147 N Mariposa Ave, Los Angeles, CA 90004
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147 N Mariposa Ave Los Angeles, CA 90004

$1,560,000 Sold Price as of 04/09/2021
  • 9 Beds
  • 9 Baths
  • 6,210 Sq.Ft.
Sold
$1,560,000 Sold Price as of 04/09/2021 Refinance Your Mortgage

Map preview of 147 N Mariposa Ave, Los Angeles, CA 90004

Property Overview: 147 N Mariposa Ave Los Angeles, CA has 9 bedrooms, 9 bathrooms, 6,210 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 147 North Mariposa Ave is a 6,210 square foot 8 unit apartment building composed of one Single, six 1+1 units and one 3+1 unit. The subject property is separately metered for gas and electricity and each unit averages 775 square feet. There are five onsite parking spaces, onsite laundry and seismic retrofitting requirements were recently completed. The property has copper plumbing and is situated on a 5,999 square foot lot and zoned LAR4. All tenants have paid through covid and are current at this time.This building is well located in the desirable Koreatown area of Los Angeles in a QUALIFIED OPPORTUNITY ZONE. The property is one block east of Normandie Avenue and just south of Beverly Blvd. It is conveniently located near the 101 freeway and approximately a quarter mile away from the Metro Red Line Vermont/Beverly station. It is deemed "very walkable," earning a walkability score of 87.

Listed by Nicole Apostolos | BRE #01464936 | Keller Williams Realty Encino-Sherman Oa
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21687676
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $928
  • Total Rent: $928
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,027
  • Total Rent: $6,432
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,825
  • Total Rent: $1,825
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.36
  • Gross Scheduled Income: --
  • Net Operating Income: $55,399
  • Gross Operating Income: $108,088
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 147 N Mariposa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Attached Carport, Covered
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 8
  • Parcel Number: 5518005012
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd. East of Normandie Ave.
View more facts & features

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Sale History for 147 N Mariposa Ave

Last sold for $1,560,000 on April 9th, 2021
  • April, 2021

  • Apr 21, 2021

    Date

    Sold

    CRMLS: 21687676

    $1,560,000

    Price

  • Feb 17, 2021

    Date

    Pending

    CRMLS: 21687676

    $1,600,000

    Price

  • Feb 1, 2021

    Date

    Active

    CRMLS: 21687676

    $1,600,000

    Price

  • March, 2019

  • Mar 2, 2019

    Date

    Expired

    CRMLS: CV18048510

    $1,700,000

    Price

  • May 16, 2018

    Date

    Active

    CRMLS: CV18048510

    $1,700,000

    Price

  • Apr 21, 2018

    Date

    Pending

    CRMLS: CV18048510

    $1,700,000

    Price

  • Mar 2, 2018

    Date

    Active

    CRMLS: CV18048510

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the Mid-Wilshire District of Los Angeles you will find very well maintained and in great condition you will find these 8 unit apartment with strong rental market, great unit mix, centrally located, secure and gated parking. Property is just one block East of Normandine Ave, West of Vermont Avenue, South of Beverly and North of Wilshire Boulevard. The mix consist in (1) three bedrooms 1 bath, (6) one bedroom 1 bath and (1) studio. There is a Laundry facility as well for the tenants convenience. Close to Schools, transportation, shopping, parks and easy access to 101 freeway.

  • September, 2008

  • Sep 4, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2006

  • Aug 28, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 147 N Mariposa Ave

Assessed Value (2020): $1,351,192
Year Land Value Improved Value Assessed Value
2020 $984,339 $366,853 $1,351,192

Home Value Compared to the Market

This property vs the competition

147 N Mariposa Ave sold on April 9, 2021 for 34.45% 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 $257.65 per/sqft which puts the price per square foot 65.87% lower than the current median sale per square foot for the city of Los Angeles.

About 147 N Mariposa Ave

Detailed summary of property

147 N Mariposa Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 6,210 living square feet, and sits on an approximately 5,999 square foot lot. 147 N Mariposa Ave was first listed on ArdentRealEstateGroup.com on February 1, 2021. The homeowner sold the property for $1,560,000. 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 34.45% higher than the current median priced home. Local homes that are currently for sale include 5324 Monroe St, 1000 N Oxford Ave and 1027 N Edgemont St. While the average home in Los Angeles, CA is selling in 94 days, 147 N Mariposa Ave has a days on market of 16 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 147 N Mariposa Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 147 N Mariposa Ave

Public county record property details
Beds
9
Baths
9
Year built
1958
Sq. Ft.
6,210
Lot Size
5,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
F
APN
5518-005-012

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Related Resources to 147 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.