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1157 S Mariposa Ave, Los Angeles, CA 90006
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1157 S Mariposa Ave Los Angeles, CA 90006

$2,490,000 Sold Price as of 05/06/2019
  • 48 Beds
  • 40 Baths
  • 5,280 Sq.Ft.
Sold
$2,490,000 Sold Price as of 05/06/2019 Refinance Your Mortgage
Map preview of 1157 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1157 S Mariposa Ave Los Angeles, CA has 48 bedrooms, 40 bathrooms, 5,280 living square feet and 5,904 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attn to All Investors:Now Available, Newly Built, Multi-Family Investor Property in the Prime Mid-Wilshire neighborhood. These homes express a contemporary look with many windows to provide natural sunlight. A highly coveted opportunity to live in one unit and generate lucrative income from 3 additional units that are rent control free per Zimas. Minutes away from other highly rated neighborhoods including Silver Lake, DTLA, and Hollywood. Nearby colleges and universities includes University of Southern California, FIDM, and Southwestern Law School.

Listed by Julie Olsen | BRE #01435744 | Olsen Realty
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
5,904
HOA Dues
$0/mo
Year built
2018
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
OC19021290
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 12
  • # of Baths: 10
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1157 S Mariposa Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Estimated
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5078020013
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Other Subdivision Name: ELECTRIC RAILWAY HOMESTEAD ASSN
  • Directions: Corner of S Mariposa Ave and W 12th St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1157 S Mariposa Ave

Last sold for $2,490,000 on May 6th, 2019

  • March, 2020

  • Mar 4, 2020

    Date

    Canceled

    CRMLS: 20543488

    $3,200

    Price

  • Feb 13, 2020

    Date

    Price Change

    CRMLS: 20543488

    $3,200

    Price

  • Jan 13, 2020

    Date

    Active

    CRMLS: 20543488

    $3,400

    Price

  • Listing provided courtesy of CRMLS

    NEW BUILT TOWNHOUSE WITH CONTEMPORARY DESIGN, 3 BED+2.5 BATH. VERY BRIGHT & CORNER UNIT! MANY WINDOWS TO PROVIDE NATURAL SUNLIGHT.HIGHLY COVETED OPPORTUNITY TO LIVE WITH HIGHLY RATED NEIGHBORHOOD INCLUDING SILVER LAKE, DTLA, AND HOLLYWOOD. LAMINATED FLOOR, RECESSED LIGHTING.THE PROPERTY ADDRESS COULD BE 1157 S. MARIPOSA AVE. BUILT 2019!

  • May, 2019

  • May 9, 2019

    Date

    Sold

    CRMLS: OC19021290

    $2,490,000

    Price

  • Mar 18, 2019

    Date

    Pending

    CRMLS: OC19021290

    $2,500,000

    Price

  • Feb 27, 2019

    Date

    Price Change

    CRMLS: OC19021290

    $2,500,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: OC19021290

    $2,600,000

    Price

  • May, 2019

  • May 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,490,000

    Price

  • December, 2017

  • Dec 30, 2017

    Date

    Sold

    CRMLS: 17284080

    $800,000

    Price

  • Nov 21, 2017

    Date

    Pending

    CRMLS: 17284080

    $775,000

    Price

  • Nov 11, 2017

    Date

    Active

    CRMLS: 17284080

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the the heart of Korea town and very close to USC. Tax records hows 3 bedroom 1 bath but home actually has 4 bedrooms, 2.5 baths that includes additional unit in back. The additional parts of home are not permitted but home shows much potential for investors.

  • December, 2017

  • Dec 13, 2017

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: SR17103269

    $799,000

    Price

  • Jul 24, 2017

    Date

    Active

    CRMLS: SR17103269

    $799,000

    Price

  • Jul 17, 2017

    Date

    Pending

    CRMLS: SR17103269

    $799,000

    Price

  • Jun 22, 2017

    Date

    Active

    CRMLS: SR17103269

    $799,000

    Price

  • Jun 15, 2017

    Date

    Pending

    CRMLS: SR17103269

    $799,000

    Price

  • May 19, 2017

    Date

    Active Under Contract

    CRMLS: SR17103269

    $799,000

    Price

  • May 11, 2017

    Date

    Active

    CRMLS: SR17103269

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Extremely spacious 1,757 Sq Ft 3 Bedrooms 2 Bathroom with 5,888 Lot sized Single Family house in great location!! This property actually has 5 bedrooms and 5 bathrooms with additional sq ft in the back area. Come and see this Fabulous open floor plan property with hardwood floors. Huge kitchen with eat-in area and Magnificent backyard with Tasty fruit trees. Detached 2 car garage. Seller is very motivated. Submit all offers!! Owner will entertain all offers!!

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Tax History for 1157 S Mariposa Ave

Assessed Value (2020): $2,539,800
Year Land Value Improved Value Assessed Value
2020 $1,530,000 $1,009,800 $2,539,800

Home Value Compared to the Market

This property vs the competition

1157 S Mariposa Ave sold on May 6, 2019 for 121.24% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $473.48 per/sqft which puts the price per square foot 37.2% lower than the current median sale per square foot for the city of Los Angeles.

About 1157 S Mariposa Ave

Detailed summary of property

1157 S Mariposa Ave is a duplex that recently sold in Los Angeles, CA 90006. This duplex offered 48 bedrooms, 40 bathrooms, roughly 5,280 living square feet, and sits on an approximately 5,904 square foot lot. 1157 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,490,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 121.24% higher than the current median priced home. Local homes that are currently for sale include 2951 Francis Ave, 1146 S Elden Ave and 2885 Francis Ave. While the average home in Los Angeles, CA is selling in 99 days, 1157 S Mariposa Ave has a days on market of 49 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1157 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 1157 S Mariposa Ave

Public county record property details
Beds
12
Baths
12
Year built
--
Sq. Ft.
5,633
Lot Size
5,903
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5078-020-013

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.
$604
Median Sold Price
$299,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), 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.

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