$2,600,000
SOLD AUG 22, 2025

1102 S Mariposa Ave Los Angeles, CA 90006

Pico-Union Neighborhood
-- Bed
1 Bath
9,801 Sq Ft
5,907 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

10% Below List Price

135 Days on Market

Highlights

  • Hiking Trails
  • Park
  • Laundry Room

About This Home

As of August 2025

1102 S Mariposa Ave is a 24-unit apartment community constructed in 1927. Situated in the Koreatown submarket on a corner lot, the property consists of (24) Studio/One-Bathroom units, totaling an average of approximately 400 square feet per unit. Several units on the south side of the1st floor have sliding glass doors that open to a patio area.

The property is individually metered for electricity and master metered for gas and water. The roof was replaced approximately two years ago. There is an on-site, coin-operated laundry room for tenants' convenience. All entrances are secured and there is a large storage room in the basement as well as a small storage shed to the rear of the property.

FOR MOREINFORMATION, PLEASE CONTACT THE AGENT BELOW:
ALEX PETERSON

Last Agent to Sell the Property

Alex Peterson

NorthMarq Realty Services, Inc Brokerage Phone: 213-248-7047 License #02207186 Listed on: 04/09/2025

Last Buyer's Agent

Alex Peterson

NorthMarq Realty Services, Inc Brokerage Phone: 213-248-7047 License #02207186 Listed on: 04/09/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,907 Sq Ft Lot
  • Two or More Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1 Bathroom
  • 9,801 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location
  • Suburban Location

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 26 / 33
  • Tax Tract Number 5078
  • Assessor Parcel Number 5078021027
  • $1,609 per year additional tax assessments

Community Details

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 24 Separate Electric Meters
  • Operating Expense $143,685
  • Gross Income $342,530
  • Net Operating Income $201,245

Additional Features

  • 24 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • CapRate: 7.00
  • Price Per Unit: 119792
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5078021027
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 265.28

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Hiking, Gutters, Park, Rural, Sidewalks, Storm Drains, Street Lights, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5907.00
  • Lot Size Acres: 0.1356

Multi Family

  • Gross Income: 342530.00
  • Gross Multiplier: 8.09
  • Gross Operating Income: 344930.00
  • Gross Scheduled Income: 342530.00
  • Lot Size Area: 5907.0000 Square Feet
  • Net Operating Income: 201245.00
  • Number Of Separate Electric Meters: 24
  • Number Of Units Total: 24
  • Operating Expense: 143685.00
  • Rent Control: No
  • Total Expenses: 143685.00

Tax Info

  • Tax Block: 33
  • Tax Census Tract: 2133.10
  • Tax Lot: 26
  • Tax Tract Number: 5078
  • TaxOtherAnnualAssessmentAmount: 1609.00

Range of Values:

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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
08/22/2025 08/22/25 Sold $2,600,000 -9.6% $265 / Sq Ft
04/09/2025 04/09/25 For Sale $2,875,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex Peterson

    Seller's Agent in 2025

    Alex Peterson

    NorthMarq Realty Services, Inc

    (213) 248-7047

    1 in this area

    1 Total Sale

    Alex Peterson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25078139

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90006 Pico-Union

1102 S Mariposa Ave, Los Angeles, CA

This home is located at 1102 S Mariposa Ave, Los Angeles, CA 90006 and is currently priced at $2,600,000, approximately $265 per square foot. This property was built in 1927. 1102 S Mariposa Ave is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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