Property Detail

514 Mariposa

Los Angeles CA 90020

$3,700,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Mark Ventre of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-06-10 08:11:30.000000. Listing information © 2025 CRMLS.

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