NOT LISTED FOR SALE

1002 Mariposa Ave Los Angeles, CA 90029

East Hollywood Neighborhood
28 Beds
28 Baths
22,368 Sq Ft
0.44 Acres

Last Sold March 05, 2025

Last sale price $3,900,000 $174 Per Sq Ft

239 Days on Market

About This Home

As of March 2025

1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.16 GRM and 5.46% cap with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 10/29/2024

RE/MAX One

Last Buyer's Agent

Chase Simonton

RE/MAX One License #01766871 Listed on: 10/29/2024

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 0.44 Acre Lot

Interior Spaces

  • 22,368 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 28 Bedrooms
  • 28 Bathrooms

Community Details

  • 28 Units

Listing and Financial Details

  • Assessor Parcel Number 5538-002-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 22368
  • Lot Acreage: 0.4437
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 28
  • Total Bathrooms: 28.00
  • Price Per S Q F T: 209.90

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 35.00
  • Assessed Improvement Value: 2345061
  • Assessed Land Percent: 65
  • Assessed Land Value: 4355114
  • Total Assessed Value: 6700175
  • Assessor Parcel Number: 5538-002-031
  • Lot Size Area: 19329

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.85
  • Number Of Units: 28
  • Total Annual Expense: 156106
  • Type Of Units: Multi Family
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Sold $3,900,000 -16.9% $174 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $4,695,000 -2.7% $210 / Sq Ft
10/29/2024 10/29/24 For Sale $4,825,000 0.0% $216 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $4,825,000 -3.4% $216 / Sq Ft
07/16/2024 07/16/24 For Sale $4,995,000 0.0% $223 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $4,995,000 -2.0% $223 / Sq Ft
06/17/2024 06/17/24 For Sale $5,095,000 0.0% $228 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $5,095,000 -- $228 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chase Simonton

    Seller's Agent in 2025

    Chase Simonton

    RE/MAX

    (310) 383-5927

    7 in this area

    92 Total Sales

    Chase Simonton
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Map

Source: The MLS

MLS Number: 24-381493

The MLS

California Los Angeles County Los Angeles 90029 East Hollywood

1002 Mariposa Ave, Los Angeles, CA

This home is located at 1002 Mariposa Ave, Los Angeles, CA 90029 since 29 October 2024. This property was built in 1924. 1002 Mariposa Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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