351 S Mariposa Ave Los Angeles, CA 90020

$2,125,000 Sold Price as of 03/27/2018

11 Beds
8 Baths
7,938 Sq.Ft.

Off Market

$2,125,000 Sold Price as of 03/27/2018 Refinance Your Mortgage

Map preview of 351 S Mariposa Ave, Los Angeles, CA 90020

Property Overview: 351 S Mariposa Ave Los Angeles, CA has 11 bedrooms, 8 bathrooms, 7,938 living square feet and 8,757 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

351 S Mariposa Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 351 S Mariposa Ave

Last sold for $2,125,000 on March 27th, 2018

July, 2022
Jul 22, 2022

Date

Expired

CRMLS: 22145764

$2,400,000

Price
Apr 12, 2022

Date

Active

CRMLS: 22145764

$2,400,000

Price
Listing provided courtesy of CRMLS

351 S. Mariposa, an 8-unit value-add property, located in a central Koreatown location. Residing north of W. 6th Street, the subject property is within walking distance of reviewed restaurants, fast-casual eateries, shopping centers, grocery stores and nightlife. Built in 1953, this charming value-add property features (3) 2-Bdrm units and (5) 1-Bdrm units. 351 S. Mariposa presents a significant value-add opportunity as current rents are approx. 48% below market rates and there is an ADU (additional dwelling unit) in Plan-Check. Property amenities include a nicely landscaped courtyard, (2) single-car garages, covered parking in the rear and each unit is separately metered for gas and electricity.

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March, 2018
Mar 27, 2018

Date

Sold (Public Records)

Public Records

$2,125,000

Price
March, 2011
Mar 11, 2011

Date

Sold (Public Records)

Public Records

$975,009

Price

Tax History for 351 S Mariposa Ave

Assessed Value (2020): $2,210,850

Year	Land Value	Improved Value	Assessed Value
2020	$1,326,510	$884,340	$2,210,850

About 351 S Mariposa Ave

Detailed summary of property

351 S Mariposa Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90020 and last sold on March 27, 2018 for $2,125,000. This property has 11 bedrooms, 8 bathrooms, roughly 7,938 living square feet, and sits on an approximately 8,757 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 89.73% higher than the current median priced home. 351 S Mariposa Ave was last sold on March 27, 2018 for $2,125,000. Local nearby listings include 101 S Mariposa, 540 S Kenmore Ave #204 and 4118 W 2nd St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 351 S Mariposa Ave Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 351 S Mariposa Ave

Public county record property details

Beds: 11
Baths: 8
Year built: 1953
Sq. Ft.: 7,938
Lot Size: 8,757
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 22,23
APN: 5502-002-016

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$795,000

Median List Price/Sq.Ft.

$673

Median Sold Price

$661,000

Median Sold Price/Sq.Ft.

$656

Total Inventory

Median Sale to List Price %

94.56%

Avg Days on Market

Loan Type

Conventional (0%), FHA (11.11%), VA (0%), Cash (0%), Other (11.11%)

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