposa Ave. and Olympic Blvd.

City Los Angeles

Entry Location Front

Senior Community Y/N false

Number Of Units Total 7

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 5907

Carport Spaces 9

Carport Y/N true

Number of Units Leased 7

Listing Terms Cash Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 1914

Trash Expense 6431

Water Sewer Expense 3283

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 18

Total Actual Rent 16095

Property Sub Type Additional Mixed Use

Taxes 39375

Cap Rate 4.3

Interior

Total Stories 3

Common Walls 1 Common Wall

Air Conditioning Y/N true

Heating Y/N true

Laundry Features Inside

Entry Level 1

Exterior

Parking Features Carport

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 9

Lot Size Area 5907

Number of Buildings 1

Building Area Total 5375

Lot Size Acres 0.1356

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 7

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

* Excluded Features

List By

Thomas Iping Lo, Broker

Broker

loiping@gmail.com

Affordability Calculator

$19,395

Per Month

Monthly Principal & Interest: $19,395
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,894,530

Percent of Sale Price 40%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/3/2026	$3,150,000		Listed Price

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978 S Mariposa, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $3,150,000 with 5,375 sqft and a lot size of 0.1356. 978 S Mariposa is a studio with 1.0 baths and was built in 2017. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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978 S Mariposa

Multi-Family Home for sale in Los Angeles, CA

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