514 Mariposa, Los Angeles CA 90020 | $3,995,000

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0 bedrooms
0 bathrooms
0 Sq Ft
0 Lot Sq Ft
Type:
Stories: 2
Year Built: 1960
MLS#: 26654821
Community: C17 - Mid-Wilshire

Listing provided courtesy of Mark Ventre of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-04-19 08:26:00.000000. Listing information © 2025 SANDICOR.

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Originally built in 1960, Mariposa514 offers the curb appeal and efficient layouts of a classic mid-century asset paired with modern systems and interior finishes. The unit mix includes 17 large one-bedrooms and 2 studios, totaling approximately 12,294 square feet on an 11,250 square foot LAR4-zoned lot. Renovated interiors feature quartz countertops, stainless steel appliances, split-system A/C, custom tile, and updated baths with deep soaking tubs. All units are separately metered for gas and electricity. The property includes shared laundry, ample natural light, and solid in-place tenancy. With no seismic retrofit obligation and a thoughtful renovation already executed, Mariposa514 is turnkey where it counts and still offers room to grow. The building has already undergone a substantial renovation program, with 12 of the 19 units upgraded to a luxury spec and achieving market-making rents that rival new construction, but at a meaningfully lower basis.

More Details

2 Stories

Parking Spots: 16.00

Asset Class: Multi-Family

Security Feature: Automatic Gate

Roof: Automatic Gate

Construction Materials: Wood Siding

Construction Materials: Stucco

Heating: Wall Furnace

David Piper

Call or Text: 858-525-5007

DRE# 02021985

Berkshire Hathaway HomeServices California Properties
16969 Bernardo Center Drive
San Diego, CA 92128

Phone: 858-525-5007 | Send a Message | DRE#: 02021985

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