NOT LISTED FOR SALE

1214 S Mariposa Ave Los Angeles, CA 90006

Pico-Union Neighborhood
7 Beds
7 Baths
3,360 Sq Ft
5,904 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $1,200,000 $357 Per Sq Ft

306 Days on Market

About This Home

As of August 2021

7 separate houses on one lot in Koreatown and Pico Union adjacent. Each home is a 1 bed 1 bathroom home. Gross income is $61,000 annually. Great opportunity to purchase and increase rents. Please do not approach any of the tenants. Subject to 1031 exchange at no cost to buyer and all offers subject to interior inspection. No garages. Street parking only. 100% occupied.

Last Agent to Sell the Property

Paul Argueta

REH REAL ESTATE License #01223040 Listed on: 06/29/2020

Last Buyer's Agent

Paul Argueta

REH REAL ESTATE License #01223040 Listed on: 06/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 5,904 Sq Ft Lot
  • No Common Walls
  • Level Lot

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 22 / 46
  • Assessor Parcel Number 5078034024

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 7 Separate Water Meters
  • Gross Income $61,000
  • Net Operating Income $42,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5078034024
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 357.14

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5904.00
  • Lot Size Acres: 0.1355

Multi Family

  • Gross Income: 61000.00
  • Gross Scheduled Income: 61000.00
  • Lot Size Area: 5904.0000 Square Feet
  • Net Operating Income: 42700.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 7
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Rent Control: Yes
  • Total Actual Rent: 5092.00

Tax Info

  • Tax Block: 46
  • Tax Census Tract: 2133.10
  • Tax Lot: 22

Range of Values:

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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
08/12/2021 08/12/21 Sold $1,200,000 -5.9% $357 / Sq Ft
03/11/2021 03/11/21 Price Changed $1,275,000 -5.5% $379 / Sq Ft
01/20/2021 01/20/21 Price Changed $1,349,000 -6.9% $401 / Sq Ft
06/29/2020 06/29/20 For Sale $1,449,000 +107.0% $431 / Sq Ft
04/20/2015 04/20/15 Sold $700,000 0.0% $208 / Sq Ft
04/07/2015 04/07/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $700,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul Argueta

    REH REAL ESTATE

    Section Image
  • Maurius Jeffery

    Seller's Agent in 2015

    Maurius Jeffery

    Marcus & Millichap

    (213) 943-1800

    2 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20126532

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90006 Pico-Union

1214 S Mariposa Ave, Los Angeles, CA

This home is located at 1214 S Mariposa Ave, Los Angeles, CA 90006 since 29 June 2020. This property was built in 1917. 1214 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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