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1224 S Mariposa Ave, Los Angeles, CA 90006
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1224 S Mariposa Ave Los Angeles, CA 90006

$900,000 Sold Price as of 10/11/2019
  • 20 Beds
  • 10 Baths
  • 3,500 Sq.Ft.
Sold
$900,000 Sold Price as of 10/11/2019 Refinance Your Mortgage
Map preview of 1224 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1224 S Mariposa Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 3,500 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: Excellent Fourplex income property. 2Bedroom and 1Bath in each unit with parking spaces in the back. Washer/Dryer hookup in each unit.Long term tenants and great potential.

Listed by Charisma Guerrero | BRE #01757136 | Albania & Associates Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,904
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19509112
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $5,495
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: --
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,345
  • Total Rent: --
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: --
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.02
  • Gross Scheduled Income: --
  • Net Operating Income: $43,640
  • Gross Operating Income: $5,495
  • Improvements Total: $299,211
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1224 S Mariposa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 5078034022
Location / Neighborhood
Location Information
  • Directions: South of Olympic and Mariposa
View more facts & features

Local Los Angeles Agent

Sale History for 1224 S Mariposa Ave

Last sold for $900,000 on October 11th, 2019

  • October, 2019

  • Oct 11, 2019

    Date

    Sold

    CRMLS: 19509112

    $900,000

    Price

  • Sep 11, 2019

    Date

    Pending

    CRMLS: 19509112

    --

    Price

  • Sep 11, 2019

    Date

    Hold

    CRMLS: 19509112

    --

    Price

  • October, 2019

  • Oct 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • July, 2017

  • Jul 11, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1224 S Mariposa Ave

Assessed Value (2020): $900,000
Year Land Value Improved Value Assessed Value
2020 $660,000 $240,000 $900,000

Home Value Compared to the Market

This property vs the competition

1224 S Mariposa Ave sold on October 11, 2019 for 15.93% lower 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 $271.43 per/sqft which puts the price per square foot 64% lower than the current median sale per square foot for the city of Los Angeles.

About 1224 S Mariposa Ave

Detailed summary of property

1224 S Mariposa Ave is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 3,500 living square feet, and sits on an approximately 5,904 square foot lot. 1224 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $900,000. 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 15.93% lower than the current median priced home. Local homes that are currently for sale include 1427 W 28th St, 1137 S Union Ave and 1719 W 35th St. 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 1224 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 1224 S Mariposa Ave

Public county record property details
Beds
8
Baths
4
Year built
1925
Sq. Ft.
3,500
Lot Size
5,903
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5078-034-022

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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