1211 S Mariposa Ave, Los Angeles, CA 90006
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1211 S Mariposa Ave Los Angeles, CA 90006

$1,420,000 Sold Price as of 06/21/2023
  • 10 Beds
  • 5 Baths
  • 4,142 Sq.Ft.
Sold
$1,420,000 Sold Price as of 06/21/2023 Refinance Your Mortgage

Map preview of 1211 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1211 S Mariposa Ave Los Angeles, CA has 10 bedrooms, 5 bathrooms, 4,142 living square feet and 5,906 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: It is our pleasure to present 5-unit multi-family property in PICO-UNION. This 5-unit investment property is located in a highly desirable neighborhood where there is tremendous rental potential. The upside of the property is that 3 of 5 units are leased while 2 are currently owner occupied but the 2 units will be delivered vacant upon close of escrow. Opportunity to maximize returns with 5 units at market rents. The owner recently completed with the City of Los Angeles and the Soft Story Retrofit. Tenants enjoy the comfort of being conveniently located to transportations and access to freeways. The property is well maintained with many updates and upgrades in recent years, including double pane windows, exterior paint. Laundry room on-site. Private parking for all units. Don't miss out on this excellent opportunity for investment! It won't last long!

Listed by MICHAEL CHOI | BRE #01341518 | GEORGE MICHAEL REALTY
Last checked: 2 minutes ago | Last updated: June 21st, 2023 | Source CRMLS | DOM: 86

Home details

Lot Sq. Ft
5,906
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
MB23032684
City
Los Angeles
County
Los Angeles
Time on Site
489 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,100
  • Net Operating Income: $3,608
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,492
  • Electric: $100
  • Gas/Fuel: $100
  • Trash: $381
  • Gardener: $30
  • Insurance: $281
  • Professional Management: $0
  • Water/Sewer: $600

Property Details for 1211 S Mariposa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Oven
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5078035003
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North of Pico Blvd. East of Irolo street.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1211 S Mariposa Ave

Last sold for $1,420,000 on June 21st, 2023
  • June, 2023

  • Jun 21, 2023

    Date

    Sold

    CRMLS: MB23032684

    $1,420,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: MB23032684

    $1,575,000

    Price

  • October, 2007

  • Oct 11, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1211 S Mariposa Ave

Assessed Value (2020): $663,504
Year Land Value Improved Value Assessed Value
2020 $476,552 $186,952 $663,504

Home Value Compared to the Market

This property vs the competition

1211 S Mariposa Ave sold on June 21, 2023 for 32.74% 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 $362.14 per/sqft which puts the price per square foot 51.97% lower than the current median sale per square foot for the city of Los Angeles.

About 1211 S Mariposa Ave

Detailed summary of property

1211 S Mariposa Ave is a apartment that recently sold in Los Angeles, CA 90006. This apartment offered 10 bedrooms, 5 bathrooms, roughly 4,142 living square feet, and sits on an approximately 5,906 square foot lot. 1211 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on February 27, 2023. The homeowner sold the property for $1,420,000. 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 32.74% higher than the current median priced home. Local homes that are currently for sale include 946 S Kingsley Dr, 920 S Kenmore Ave and 848 S Normandie Ave. While the average home in Los Angeles, CA is selling in 99 days, 1211 S Mariposa Ave has a days on market of 86 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 1211 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 1211 S Mariposa Ave

Public county record property details
Beds
10
Baths
5
Year built
1968
Sq. Ft.
4,142
Lot Size
5,906
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5078-035-003

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%)

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Related Resources to 1211 S Mariposa Ave

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.