$10,000 Closing Credit¹
#24422067, Audrey Jung, Listing Office: B & B Investment Properties
#PW24251716·
Listing Office: Lifetime Realty Inc·
Listing Agent: Tommy Kim·
Listing Office Phone: 714-728-6564
$10,000
closing credit¹
1214 S Mariposa Ave Los Angeles, CA 90006
$1,800,000 List price
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 1214 S Mariposa Ave
1214 South Mariposa Avenue is a charming seven-unit property offering 3,360 rentable square feet on a 5,904-square-foot LAR3-zoned lot. The property features seven one-bedroom, one-bathroom units, with four units fully remodeled and currently vacant. Each unit is detached, averaging approximately 480 square feet, and individually metered for gas and electricity, with separate water heaters for added convenience. Three of the seven units are scheduled to be vacant, presenting a unique opportunity for a new owner to customize occupancy. Located in the rapidly growing Koreatown neighborhood, this property benefits from proximity to Pico Boulevard and Normandie Avenue on a street experiencing significant improvements. Residents enjoy easy access to Koreatown's vibrant dining, shopping, entertainment, and employment opportunities, as well as nearby hotspots in Hollywood and Downtown Los Angeles. Boasting a "Walker's Paradise" Walk Score of 92, the location allows most daily errands to be completed on foot. Nearby attractions include Monty's Good Burger, Park's BBQ, California Marketplace, and an array of local eateries and bars. With ongoing development and revitalization in the area, 1214 South Mariposa Avenue offers significant value-add potential. A new owner can reposition the vacant units, select tenants, and further enhance the property’s appeal. This property, located within the City of Los Angeles, is subject to rent control regulations, making it a compelling acquisition for investors seeking a combination of stable income and growth potential.
Highlights
Home typeCondominium
StatusActive
Lot size0.1356 Acres
Year built1917
MLS #PW24251716
Summary
- MLS Number: PW24251716
- MLS Name: CRMLS
- Office Name: Lifetime Realty Inc
- Office Phone: (714) 728-6564
- Listing Agent: Tommy Kim
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 8:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,800,000
1214 S Mariposa Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 12, 2021 | Home Sold | $1,200,000 |
| Apr 20, 2015 | Home Sold | $700,000 |
| Mar 17, 1994 | Home Sold | $150,000 |
| Nov 30, 1988 | Home Sold | $285,000 |
| May 18, 1988 | Home Sold | $250,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,248,480 | $15,917 |
| 2023 | $1,224,000 | $15,624 |
| 2022 | $1,200,000 | $14,926 |
| 2021 | $735,824 | $9,559 |
| 2020 | $728,280 | $9,304 |
| 2019 | $714,000 | $9,647 |
| 2018 | $739,384 | $9,406 |
| 2017 | $724,887 | $9,406 |
History based on county public records data.
Nearby schools
4
Los Angeles Elementary
Public District KG-5
0.4 mi
•1211 S Hobart Blvd
4
Hobart Boulevard Elementary School
Public District KG-5
0.5 mi
•980 S Hobart Blvd
3
RFK Community Schools - Ambassador School of Global Education
Public District KG-5
0.7 mi
•3201 W 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,505. Typical income of Los Angeles, CA residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
56%
<35k
39%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
16%
Single, with Kids
20%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1214 S Mariposa Ave
This home is located at 1214 S Mariposa Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $1,800,000.
Over 294 listings were sold over their listed price in January 2025 in Los Angeles, CA. In the same period over 545 listings were sold below the listed price and 161 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between December and January 2025 increased by 20.1%. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.