1415 Mariposa, Los Angeles, CA 90027

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1415 Mariposa,Los Angeles, CA 90027
$1,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: levon terzian
Office: hiline inc.
MLS#:SR26121368
Source:MLSListings

Price summary

  • Price:$1,600,000

About this home

Prime Redevelopment Opportunity – High-Density SB 79 Site with Approved ADU in Hollywood Outstanding opportunity to acquire a 4-unit apartment property positioned for significant redevelopment upside in one of Hollywood’s most desirable and transit-oriented residential neighborhoods. The existing improvements include two 2-bedroom / 2-bath units and two 1-bedroom / 1-bath units, all featuring formal living rooms, formal dining rooms, oversized kitchens, and private balconies. The property is located within a high-density residential zone qualifying for enhanced development incentives under California SB 79, allowing substantial residential density increases beyond base zoning standards. When paired with SB 35 ministerial approval pathways and SB 330 development streamlining and vested rights protections, this site offers a rare opportunity for by-right multifamily expansion with reduced entitlement risk and accelerated timelines. Approved plans for an additional 2-bedroom ADU...

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Home facts

  • Year built:1921
  • Listing ID #:SR26121368
  • Added:91 day(s) ago
  • Updated:September 02, 2026 at 04:14 PM

Rooms and interior

  • Flooring:Bamboo

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Year built:1921
  • Lot area:0.16 Acres
  • Lot Features:Level, Mid Block

Utilities

  • Water:District - Public, Hot Water

Finances and disclosures

  • Price:$1,600,000

Features and amenities

  • Laundry features:Dryer, Laundry Area
  • Amenities:Balcony or Patio

Parking

  • Parking description:Assigned Spaces
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