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514 S Mariposa AvenueLos Angeles, CA 90020

For Sale

$3,700,000

Smart Buyer Rebate $37,000

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.

Listed by Mark Ventre

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License #01811490

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Lyon Stahl Investment Real Estate, Inc.

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323-202-9741

Last updated June 08, 2026

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Source: CRMLS #26844845

Listing Facts

  • TypeMulti-family
  • NeighborhoodChapman Park
  • Bedrooms17
  • Days on Prevu8
  • Size12,294 sqft
  • Price per sqft$301

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

06/08/2026
Listed by Lyon Stahl Investment Real Estate, Inc.
$3,700,000

Property Details for 514 S Mariposa Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 19
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows
  • Year Built: 1960
  • Entry Location: Ground Level w/steps

Measurements

  • Building Area Total: 12,294
  • Lot Size Acres: 0.25
  • Lot Size Area: 11,254
  • Lot Size Square Feet: 11,254
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.02
  • Gross Income: $405,105.00

Taxes

  • Parcel Number: 5502019006

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Range Hood
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 12,294

Rooms

  • Bathrooms Total Integer: 19
  • Bedrooms Total: 17

Parking

Parking

  • Parking Features: Covered, Gated
  • Parking Total: 17

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Common Area

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 17 bedrooms in this multi-family home at 514 S Mariposa Avenue.

Does this multi-family home have parking?

Yes, there are 17 parking spaces available for 514 S Mariposa Avenue.

How does 514 S Mariposa Avenue compare to other multi-family homes in Chapman Park?

This multi-family home is listed 37% below the average price for multi-family homes in Chapman Park and has been on the market for 99 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 12,294 sqft.

514 S Mariposa Avenue is a 17-bedroom multi-family home for sale in Los Angeles CA 90020. On Prevu for 8 days at $3,700,000. This property features 12,294 square feet of living space, located in Los Angeles. The median listing price for multi-family homes in this area is $839,000. Additional amenities include dishwasher and parking. Explore more multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.