Properties

Los Angeles, CA 90020 514 S Mariposa Avenue

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Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;
  • MLS# 26654821
  • 02/20/2026
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  • SQFT • 12,294

Home Details

Originally built in 1960, Mariposa514 offers the curb appeal and efficient layouts of a classic mid-century asset paired with modern systems and interior finishes. The unit mix includes 17 large one-bedrooms and 2 studios, totaling approximately 12,294 square feet on an 11,250 square foot LAR4-zoned lot. Renovated interiors feature quartz countertops, stainless steel appliances, split-system A/C, custom tile, and updated baths with deep soaking tubs. All units are separately metered for gas and electricity. The property includes shared laundry, ample natural light, and solid in-place tenancy. With no seismic retrofit obligation and a thoughtful renovation already executed, Mariposa514 is turnkey where it counts and still offers room to grow. The building has already undergone a substantial renovation program, with 12 of the 19 units upgraded to a luxury spec and achieving market-making rents that rival new construction, but at a meaningfully lower basis.
Presented By: Mark Ventre with Lyon Stahl Investment Real Estate, Inc.;

Interior Features for 514 S Mariposa Avenue

Bathrooms

Total Baths

Other Interior Features

Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

General for 514 S Mariposa Avenue

Building NameMariposa514
Cap Rate5.44
CityLos Angeles
Construction MaterialsStucco, Wood Siding
CountyLos Angeles
DirectionsHalf a block north of 6th Street and one block east of Normandie Ave.
HOA Fee$
HeatingWall Furnace
Lot Size Square Feet11254
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income225900
Number Of Units Total19
Possible UseMulti-Family
PostalCityLOS ANGELES
Property TypeCommercial Sale
Security FeaturesSecurity Gate
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Year2025
Year Built1960
ZoningLAR4

Exterior for 514 S Mariposa Avenue

Building Area Total12294
Lot Size Acres0.2584
Lot Size Area11254
Number of Buildings1
Total Parking16

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,150,000
MLS#26654821
List Date 02/20/2026
Property Type Commercial
Phone 888.795.6274
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