1415 Mariposa, Los Angeles, CA 90027
Local realty services provided by:ERA North Orange County Real Estate
1415 Mariposa,Los Angeles, CA 90027
$1,575,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: levon terzian
Office: hiline inc.
MLS#:SR26229177
Source:MLSListings
Price summary
- Price:$1,575,000
About this home
OWNER MAY CARRY - 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 are already in place, providing immediate near-term income upside while longer-term redevelopment options are explored. The zoning and statutory framework make this property ideal for unit count expansion, vertical addition, or full redevelopment, subject to buyer verification....
Contact an agent
Home facts
- Year built:1921
- Listing ID #:SR26229177
- Added:5 day(s) ago
- Updated:October 28, 2026 at 04:55 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:$1,575,000
Features and amenities
- Laundry features:Dryer, Laundry Area
- Amenities:Balcony or Patio
Parking
- Parking description:Assigned Spaces
New listings near 1415 Mariposa
- Coming SoonOpen Sun, 1 to 4pm
$2,749,000Coming Soon4 beds 3 baths2,439 sq. ft.11123 Hortense, Toluca Lake, CA 91602
MLS# SR26232296Listed by: COMPASS - Coming Soon
$297,700Coming Soon1 beds 1 baths759 sq. ft.17900 Sherman Way, Reseda, CA 91335
MLS# SR26231482Listed by: ALLISON JAMES ESTATES & HOMES - Coming SoonOpen Sun, 10am to 3pm
$475,000Coming Soon1 beds 1 baths1,090 sq. ft.1111 S Grand Avenue #904, Los Angeles, CA 90015
MLS# OC26228639Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$849,000Coming Soon3 beds 1 baths1,092 sq. ft.17854 Bessemer Street, Encino, CA 91316
MLS# PW26203202Listed by: CENTURY 21 ALLSTARS - Coming SoonOpen Fri, 11am to 1pm
$649,000Coming Soon4 beds 3 baths1,559 sq. ft.12120 Terra Bella Street #23, Pacoima, CA 91331
MLS# SR26231602Listed by: PINNACLE ESTATE PROPERTIES - Coming Soon
$1,050,000Coming Soon4 beds 3 baths2,010 sq. ft.10136 Gladbeck, Northridge, CA 91324
MLS# SR26231652Listed by: PARK REGENCY REALTY - Coming Soon
$410,000Coming Soon1 beds 1 baths735 sq. ft.100 S Alameda #279, Los Angeles, CA 90012
MLS# WS26231275Listed by: EXP REALTY OF CALIFORNIA INC - Coming Soon
$1,175,000Coming Soon4 beds 2 baths2,270 sq. ft.127 S Westlake Avenue, Los Angeles, CA 90057
MLS# 26104540Listed by: REAL BROKER - Coming Soon
$4,095,000Coming Soon4 beds 4 baths3,679 sq. ft.1906 Fairburn Avenue, Los Angeles, CA 90025
MLS# 26102701Listed by: COMPASS - Coming SoonOpen Sun, 12 to 4pm
$694,321Coming Soon4 beds 2 baths1,388 sq. ft.8912 Mettler, Los Angeles, CA 90003
MLS# PW26231477Listed by: VICKEN SERAYDARIAN, BROKER