932 S Mariposa Avenue, Los Angeles, CA 90006
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
932 S Mariposa Avenue,Los Angeles, CA 90006
$2,295,000
- 5 Beds
- 16 Baths
- 8,496 sq. ft.
- Multi-family
- Active
Listed by:jason tuvia
Office:marcus & millichap
MLS#:25568039
Source:CRMLS
Price summary
- Price:$2,295,000
- Price per sq. ft.:$270.13
About this home
We are pleased to present a sixteen (16) unit apartment building located at 932 S Mariposa Avenue in Los Angeles, California. The subject property is located in an ideal Koreatown location, south of Wilshire Boulevard and west of Vermont Avenue. This well-maintained 16-unit multifamily property offers an excellent unit mix consisting of twelve (12) studios, three (3) one-bedroom units, and one (1) spacious two-bedroom unit - ideal for attracting a wide range of tenants. One (1) unit will be delivered vacant, presenting immediate leasing. With solid remaining rental upside, investors can benefit from long-term value growth. The gated property features attractive curb appeal, easily maintained landscaping, a security system, and an on-site laundry room for added tenant convenience. There is a communal balcony on the second floor, and ample street parking is available. Ideally located in the heart of Koreatown, the property provides dominant access to major commercial corridors such as Vermont Ave, Normandie Ave, Western Ave, and Wilshire Blvd. With a strong in-place cash flow reflected by a 8.39% cap rate and a prime centralized location in the heart of Koreatown, this property presents a compelling investment opportunity for buyers seeking both stability and long-term growth potential in one of Los Angeles' most active markets.
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Home facts
- Year built:1925
- Listing ID #:25568039
- Added:73 day(s) ago
- Updated:September 30, 2025 at 06:25 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:16
- Living area:8,496 sq. ft.
Structure and exterior
- Year built:1925
- Building area:8,496 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$2,295,000
- Price per sq. ft.:$270.13
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