514 S Mariposa Avenue Los Angeles, CA $ 4,150,000
514 S Mariposa Avenue
$ 4,150,000
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514 S Mariposa Avenue

Los Angeles, CA, 90020
$ 4,150,000
Bedrooms-- Baths-- Sq 12,294

Monthly Estimate*

$ 25,552

Listed by Lyon Stahl Investment Real Estate, Inc.
514 S Mariposa Avenue, Los Angeles, CA 90020 - Image 1
514 S Mariposa Avenue, Los Angeles, CA 90020 - Image 2
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514 S Mariposa Avenue, Los Angeles, CA 90020 - Image 8
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Commercial Property for sale in Los Angeles, CA

for $4,150,000. This 12,294 square foot building was built in 1960 on a lot size of 0.2584.

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.

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Commercial Active

Price

$ 4,150,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2584

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26654821

Days on Market

2

Features
General
Heating Wall Furnace
Zoning LAR4
HOA Fee 0
Security Features Security Gate
Construction Materials Stucco Wood Siding
Year Built 1960
Tax Year 2025
Building Name Mariposa514
County Los Angeles
Net Operating Income 225900
Property Type Commercial Sale
Possible Use Multi-Family
Special Listing Conditions Standard
Status Active
Directions Half a block north of 6th Street and one block east of Normandie Ave.
City Los Angeles
Number Of Units Total 19
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 11254
Standard Status Active
Cap Rate 5.44
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Interior
Total Stories 2
Heating Y/N true
Laundry Features Common Area
Total Baths 0
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Exterior
Total Parking 16
Lot Size Area 11254
Number of Buildings 1
Building Area Total 12294
Lot Size Acres 0.2584
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

mark.ventre@lyonstahl.com

Email

Affordability Calculator

$25,552
Per Month
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0%
Monthly Principal & Interest
$25,552
Monthly Property Taxes
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Monthly Home Insurance
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$4,150,000 Listed Price

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514 S Mariposa Avenue, Los Angeles, CA, 90020 is a Commercial Property for sale at $4,150,000 with 12,294 sqft and a lot size of 0.2584. 514 S Mariposa Avenue was built in 1960. The property's zip code is 90020 which is in Los Angeles, CA