978 S Mariposa Ave Los Angeles, CA 90006
Koreatown NeighborhoodEstimated payment $21,119/month
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 in unit
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $47,459 | $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,680,000 | Chicago Title | |
| Grant Deed | -- | Provident Title Company | |
| Grant Deed | $670,000 | Priority Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $525,000 | Fatcola | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,775,000 | Construction | |
| Previous Owner | $1,100,000 | Construction | |
| Previous Owner | $513,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $428,000 | Credit Line Revolving | |
| Previous Owner | $393,750 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26023380
APN: 5078-003-016
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