1326 S Mariposa Ave Los Angeles, CA 90006

$1,500,000
  • -- Beds
  • -- Baths
  • 14,400 Sq.Ft.
For Sale
$1,500,000 Get Pre-Qualified

Map preview of 1326 S Mariposa Ave, Los Angeles, CA 90006

Property Overview: 1326 S Mariposa Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 14,400 living square feet and 6,503 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: 8 Units RTI Development opportunity on an R-3 zoned lot near downtown Los Angeles Crypto Center, Koreatown, and Pico-Union, with easy access to the freeway: Sold with approved plans and permits for a 4-floor construction with ground-level parking, offering a total living area of 14,400 ft.² The previous property has been demolished, making it an ideal prospect for investors and developers seeking a prime location with high rental demand potential.

Listed by Behrouz Lavi | BRE #01482721 | Keller Williams Realty-Studio City
Last checked: 8 minutes ago | Last updated: March 2nd, 2024 | Source CRMLS | DOM: 104
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Home details

Lot Sq. Ft
6,503
HOA Dues
$0/mo
Year built
1895
Garage
1 Car
Property Type:
Apartment
Status
Active
MLS#
SR24041767
City
Los Angeles
County
Los Angeles
Time on Site
120 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 8
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
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 1326 S Mariposa Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 5075008010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Normandie, South of Pico Blvd
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 1326 S Mariposa Ave

Last sold for $1,300,000 on June 26th, 2019
  • February, 2024

  • Feb 29, 2024

    Date

    Active

    CRMLS: SR24041767

    $1,500,000

    Price

  • November, 2023

  • Nov 1, 2023

    Date

    Expired

    CRMLS: SR23041397

    $1,600,000

    Price

  • Mar 12, 2023

    Date

    Active

    CRMLS: SR23041397

    $1,499,000

    Price

  • Listing provided courtesy of CRMLS

    Unique development opportunity to purchase this 6500 Sqft R-3 Lot (Delivered RTI) Near Crypto center, Korea town, Downtown Los Angeles and 10 freeway in the heart of Pico Union Neighborhood. The city of Los Angeles has approved the plan for an 8-unit development with NO Low-income units and No Underground parking. Spacious Apartments and a great mix of 5 two bedrooms, 1 three bedrooms, and 2 studios Apartments. Three stories above the parking with a roof deck top.

  • June, 2019

  • Jun 27, 2019

    Date

    Sold

    CRMLS: 19455348

    $1,300,000

    Price

  • Apr 25, 2019

    Date

    Active Under Contract

    CRMLS: 19455348

    $1,300,000

    Price

  • Apr 15, 2019

    Date

    Price Change

    CRMLS: 19455348

    $1,300,000

    Price

  • Apr 15, 2019

    Date

    Active

    CRMLS: 19455348

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    Brand new Building Planned and permits in process. 15 - 1 bedroom units planned. Projected income is $2160/unit/ month. Projected gross income estimated a $373,694 annually. 2 affordable units will be built per developer/owner. Ground level parking. Renderings based on plans. Demolition permits in process. Plans are submitted for review. Located in NMTC zone for tax advantages. Buildings in place at present. Demolition permits expected soon.

  • June, 2019

  • Jun 26, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,300,000

    Price

  • September, 2018

  • Sep 28, 2018

    Date

    Sold

    CRMLS: 18318382

    $865,000

    Price

  • Aug 8, 2018

    Date

    Pending

    CRMLS: 18318382

    $865,000

    Price

  • Jun 12, 2018

    Date

    Active Under Contract

    CRMLS: 18318382

    $865,000

    Price

  • Jun 4, 2018

    Date

    Active

    CRMLS: 18318382

    $865,000

    Price

  • Jun 2, 2018

    Date

    Expired

    CRMLS: 18318382

    $865,000

    Price

  • Apr 19, 2018

    Date

    Active

    CRMLS: 18318382

    $865,000

    Price

  • Apr 13, 2018

    Date

    Active Under Contract

    CRMLS: 18318382

    $865,000

    Price

  • Feb 28, 2018

    Date

    Active

    CRMLS: 18318382

    $865,000

    Price

  • Listing provided courtesy of CRMLS

    Zoned R3. There are 2 buildings. The front house is a 4 bedroom, 1 Bath home. (1164 sf) FRONT UNIT DELIVERED VACANT. The rear building has a legal unit above the garage, 1 bedroom, 1 bath (600 sf) There is also a converted garage unit with 1 bedroom and 1 bath that is not reported in the public record. The public record accounts for 2 legal units. The Buyer is to investigate the actual permitted GLA. GLA is taken from the public record and not considered to be reliable or accurate. Rents are estimated. Buyer to confirm. Projected rents and gross income include the 3rd unit. HUGE UPSIDE. PERFECT FOR DEVELOPERS. Tours provided to Qualified Buyers.

  • September, 2018

  • Sep 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $865,000

    Price

  • August, 2017

  • Aug 27, 2017

    Date

    Sold

    CRMLS: 17247304

    $701,000

    Price

  • Jul 20, 2017

    Date

    Active Under Contract

    CRMLS: 17247304

    $687,500

    Price

  • Jul 3, 2017

    Date

    Active

    CRMLS: 17247304

    $687,500

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous Income Property tucked between two breathtakingly beautiful Greek and Roman Landmark Churches. Main house is 4 bedrooms (rented $1378), 2nd two story building includes a gorgeous upscale remodeled 1 BD Home w/hardwood floors & large granite counter island &gourmet open kitchen (rented $1036). 2nd building includes a 2 BD Guest suite w/fully remodeled bathroom (vacant, not permitted). Large 6500 sq ft fully fenced lot w/ private garden patio in backyard. Surrounded by sweet tasting fruit trees including a Lemon Tree, Orange Trees, Guave Tree and a juicy Kumquat Tree.2 car garage (separate units) with a full bathroom. Current rents are considerably under market rents $3500 and $2000+ respectively not including the additional guest quarters. Landmark churches are The Saint Sophia Greek Orthodox Cathedral (est. 1952 from Hollywood lore) and St. Thomas The Apostle Catholic Church (est. 1903), Located next to highly sought after private Loyola High School & steps to Normandie Park

  • June, 2017

  • Jun 26, 2017

    Date

    Canceled

    CRMLS: PW17132441

    $687,500

    Price

  • Jun 24, 2017

    Date

    Withdrawn

    CRMLS: PW17132441

    $687,500

    Price

  • Jun 19, 2017

    Date

    Price Change

    CRMLS: PW17132441

    $687,500

    Price

  • Jun 12, 2017

    Date

    Active

    CRMLS: PW17132441

    $6,875,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the Market! Rare opportunity to acquire 2 Units in this up and coming area. Front Unit is a spacious 4 Bedroom and 1 Bath, high ceiling and still has all charm character from before. Back Upstairs Unit is a 1 Bedroom 1 Bath, granite kitchen counters with a great layout. 2 Car garage below upstairs unit and long drive way for plenty of parking.

  • June, 2017

  • Jun 1, 2017

    Date

    Expired

    CRMLS: PW16719534

    $689,000

    Price

  • May 19, 2017

    Date

    Active

    CRMLS: PW16719534

    $689,000

    Price

  • Apr 13, 2017

    Date

    Pending

    CRMLS: PW16719534

    $689,000

    Price

  • Mar 22, 2017

    Date

    Price Change

    CRMLS: PW16719534

    $689,000

    Price

  • Dec 12, 2016

    Date

    Price Change

    CRMLS: PW16719534

    $749,000

    Price

  • Oct 16, 2016

    Date

    Price Change

    CRMLS: PW16719534

    $750,000

    Price

  • Oct 13, 2016

    Date

    Active

    CRMLS: PW16719534

    $819,000

    Price

  • Listing provided courtesy of CRMLS

    Back on the Market! Rare opportunity to acquire 2 Units in this up and coming area. Front Unit is a spacious 4 Bedroom and 1 Bath, high ceiling and still has all charm character from before. Back Upstairs Unit is a 1 Bedroom 1 Bath, granite kitchen counters with a great layout. 2 Car garage below upstairs unit and long drive way for plenty of parking.

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Tax History for 1326 S Mariposa Ave

Assessed Value (2020): $1,326,000
Year Land Value Improved Value Assessed Value
2020 $928,200 $397,800 $1,326,000

Home Value Compared to the Market

This property vs the competition

1326 S Mariposa Ave is listed 21.36% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $104.17 per/sqft which puts the price per square foot 86.56% lower than the median price per square foot for the city of Los Angeles.

About 1326 S Mariposa Ave

Detailed summary of property

1326 S Mariposa Ave is a apartment located in Los Angeles, CA 90006 and is currently for sale. This apartment offers -- bedrooms, -- bathrooms, roughly 14,400 living square feet, and sits on an approximately 6,503 square foot lot. 1326 S Mariposa Ave was first listed on ArdentRealEstateGroup.com on March 2, 2024. The homeowner is currently asking $1,500,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 21.36% higher than the median priced home. Local competing homes currently for sale include 1029 S Normandie Ave, 1116 S Berendo St and 2201 Cambridge St. While the average home in Los Angeles, CA is selling in 99 days, 1326 S Mariposa Ave has a days on market of 104 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 1326 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 1326 S Mariposa Ave

Public county record property details
Beds
5
Baths
2
Year built
1895
Sq. Ft.
1,764
Lot Size
6,500
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5075-008-010

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 1326 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.