1250 N Mariposa Avenue Los Angeles, CA $ 2,400,000
1250 N Mariposa Avenue
$ 2,400,000
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1250 N Mariposa Avenue

Los Angeles, CA, 90029
$ 2,400,000
Baths1.0 Sq 6,157

Monthly Estimate*

$ 14,777

Listed by Ally Commercial Real Estate
1250 N Mariposa Avenue, Los Angeles, CA 90029 - Image 1
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1250 N Mariposa Avenue, Los Angeles, CA 90029 - Image 12
Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,400,000 with 1 full bath. This 6,157 square foot home was built in 1930 on a lot size of 0.1492.

This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units, outdoor common areas and the building has been run by a professional management company. Situated in the heart of Los Angeles, the property benefits from its prime location. The neighborhood offers convenient access to a wide array of amenities, including restaurants, shopping centers, entertainment venues, and public transportation options. Its proximity to major freeways and employment hubs makes it an appealing choice for tenants seeking easy commutes and access to urban conveniences. Investors will find numerous opportunities for income generation and long-term growth with this multifamily property. The strong rental market in Los Angeles, combined with the property's desirable location, ensures a high demand for quality housing. The potential for rental income growth and appreciation make this an attractive investment for both seasoned and new investors looking to expand their portfolios.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1492

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW26111998

Days on Market

2

Features
General
Sewer Public Sewer
Heating Floor Furnace Wall Furnace
Cooling Wall/Window Unit(s)
Roof Shingle
Appliances Gas Oven Gas Water Heater
Zoning LAR3
Garage Spaces 0
Architectural Style Spanish
Pool Features None
Security Features Smoke Detector(s) Window Bars
Year Built 1930
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 208104
Community Features Curbs Hiking Storm Drain(s) Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 150892
Operating Expense 70830
Insurance Expense 307876
New Construction false
Property Type Residential Income
MaintenanceExpense 3500
Facing Direction West
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions East of the 101 FWY and just south of Fountain Ave
City Los Angeles
Entry Location Stairs off sidewalk
Senior Community Y/N false
Number Of Units Total 7
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6500
Number of Units Leased 7
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Updated/Remodeled
Trash Expense 3000
Water Sewer Expense 14973
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 58
Total Actual Rent 17192
Property Sub Type Additional Mixed Use
Taxes 38723
Cap Rate 6.29
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Interior
Flooring Wood
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area Inside
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Privacy Security
Parking Features None
Lot Features 6-10 Units/Acre Rectangular Lot
Water Source Public
Total Parking 0
Lot Size Area 6500
Foundation Details Raised
Number of Buildings 2
Spa false
Building Area Total 6157
Lot Size Acres 0.1492
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
Ally Commercial Real Estate

Broker

rick@allycommercialre.com

Email

Affordability Calculator

$14,777
Per Month
100%
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0%
Monthly Principal & Interest
$14,777
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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
5/22/2026$2,400,000 Listed Price

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1250 N Mariposa Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,400,000 with 6,157 sqft and a lot size of 0.1492. 1250 N Mariposa Avenue is a studio with 1.0 baths and was built in 1930. The property's zip code is 90029 which is in Los Angeles, CA