1309 N Mariposa Ave, Los Angeles, CA 90027
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1309 N Mariposa Ave Los Angeles, CA 90027

$1,385,000 Sold Price as of 02/03/2020
  • 0 Beds
  • 0 Baths
  • 2,938 Sq.Ft.
Sold
$1,385,000 Sold Price as of 02/03/2020 Refinance Your Mortgage

Map preview of 1309 N Mariposa Ave, Los Angeles, CA 90027

Property Overview: 1309 N Mariposa Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,938 living square feet and 8,071 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: VACANT 4-unit property in an Opportunity Zone of East Hollywood. Rare chance to own an investment property, rehab and chose your tenants, or build a ground-up development. While this property can serve well as an owner/user investment, due to its approximate 8,071 square foot lot, it may also be possible for investors and developers to turn this R3-zoned parcel into a multi-story residential property development. The current 2,938 square foot building is vacant and consists of 4 units: three units are 1 bed/1 bath, while the back unit consists of a larger 2 bed/2 bath residence. One of the most dynamic Los Angeles neighborhoods in which a developer can take advantage of, with an extremely high demand for residential rental units. Located minutes from the trendy Silver Lake, Echo Park, Los Feliz, and Virgil Village; areas that are experiencing a major increase in luxury residential and commercial property developments. Along with being in close proximity to nearby studios, entertainment entities/ employers, bars, restaurants, and neighborhood amenities, it is also within walking distance from the new Netflix office.

Listed by Jack Holwahjian | BRE #01800853 | Huntington Group
Co-listed by Abdo Faissal | BRE #02090175 | Huntington Group
Last checked: 14 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
8,071
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
320000093
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 2
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Unit Breakdown 3
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Unit Breakdown 4
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Unit Breakdown 5
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Unit Breakdown 6
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Unit Breakdown 7
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Unit Breakdown 8
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Unit Breakdown 9
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Unit Breakdown 10
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Unit Breakdown 11
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Unit Breakdown 12
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Unit Breakdown 13
  • # of Units: --
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  • # of Baths: 0
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 1309 N Mariposa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Carpet, Laminate
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Carport, Garage - Two Door, Pull-through, Tandem Covered
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5543027013
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: N Mariposa Ave and Fountain Ave
View more facts & features

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Sale History for 1309 N Mariposa Ave

Last sold for $1,385,000 on February 3rd, 2020
  • February, 2020

  • Feb 4, 2020

    Date

    Sold

    CRMLS: 320000093

    $1,385,000

    Price

  • Jan 30, 2020

    Date

    Pending

    CRMLS: 320000093

    $1,399,000

    Price

  • Jan 14, 2020

    Date

    Active Under Contract

    CRMLS: 320000093

    $1,399,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: 320000093

    $1,399,000

    Price

  • February, 2020

  • Feb 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,385,000

    Price

Show More

Tax History for 1309 N Mariposa Ave

Assessed Value (2020): $490,228
Year Land Value Improved Value Assessed Value
2020 $400,193 $90,035 $490,228

Home Value Compared to the Market

This property vs the competition

1309 N Mariposa Ave sold on February 3, 2020 for 17.56% 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 $476.17 per/sqft which puts the price per square foot 36.93% lower than the current median sale per square foot for the city of Los Angeles.

About 1309 N Mariposa Ave

Detailed summary of property

1309 N Mariposa Ave is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered -- bedrooms, -- bathrooms, roughly 2,938 living square feet, and sits on an approximately 8,071 square foot lot. 1309 N Mariposa Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,385,000. 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 17.56% higher than the current median priced home. Local homes that are currently for sale include 810 N Hobart Blvd, 741 N Harvard Blvd and 800 N Hobart Blvd. While the average home in Los Angeles, CA is selling in 94 days, 1309 N Mariposa Ave has a days on market of 23 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1309 N Mariposa Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1309 N Mariposa Ave

Public county record property details
Beds
5
Baths
4
Year built
1922
Sq. Ft.
2,938
Lot Size
8,101
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5543-027-013

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Related Resources to 1309 N 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.