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1126 S Mariposa Ave, Los Angeles, CA 90006
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1126 S Mariposa Ave Los Angeles, CA 90006

$1,390,000
  • 9 Beds
  • 6 Baths
  • 1,886 Sq.Ft.
For Sale
$1,390,000 Get Pre-Qualified
Map preview of 1126 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1126 S Mariposa Ave Los Angeles, CA has 9 bedrooms, 6 bathrooms, 1,886 living square feet and 5,906 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to 1126 S Mariposa Ave, opportunity in Koreatown's R3 zone: a 2-unit income property awaits at $1.39 million. This investment promises both immediate returns and future potential. Each unit offers an exceptional modern amenities, attracting tenants who are seeking convenience and comfort. With Koreatown's allure and amazing location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate, this property stands as a lucrative asset. Don't miss out on this rare opportunity - schedule your showing today!

Listed by Litta Lee | BRE #01094655 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 35
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Home details

Lot Sq. Ft
5,906
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24370087
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: --
  • Net Operating Income: $48,200
  • Gross Operating Income: $76,800
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1126 S Mariposa Ave

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Property Details for 1126 S Mariposa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 2
  • Parcel Number: 5078021021
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 11th St and Mariposa Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1126 S Mariposa Ave

Last leased for $2,700 on October 23rd, 2019

  • March, 2024

  • Mar 21, 2024

    Date

    Active

    CRMLS: 24370087

    $1,390,000

    Price

  • October, 2019

  • Oct 23, 2019

    Date

    Leased

    CRMLS: 19521098

    $2,700

    Price

  • Oct 17, 2019

    Date

    Active

    CRMLS: 19521098

    $2,900

    Price

  • Listing provided courtesy of CRMLS

    Location!Location!!Location!!! This is 2 units single house located in Korea Town. 3Beds + 2Baths + 2Parkings. No refrigerator and washer & dryer.

  • April, 2013

  • Apr 17, 2013

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

  • September, 2011

  • Sep 22, 2011

    Date

    Sold (Public Records)

    Public Records

    $381,500

    Price

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Tax History for 1126 S Mariposa Ave

Assessed Value (2020): $596,766
Year Land Value Improved Value Assessed Value
2020 $484,170 $112,596 $596,766

Home Value Compared to the Market

This property vs the competition

1126 S Mariposa Ave is listed 13.47% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $737.01 per/sqft which puts the price per square foot 4.78% lower than the median price per square foot for the city of Los Angeles.

About 1126 S Mariposa Ave

Detailed summary of property

1126 S Mariposa Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 9 bedrooms, 6 bathrooms, roughly 1,886 living square feet, and sits on an approximately 5,906 square foot lot. 1126 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,390,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.47% higher than the median priced home. Local competing homes currently for sale include 1326 S Mariposa Ave, 926 S Mariposa Ave and 926 S Ardmore Ave. While the average home in Los Angeles, CA is selling in 96 days, 1126 S Mariposa Ave has a days on market of 35 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 1126 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 1126 S Mariposa Ave

Public county record property details
Beds
3
Baths
2
Year built
1923
Sq. Ft.
1,886
Lot Size
5,905
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5078-021-021

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
32
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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.

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