LOCALLA

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For Sale

$3,700,000

17 beds · 19 baths · 12,294 sqft

514 Mariposa Ave Los Angeles CA 90020

Residential Income

Built 1960

N/A

$301/sqft

No HOA

N/A

What's Special

Swimming Pool17 Parking SpacesVinyl Plank FloorsCeiling fanDishwasherGarbage disposalMicrowaveRangeOven

Twelve of the nineteen units have been fully renovated to a high-end specification, quartz countertops, stainless appliances, split-system A/C, hardwood-style flooring, and updated baths. The remaining units present a clear, repeatable renovation path with approximately 20% rental upside. At full market rents the cap rate expands from 6.02% to 8.96%, one of the most compelling current-to-market spreads available in mid-market Koreatown.

Days On Market: 92

Listing updated: September 21, 2026 at 10:48 PM

Listed by: Mark Ventre DRE #01811490, Lyon Stahl Investment Real Estate, Inc.

mark.ventre@lyonstahl.com

Source: CLAW    MLS#: 26844845

Features & Facts

Interior

  • Bedrooms: 17
  • Bathrooms: 19
  • Square Feet: 12294
  • Year Built: 1960
  • Flooring: Vinyl Plank

Tour with Localla

LOCALLA was built by Tony O'Brien, a REALTOR with The Sher Group, to give buyers a direct and transparent way to search and tour homes. No selling your data. No partner agents. Just Tony.

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The Sher Group and Tony O'Brien are not mortgage brokers or lenders and do not provide financing. If you opt in, we may refer you to a third-party licensed mortgage professional. We do not guarantee loan approval, rates, or terms.

MLS

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW) as of 9/22/2026, 9:38:37 PM. 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.

Tony O'Brien DRE #02200838 | The Sher Group DRE #02022464

Equal Housing Opportunity