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.
MLS # | 25536561 |
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Listing Type | For Sale |
Building Name | Mariposa514 |
Sub-Type | Resale |
Status | Active |
Year | 1960 |
Days On Site | 72 |
Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Mark Ventre |
SQ Feet | 12,294 |
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Story(s) | 2 |
Units | 19 |
Building(s) | 1 |
Zoning | LAR4 |
Acreage | 0.26 |
Heating | Wall Furnace |
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Heating Yes / No | Yes |
Security Features | Security Gate |
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Construction Materials | Stucco |
State | CA |
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County | Los Angeles |
City | Los Angeles |
Zip Code | 90020 |
Area | C17 Mid Wilshire |