NOT LISTED FOR SALE

1215 S Mariposa Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,064,525 - $1,344,000

8 Beds
6.5 Baths
6,538 Sq Ft
$187/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $1,330,000 $203 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,986/month

31 Days on Market

About This Home

As of December 2016

1215 & 1221 S. Mariposa Avenue: 3 Buildings on 2 Land Parcels. Great 4.3% Cap Rate Investment in Mid-Wilshire/Koreatown. 6 large sized Apartments/SFR's: 912 to 1,547 sf. Occupy or Re-Lease the Front freestanding, 1 story SFR (Vacant at close of escrow): 1,547 sf, 2 beds/1.5 baths. Collect income from 5 other units: Stand Alone Rear SFR is 1,343 sf, 2 beds/1 bath, 1 story with spacious private patio, also Front 4 Apartments (All 1 beds/1 baths), 2 story. 8 Total Parking spaces: 4 Car Detached Garage and up to 4 more, large open surface spots. Front SFR Re-Roofed in 2016 & Buildings Painted. Front 4 Units has Copper Plumbing. Units have hardwood floors. Current rents are below market: $52,320. Near Koreatown Galleria, 10 Fwy. with excellent access to Downtown LA & Westside.

Last Agent to Sell the Property

Christopher Baer

Avison Young – Southern CA LTD License #00823957 Listed on: 11/01/2016

Last Buyer's Agent

Clark Renner

Torrey Pacific Properties License #01347728

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,599

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot

Parking

  • 8 Car Detached Garage

Interior Spaces

  • 6,538 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6.5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5078-035-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,599

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 6538
  • Lot Acreage: 0.2700
  • Stories: 2
  • Year Built: 1900
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.50
  • Den: 0
  • Price Per S Q F T: 203.43

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Covered Parking, Detached
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 16125
  • Assessed Land Value: 24827
  • Assessor Parcel Number: 5078-035-004
  • Geocode Override: No
  • Lot Size Area: 11813

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 6
  • Total Annual Expense: 33438
  • Type Of Units: residential
  • Vacancy Rate: 26%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2017
Sold by
Shellyfield Llc
Bought by
Sovereign Homes Llc
Current Estimated Value
$1,297,282

Purchase Details

Listed on
Nov 1, 2016
Closed on
Nov 30, 2016
Sold by
Suzukida Ii Michael D
Bought by
Shellyfield Llc
Seller's Agent
Christopher Baer
Avison Young – Southern CA LTD
Buyer's Agent
Clark Renner
Torrey Pacific Properties
List Price
$1,330,000
Sold Price
$1,330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$300,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2004
Sold by
Suzukida Chiyo
Bought by
Suzukida Chiyo and Chiyo Suzukida Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sovereign Homes Llc $1,500,000 Fatcola
Shellyfield Llc $500,000 First American Title
Suzukida Chiyo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shellyfield Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $1,330,000 0.0% $203 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $1,330,000 -- $203 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,599 $870,434 $638,320 $232,114
2024 $10,599 $853,367 $625,804 $227,563
2023 $10,399 $836,635 $613,534 $223,101
2022 $9,924 $820,231 $601,504 $218,727
2021 $9,800 $804,149 $589,710 $214,439
2019 $9,510 $780,300 $572,220 $208,080
2018 $9,368 $765,000 $561,000 $204,000
2016 $600 $40,952 $24,827 $16,125
2015 $593 $40,338 $24,455 $15,883
2014 $605 $39,548 $23,976 $15,572
Source: Public Records

Agents Affiliated with this Home

  • Christopher Baer

    Seller's Agent in 2016

    Christopher Baer

    Avison Young – Southern CA LTD

    (818) 939-1259

    1 Total Sale

    Section Image

  • C

    Buyer's Agent in 2016

    Clark Renner

    Torrey Pacific Properties

  • C

    Buyer's Agent in 2016

    Christopher Bonbright

See All Agents

Map

Source: The MLS

MLS Number: 16-179996

The MLS

APN: 5078-035-004

California Los Angeles County Los Angeles 90006 Pico-Union

1215 S Mariposa Ave, Los Angeles, CA

This home is located at 1215 S Mariposa Ave, Los Angeles, CA 90006 since 01 November 2016 and is currently estimated at $1,222,881, approximately $187 per square foot. This property was built in 1900. 1215 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes