We are pleased to present a ten (10) unit apartment building located at 1205 S Mariposa Avenue in Los Angeles, California. The subject property is located in a solid Pico Union location, north of Pico Blvd and east of Normandie Ave. Built in 1926, this property consists of a good unit mix of six (6) studios and four (4) one-bedroom units. It offers a very strong initial caprate of 6.49%, presenting an attractive investment opportunity with solid returns. The character Spanish-style bungalows are gated and secure, with a center courtyard and easily maintained landscaping. There is also ample street parking available for both tenants and visitors. Positioned adjacent to Koreatown, the property provides convenient access to major commercial corridors like Vermont Avenue, Western Avenue, and Wilshire Boulevard, as well as the 10, 110, and 101 freeways. With such close proximity to the Koreatown commercial corridor, tenants can enjoy nearby amenities such as The Wiltern, CGV Cinemas, Koreatown Galleria, and Park's BBQ. Additionally, outdoor recreation options like Seoul International Park and Normandie Recreation Center are located nearby, making this a desirable investment opportunity. Situated in a solid Pico Union location, this property offers a strong initial cap rate of 6.49% as well as easy access to key amenities and transit options nearby.
Sold for $1,475,000 on 08/04/25
$1,475,000
1205 S Mariposa Ave, Los Angeles, CA 90006
4beds
10baths
4,380sqft
Multi Family
Built in 1926
-- sqft lot
$1,404,900 Zestimate®
$337/sqft
$2,751 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 03:26am
Listed by:
Jason Tuvia DRE # 01772495 818-448-4415,
Marcus & Millichap 818-212-2700
Bought with:
Jason Tuvia, DRE # 01772495
Marcus & Millichap
Source: CLAW,MLS#: 25520575

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 10
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 4,380
- Total interior livable area: 4,380 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 2
Lot
- Size: 5,906 sqft
Details
- Additional structures: None
- Parcel number: 5078035002
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1926
Community & neighborhood
Location
- Region: Los Angeles
Services availability
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Estimated market value
$1,404,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,404,900