Back 1205 South Mariposa Avenue
Off Market

1205 South Mariposa Avenue

Los Angeles CA 90006

4
10
4380 sq. ft.
5908 sq. ft.
Other
Last sold for $1,475,000
Jason TuviaJason Tuvia, last sold this property on 04 August 2025 after 122 days on market.

Overview

We are pleased to present a ten (10) unit apartment building located at 1205 S Mariposa Avenue in Los Angeles, California. The subject property is located in a solid Pico Union location, north of Pico Blvd and east of Normandie Ave. Built in 1926, this property consists of a good unit mix of six (6) studios and four (4) one-bedroom units. It offers a very strong initial caprate of 6.49%, presenting an attractive investment opportunity with solid returns. The character Spanish-style bungalows are gated and secure, with a center courtyard and easily maintained landscaping. There is also ample street parking available for both tenants and visitors. Positioned adjacent to Koreatown, the property provides convenient access to major commercial corridors like Vermont Avenue, Western Avenue, and Wilshire Boulevard, as well as the 10, 110, and 101 freeways. With such close proximity to the Koreatown commercial corridor, tenants can enjoy nearby amenities such as The Wiltern, CGV Cinemas, Koreatown Galleria, and Park's BBQ. Additionally, outdoor recreation options like Seoul International Park and Normandie Recreation Center are located nearby, making this a desirable investment opportunity. Situated in a solid Pico Union location, this property offers a strong initial cap rate of 6.49% as well as easy access to key amenities and transit options nearby.

Features

4 bedrooms
10 bathrooms
4380 sq. ft. floor area
5908 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 4 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 1205 South Mariposa Avenue is $968.5k.

Median value
$968.5k
Estimated value range
$680k - $2.4m
Median days on market
71
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1205 South Mariposa Avenue

2025
Sold
$1,475,000
04 Aug 2025 by Jason Tuvia, of Marcus & Millichap

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 4 bedroom other properties in Los Angeles

In the last 12 months, 5 four-bedroom other properties similar to 1205 South Mariposa Avenue, have been sold.

This represents a 100% decrease in four-bedroom other properties sales when compared to the previous 12 months.

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