About 514 S Mariposa Avenue
Originally built in 1960, Mariposa514 offers the curb appeal and efficient layouts of a classic mid-century asset paired with modern systems and interior finishes. The unit mix includes 17 large one-bedrooms and 2 studios, totaling approximately 12,294 square feet on an 11,250 square foot LAR4-zoned lot. Renovated interiors feature quartz countertops, stainless steel appliances, split-system A/C, custom tile, and updated baths with deep soaking tubs. All units are separately metered for gas and electricity. The property includes shared laundry, ample natural light, and solid in-place tenancy. With no seismic retrofit obligation and a thoughtful renovation already executed, Mariposa514 is turnkey where it counts and still offers room to grow. The building has already undergone a substantial renovation program, with 12 of the 19 units upgraded to a luxury spec and achieving market-making rents that rival new construction, but at a meaningfully lower basis.
Features of 514 S Mariposa Avenue
| MLS® # | CL26654821 |
|---|---|
| Price | $4,150,000 |
| Square Footage | 12,294 |
| Acres | 0.26 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Comm Ind For Sale |
| Status | Active |
Community Information
| Address | 514 S Mariposa Avenue |
|---|---|
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90020 |
Amenities
| Parking Spaces | 16 |
|---|---|
| Parking | Electric Gate |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Fireplace | No |
Exterior
| Construction | Stucco, Wood Siding |
|---|
Additional Information
| Date Listed | February 20th, 2026 |
|---|---|
| Zoning | LAR4 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mark Ventre |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |