1147 South Mariposa Avenue

Los Angeles, CA 90006

$930,000
Price
3
Beds
4
Baths
1,913 Sq. Ft.
$486 / Sq. Ft.
1,913
Sq. Ft.
$486
per Sq. Ft.

Description

MUTOOF is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over 5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property...MUTOOF is pleased to present 1147 S Mariposa Ave, Los Angeles, CA 90006. Prime location for all owner-occupants, investors, and developers. Triplex on over 5,903 SF lot in the heart of Koreatown. Huge value-add opportunity 16.20% upside in rents. Upside redevelopment potential State Enterprise Zone and TOC (Transit Oriented Communities) Tier 3 location that allows increased residential density (R3-1 zoning). Exceptional triplex featuring updated interiors, plumbing, and electrical systems. The property offers hardwood floors, spacious living rooms, formal dining rooms, and a private entrance. Ample parking at both the front and back. Prime location near major transit stops, highways (I-10, I-110 & U. S. Route 101), shopping centers, entertainment, and nightlife. Just three miles west of Downtown Los Angeles, and four miles south of Hollywood. The subject property consists of total three (3) units totaling 1,913 SF on a sizable 5,903 SF lot. Mix of total one (1) 2beds/2baths unit and two (2) 1bed/1bath units. The triplex property to be sold "as-is" and can be delivered fully vacant. Do not disturb tenants. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
  1. Listed by John Ha • DRE #01983001 • Brokerage DRE #01983001 • MUTOOF®

Property Details for 1147 South Mariposa Avenue

Zoning
LAR3
Parcel Number
5078020011
Total Units
3.0
Living Area
1913
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
3
Lot Size Area
5905
LISTING UPDATED: 01/04/2025 12:55 PM

Property Details for 1147 South Mariposa Avenue

StatusActive
MLS #25-476602
Days on Market3
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1902
Lot Size0.14 AC / 5,905 SF
CountyLos Angeles County

Building Information for 1147 South Mariposa Avenue

Stories2Residences-Year Built1902Building Size-Lot Size0.14 AC / 5,905 SF

Property Information for 1147 South Mariposa Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 3
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $81,049
  • Net Operating Income: $62,382.00
  • Gross Income: $83,556
  • Gross Rent Multiplier: $11.13
  • Total Annual Expense: 18668
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1356
  • Lot Size Square Feet: 5905
  • Lot Size Dimensions: 46x128
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 2
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dryer, Washer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-04-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,065.00
  • Unit Actual Rent: $2,065.00
  • Unit Projected Rent: $2,065.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,833.00
  • Unit Actual Rent: $2,833.00
  • Unit Projected Rent: $2,833.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,670.00
  • Unit Actual Rent: $2,065.00
  • Unit Projected Rent: $2,065.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $242,846.00
  • Assessed Improvement Percent: 30.12
  • Assessed Land Value: $563,336.00
  • Assessed Land Percent: 69.88
  • Assessed Total Value: $806,182.00

Property History for 1147 South Mariposa Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1147 South Mariposa Avenue

Taxable ValueLand$574,602Additions$247,702Total$822,304
Tax Record2024$10,286 ($857 / month)
Home Facts
Total Finished SqFt1,913 SqFtAbove Grade Finished SqFt1,913 SqFtStories2Lot Size5,903 SqFtStyleTriplexYear Built1902ZoningLAR3CountyLOS ANGELESAPN5078-020-011

Schools near 1147 South Mariposa Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Los Angeles Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1147 South Mariposa Avenue is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on January 4, 2025 by MUTOOF®, it's currently listed at $930,000. It has been on the market for a total of 3 days and was last sold on March 1, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1147 South Mariposa Avenue is a 3-bed, 4-bath, 1,913 sqft multi-family home built in 1902.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MUTOOF®, John Ha, DRE #01983001

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.