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1016 S Mariposa Ave Los Angeles, CA 90006

$1,590,000 Sold Price as of 02/07/2020

6 Beds
6 Baths
3,638 Sq.Ft.

Sold

$1,590,000 Sold Price as of 02/07/2020 Refinance Your Mortgage

Map preview of 1016 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1016 S Mariposa Ave Los Angeles, CA has 6 bedrooms, 6 bathrooms, 3,638 living square feet and 5,909 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BEAUTIFUL 6 UNIT APARTMENT LOCATED IN THE HEART OF KOREA TOWN. CLOSE TO SHOPPING, RESTAURANTS, ETC. ESTATES SALE, NO NEED TO COURT CONFIRMATION. SUBJECT TO INSPECT INSIDE, ESTATE SALE, DRIVE BY ONLY. ALL INFORMATION TO BE VERIFIED BY BUYER.

Listed by Ki Sung Han | BRE #00756930 | West Shores Realty, Inc.

Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 146

Home details

Lot Sq. Ft: 5,909
HOA Dues: $0/mo
Year built: 1959
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: SB19045558
City: Los Angeles
County: Los Angeles
Time on Site: 1206 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 1
# of Electric Meters: 6
# of Gas Meters: 6
# of Water Meters: 1

Unit Breakdown 1

# of Units: 6
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $4,400
Total Rent: $4,400
Pro Forma/Market Rent: $5,000

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $120,000
Net Operating Income: $75,000
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $45,000
Electric: $1,200
Gas/Fuel: $1,000
New Taxes: $18,000
Trash: $1,800
Insurance: $3,000
Professional Management: $5,000
Water/Sewer: $3,000

Property Details for 1016 S Mariposa Ave

Interior Features

Laundry Information

Has Laundry
See Remarks

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2

Lot Information

Lot Features: 6-10 Units/Acre
Lot Size Source: Assessor
Common Interest: Community Apartment

Property Information

Common Walls: No Common Walls
Total # of Units: 6
Parcel Number: 5078016021
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: S. OF OYMPIC BL/E. OF NORMANDIE AVE

Neighborhood Information

Community Features: Curbs, Sidewalks, Street Lights

View more facts & features

Local Los Angeles Agent

Sale History for 1016 S Mariposa Ave

Last sold for $1,590,000 on February 7th, 2020

February, 2020
Feb 7, 2020

Date

Sold

CRMLS: SB19045558

$1,590,000

Price
Jan 18, 2020

Date

Pending

CRMLS: SB19045558

$1,600,000

Price
Jul 27, 2019

Date

Active Under Contract

CRMLS: SB19045558

$1,600,000

Price
Jun 18, 2019

Date

Price Change

CRMLS: SB19045558

$1,600,000

Price
Mar 1, 2019

Date

Price Change

CRMLS: SB19045558

$3,000,000

Price
Mar 1, 2019

Date

Price Change

CRMLS: SB19045558

$1,600,000

Price
Mar 1, 2019

Date

Price Change

CRMLS: SB19045558

$3,000,000

Price
Feb 28, 2019

Date

Active

CRMLS: SB19045558

$1,600,000

Price
February, 2020
Feb 7, 2020

Date

Sold (Public Records)

Public Records

$1,590,000

Price
February, 2018
Feb 21, 2018

Date

Sold (Public Records)

Public Records

$200,000

Price

Tax History for 1016 S Mariposa Ave

Assessed Value (2020): $1,164,600

Year	Land Value	Improved Value	Assessed Value
2020	$877,200	$287,400	$1,164,600

Home Value Compared to the Market

This property vs the competition

1016 S Mariposa Ave sold on February 7, 2020 for 34.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $439.8 per/sqft which puts the price per square foot 41.75% lower than the current median sale per square foot for the city of Los Angeles.

About 1016 S Mariposa Ave

Detailed summary of property

1016 S Mariposa Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 3,638 living square feet, and sits on an approximately 5,909 square foot lot. 1016 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,590,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.45% higher than the current median priced home. Local homes that are currently for sale include 946 S Kingsley Dr, 1144 S Kingsley Dr and 1224-1226 Dewey Ave. While the average home in Los Angeles, CA is selling in 96 days, 1016 S Mariposa Ave has a days on market of 146 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1016 S Mariposa Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1016 S Mariposa Ave

Public county record property details

Beds: 8
Baths: 6
Year built: 1959
Sq. Ft.: 3,638
Lot Size: 5,909
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 23
APN: 5078-016-021

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$606

Median Sold Price

$690,000

Median Sold Price/Sq.Ft.

$600

Total Inventory

Median Sale to List Price %

98.71%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.