NOT LISTED FOR SALE

410 S Mariposa Ave Los Angeles, CA 90020

Koreatown Neighborhood
14 Beds
14 Baths
10,062 Sq Ft
0.26 Acres

Last Sold May 05, 2022

Last sale price $2,900,000 $288 Per Sq Ft

2 Days on Market

About This Home

As of May 2022

12 units in prime Mid-Wilshire located between 3rd Street and Wilshire. Excellent added value opportunity. Large units - 10,062 square feet of building. 10- 1 bedroom + 1 bath and 2 - 2 bedroom + 1 bath. The units have hardwood floors. It sits on an 11,250 square foot lot. Below market rents with huge upside (over 40%). Individually metered for gas and electricity. It is zoned R4. No soft story retrofitting required. Centrally located with easy access to the 101 freeway. Close to shops, restaurants, Downtown Los Angeles, Hollywood and the Wilshire/Normandie Metro station. 91 Walk Score.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 03/21/2022

Michael Anthony Salerno

Last Buyer's Agent

Jeannie Lee

The H Realty License #01386376

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.26 Acre Lot

Parking

  • 9 Car Detached Garage

Interior Spaces

  • 10,062 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Community Details

  • 12 Units
  • Vacancy Allowance $9,262

Listing and Financial Details

  • Assessor Parcel Number 5502-014-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 10062
  • Lot Acreage: 0.2583
  • Stories: 2
  • Year Built: 1956
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 283.14

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached, Covered Parking
  • Total Parking: 9

Lot Info

  • Assessed Improvement Percent: 35.16
  • Assessed Improvement Value: 724802
  • Assessed Land Percent: 64.84
  • Assessed Land Value: 1336356
  • Total Assessed Value: 2061158
  • Assessor Parcel Number: 5502-014-007
  • Lot Size Area: 11250

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 15.40
  • Number Of Units: 12
  • Total Annual Expense: 83998
  • Type Of Units: apartments
  • Vacancy Allow: 9262
  • Vacancy Rate: 5

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
05/05/2022 05/05/22 Sold $2,900,000 +1.8% $288 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $2,849,000 +97.5% $283 / Sq Ft
06/26/2012 06/26/12 Sold $1,442,500 -2.2% $143 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $1,475,000 -- $147 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2022

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    1 in this area

    32 Total Sales

    Michael Salerno
    Section Image

  • J

    Buyer's Agent in 2022

    Jeannie Lee

    The H Realty

    (213) 385-6500

    6 in this area

    9 Total Sales

    Jeannie Lee
    Section Image

  • H

    Seller's Agent in 2012

    Heidi Prosser

    Concord Real Estate Service

  • Kenny Stevens

    Seller Co-Listing Agent in 2012

    Kenny Stevens

    Compass

    (424) 284-4453

    42 Total Sales

    Kenny Stevens
    Section Image
  • Henry Garcia

    Buyer's Agent in 2012

    Henry Garcia

    Real Broker

    (818) 309-3935

    5 Total Sales

    Henry Garcia
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-138677

The MLS
California Los Angeles County Los Angeles 90020 Koreatown

410 S Mariposa Ave, Los Angeles, CA

This home is located at 410 S Mariposa Ave, Los Angeles, CA 90020 since 21 March 2022. This property was built in 1956. 410 S Mariposa Ave is a home located in Los Angeles County with nearby schools including UCLA Community School, Frank Del Olmo Elementary School, and Young Oak Kim Academy.

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