978 S Mariposa Ave Los Angeles, CA 90006
Koreatown NeighborhoodEstimated payment $20,713/month
Highlights
- Laundry Room
- Central Heating and Cooling System
- 4-minute walk to Seoul International Park
About This Home
Built in 2017, this 7 unit apartment complex is located near Koreatown and is surrounded by numerous shopping, dining, and entertainment venues. This complex has a good mix of studios, one bedroom, and two bedrooms units. Each unit features high ceilings, high end interior design quality, and their own washer and dryer. This apartment does not have rent control and there is room for increased rents. These units are consistently in demand so they are easy to rent out.
Listing Agent
Thomas Iping Lo, Broker Brokerage Phone: 626-940-6865 License #01842952 Listed on: 02/02/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2017
Lot Details
- 5,907 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 5,375 Sq Ft Home
- 3-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 9 Bathrooms
Parking
- 9 Parking Spaces
- 9 Carport Spaces
- Parking Available
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 18 / 7
- Tax Tract Number 5078003
- Assessor Parcel Number 5078003016
- $1,088 per year additional tax assessments
Community Details
Overview
- 7 Units
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 7 Separate Water Meters
- Electric Expense $1,914
- Gardener Expense $2,400
- Insurance Expense $4,833
- Trash Expense $6,431
- Water Sewer Expense $3,283
- New Taxes Expense $39,375
- Operating Expense $58,236
- Gross Income $193,140
- Net Operating Income $134,904
Map
Home Values in the Area
Average Home Value in this Area
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 | $46,960 | $3,905,244 | $2,737,916 | $1,167,328 |
| 2024 | $46,960 | $3,828,672 | $2,684,232 | $1,144,440 |
| 2023 | $46,052 | $3,753,600 | $2,631,600 | $1,122,000 |
| 2022 | $18,832 | $1,527,691 | $747,396 | $780,295 |
| 2021 | $18,245 | $1,497,738 | $732,742 | $764,996 |
| 2019 | $17,705 | $1,453,315 | $711,009 | $742,306 |
| 2018 | $17,571 | $1,424,819 | $697,068 | $727,751 |
| 2016 | $8,153 | $670,000 | $450,000 | $220,000 |
| 2015 | $5,686 | $470,000 | $330,000 | $140,000 |
| 2014 | $5,823 | $470,000 | $330,000 | $140,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $3,150,000 | +370.1% | $586 / Sq Ft | |
| 04/07/2015 04/07/15 | Sold | $670,000 | 0.0% | $447 / Sq Ft | View Prior Sale |
| 02/22/2015 02/22/15 | Off Market | $670,000 | -- | -- | |
| 02/20/2015 02/20/15 | Price Changed | $720,000 | +2.9% | $480 / Sq Ft | |
| 01/31/2015 01/31/15 | For Sale | $700,000 | -- | $467 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26023380
APN: 5078-003-016
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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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