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910 S Mariposa AvenueLos Angeles, CA 90006

For Sale

$1,995,000

Smart Buyer Rebate $19,950

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.

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.