Listed at a 7.09% CAP Rate and 7.61 GRM based on in-place income, the property offers investors strong immediate cash flow with the added opportunity to recapture approximately 36% in rent upside. The property's electrical system has been upgraded, with a new main panel and new subpanels, saving a new owner from maintenance, insurance, and inefficient utility costs. Attractively priced when compared to similar recent sales, the building is being offered for $124,688 per unit while similar assets have been selling for an average of $151,782 per unit in 2025. Because the building is not on the Los Angeles Department of Building and Safety's seismic retrofit list, a new owner can save significant funds from otherwise costly seismic repairs (Buyer to verify). Situated just south of 8th Street, the property offers tenants proximity to the abundant dining and shopping options throughout Koreatown, in addition to job centers in Downtown Los Angeles and the nearby University of Southern California. Residents also enjoy convenient access to the 110, 10, and 101 Freeways, while the Metro B Line and D Line subways, along with several Metro bus stops, are all within blocks of the property. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.
Listed by Roderick 'Rick' Raymundo
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License #01357019
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Marcus & Millichap
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213-943-1855
Last updated October 22, 2025
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Source: CRMLS #25606069
Listing Facts
TypeMulti-family
NeighborhoodWilshire Center - Koreatown
Bedrooms5
Days on Prevu8
Size8,272 sqft
Price per sqft$241
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/14/2025
Listed by Marcus & Millichap
$1,995,000
Property Details for 910 S Mariposa Avenue
Exterior
Construction
Number Of Units Total: 16
Stories: 2
Stories Total: 2
Year Built: 1925
Measurements
Building Area Total: 8,272
Lot Size Acres: 0.14
Lot Size Area: 6,411
Lot Size Dimensions: 50,128
Lot Size Source: Assessor
Lot Size Square Feet: 6,411
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.09
Gross Income: $261,540.00
Taxes
Parcel Number: 5094022025
Interior
Measurements
Living Area: 8,272
Rooms
Bathrooms Total Integer: 16
Bedrooms Total: 5
Parking
Parking
Parking Features: Assigned
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.
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.