Commercial: MLS #0026654821 Los Angeles, CA $ 4,150,000
Commercial: MLS #0026654821
$ 4,150,000
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Commercial: MLS #0026654821

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

Monthly Estimate*

$ 25,552

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Commercial Property for sale in Los Angeles, CA

for $4,150,000. This building was built in 1960.

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

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026654821

Features
General
Heating Wall Furnace
Zoning LAR4
Security Features Automatic Gate
Construction Materials Stucco Wood Siding
Year Built 1960
Tax Year 2025
Building Name Mariposa514
County Los Angeles
Net Operating Income 225900.0
Property Type F
Status Active
City Los Angeles
MLS Area C17 - Mid-Wilshire
Standard Status Active
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Exterior
Lot Size Area 11254.0
Land Lease Type Fee
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Interior
Total Stories 2
Heating Y/N Yes
Laundry Features Community Laundry Equipment Own Lease
Total Baths 0
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* Excluded Features
List By
Mark Ventre

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$25,552
Per Month
100%
0%
0%
Monthly Principal & Interest
$25,552
Monthly Property Taxes
--
Monthly 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$4,150,000 Listed Price

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