Listing provided courtesy of Mark Ventre of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-06-19 08:11:19.000000. Listing information © 2026 CLAW.
Asking Price: $3,700,000
514 Mariposa, Los Angeles CA 90020
Community: C17 - Mid-Wilshire
This property was built in 1960 and is priced at $3,700,000. Please see the additional details below.
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.
