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$2,750,000
8 Beds 12 Baths 26666307 MLS
Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets.

926 Fedora St, Los Angeles

Courtesy of High Equity Real Estate Service, Inc., Steven Bae - CA DRE#02033375

$2,750,000
8 Beds 12 Baths 26666385 MLS
932 S Fedora St presents a 12-unit multifamily investment opportunity located in the heart of Koreatown, one of Los Angeles' most densely populated and high-demand rental submarkets. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, supporting consistent tenant demand and stable occupancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong rental appeal.The asset offers a value-add opportunity with rental upside potential through unit turnover and repositioning to market rents. On-site parking further enhances tenant desirability in this urban location.The property may be purchased individually or together with the adjacent 926 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, income stability, and the ability to increase value in a strong Koreatown rental market.

932 Fedora Street, Los Angeles

Listing courtesy of Listing Agent: Steven Bae (213equity@gmail.com) from Listing Office: High Equity Real Estate Service, Inc..

$2,750,000
8 Beds 12 Baths 26666307 MLS
Excellent opportunity to acquire a 12-unit multifamily property in the highly desirable Koreatown submarket of Los Angeles. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, offering strong rental demand and stable tenancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong tenant appeal.The asset presents a value-add opportunity with rental upside potential as units turn over and can be repositioned to market rents. The property also features on-site parking, a desirable amenity in this dense urban location.The property may be purchased individually or together with the adjacent 932 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, steady cash flow, and the ability to enhance value through strategic management in one of Los Angeles' most dynamic rental markets.

926 Fedora Street, Los Angeles

Listing courtesy of Listing Agent: Steven Bae (213equity@gmail.com) from Listing Office: High Equity Real Estate Service, Inc..

$823,000
3 Beds 2 Baths P1-26306 MLS
LUXURY 3 Bed + 2 Bath with Stunning DTLA Views! Experience a contemporary open floor plan featuring modern designer surfaces, recessed lighting, and chic hardwood floors throughout. The generous gourmet kitchen is appointed with polished Quartz countertops, a custom glass and natural stone backsplash, modern cabinetry, and premium stainless-steel appliances (Refrigerator included). Additional conveniences include a spacious laundry room with a full-sized washer and dryer, two assigned parking spaces in a secured garage, bicycle storage, and EV charging stations. World-Class Amenities: **State-of-the-art fitness center (Cardio, weights, boxing, and yoga/meditation area), **Lush courtyard and common areas with relaxed seating and community BBQ grills, **Pet-friendly secured dog walk. Please note: This home is currently occupied and reflects active daily living. For your convenience, professional staging photos from the previous MLS have been included to showcase the property's true layout and exceptional potential. Don't miss this opportunity to live in one of K-Town's premier luxury residences!

436 S Virgil Avenue Unit 408, Los Angeles

Listing courtesy of Listing Agent: Steve Lee (steve35lee@gmail.com) from Listing Office: SK Realtors.

$2,275,000
4 Beds 11 Baths 26663271 MLS
Situated south of Beverly Boulevard between Normandie Avenue and Vermont Avenue, the property benefits from a premier infill location characterized by strong rental demand, walkability, and convenient access to public transportation and neighborhood amenities. The property features a diverse unit mix consisting of a spacious fully renovated 3-bedroom/2-bath front house with a charming garden area, four singles, four bachelor units, and a newly constructed 1-bedroom/1-bath ADU that is currently vacant. The ADU was thoughtfully converted from the on-site garage, providing immediate income potential or the flexibility for an owner-user component. The front house is individually metered, offering operational efficiency and expense controladvantages.122 S Berendo Street boasts a Walk Score of 92 ("Walker's Paradise"), allowing residents to accomplish daily errands without a vehicle. The property is approximately a nine minute walk to the Vermont/Beverly Station serving the Metro B Line (Red Line), providing convenient connectivity to Downtown Los Angeles, Hollywood, and the greater metropolitan area. Nearby recreational amenities include Shatto Recreation Center, Lafayette Park, and the South Serrano Avenue Historic District, further enhancing the property's residential appeal. From an investment perspective, the asset presents significant rental upside in a supply-constrained and high-demand submarket. As units turn over, an investor has the opportunity to reposition rents to market levels and further enhance cash flow. Additionally, ownership has begun implementing a Utility Reimbursement Program(RUBS), with over 60% tenant enrollment to date, creating the ability to recapture a meaningful portion of rising utility expenses and improve operating margins.122 S Berendo Street represents a compelling value add opportunity for investors seeking a well-located multifamily asset with immediate upside potential, operational efficiencies, and long-term appreciation prospects in one of Los Angeles' most dynamic rental markets

122 S Berendo St, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Joshua Luchs - CA DRE#01845545

$2,275,000
4 Beds 11 Baths 26663271 MLS
Situated south of Beverly Boulevard between Normandie Avenue and Vermont Avenue, the property benefits from a premier infill location characterized by strong rental demand, walkability, and convenient access to public transportation and neighborhood amenities. The property features a diverse unit mix consisting of a spacious fully renovated 3-bedroom/2-bath front house with a charming garden area, four singles, four bachelor units, and a newly constructed 1-bedroom/1-bath ADU that is currently vacant. The ADU was thoughtfully converted from the on-site garage, providing immediate income potential or the flexibility for an owner-user component. The front house is individually metered, offering operational efficiency and expense controladvantages.122 S Berendo Street boasts a Walk Score of 92 ("Walker's Paradise"), allowing residents to accomplish daily errands without a vehicle. The property is approximately a nine minute walk to the Vermont/Beverly Station serving the Metro B Line (Red Line), providing convenient connectivity to Downtown Los Angeles, Hollywood, and the greater metropolitan area. Nearby recreational amenities include Shatto Recreation Center, Lafayette Park, and the South Serrano Avenue Historic District, further enhancing the property's residential appeal. From an investment perspective, the asset presents significant rental upside in a supply-constrained and high-demand submarket. As units turn over, an investor has the opportunity to reposition rents to market levels and further enhance cash flow. Additionally, ownership has begun implementing a Utility Reimbursement Program(RUBS), with over 60% tenant enrollment to date, creating the ability to recapture a meaningful portion of rising utility expenses and improve operating margins.122 S Berendo Street represents a compelling value add opportunity for investors seeking a well-located multifamily asset with immediate upside potential, operational efficiencies, and long-term appreciation prospects in one of Los Angeles' most dynamic rental markets

122 S Berendo Street, Los Angeles

Listing courtesy of Listing Agent: Joshua Luchs (Josh.Luchs@Kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$949,000
2 Beds 3 Baths 26663003 MLS
Discover stunning views in this elegantly designed north-facing unit at the prestigious Summit on Sixth high-rise. Revel in the expansive private balcony offering sweeping sights of the famous Hollywood Sign and Griffith Observatory, visible from both bedrooms and the living area. this 2-bedroom, 3-bathroom open-concept home is filled with natural light, showcasing luxurious and tasteful renovations that make it truly unique within the building. The gourmet kitchen features new premium appliances, modern cabinetry, and a marble countertop, ideal for hosting guests. The spacious primary suite includes a walk-in closet, a large tub, a walk-in shower, and dual vanities. The secondary bedroom also has an en suite bathroom with a walk-in shower and closet. This exclusive building offers top-notch amenities, a package retrieval and tracking system, a gym, a sauna and an indoor golf simulator. The unit includes two designated underground side-by-side parking spaces, complete with an EV charger. Situated in the heart of Korea town, you're just steps away from a variety of restaurants, grocery stores, the Metro Station and much more.

3223 W 6th Street Unit 902, Los Angeles

Listing courtesy of Listing Agent: Jenny Kang (jennykang777@gmail.com) from Listing Office: Redpoint Realty.

$2,700,000
12 Beds 13 Baths 26661439 MLS
412 Ardmore presents a rare opportunity to acquire a newer-construction fourplex in one of Hollywood's most consistently high-demand rental pockets. The property consists of two standalone, three-story duplex structures, delivering a highly desirable low-density configuration that resonates strongly with today's renters. The unit mix includes one 2-bedroom / 1.5-bath unit, one 3-bedroom / 2.5-bath unit, one 3-bedroom / 3.5-bath unit, and one 4-bedroom / 3.5-bath unit, totaling approximately 5,320 square feet of living area an uncommon offering of larger, highly functional layouts for the submarket. Built to modern standards, the asset offers the features investors prioritize: no rent control, separately metered units for gas, water, and electricity, and minimal maintenance obligations relative to older Hollywood inventory. The contemporary construction, efficient layouts, and strong curb appeal continue to support robust tenant demand and premium rental positioning. Centrally located, the property sits just minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and, of course, all of the entertainment, retail, and lifestyle amenities that define Hollywood. This exceptional accessibility further enhances tenant appeal and long-term rental stability. Opportunities to secure a newer asset with these fundamentals in such a supply-constrained submarket are extremely limited. With its combination of location, condition, and investor-friendly characteristics, 412 Ardmore stands out as a high-quality multifamily investment well positioned for durable income and long-term appreciation. * Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.

412 N Ardmore Ave, Los Angeles

Courtesy of Investment Real Estate Associates, David Leibowitz - CA DRE#01912487

$2,700,000
12 Beds 13 Baths 26661439 MLS
412 Ardmore presents a rare opportunity to acquire a newer-construction fourplex in one of Hollywood's most consistently high-demand rental pockets. The property consists of two standalone, three-story duplex structures, delivering a highly desirable low-density configuration that resonates strongly with today's renters. The unit mix includes one 2-bedroom / 1.5-bath unit, one 3-bedroom / 2.5-bath unit, one 3-bedroom / 3.5-bath unit, and one 4-bedroom / 3.5-bath unit, totaling approximately 5,320 square feet of living area an uncommon offering of larger, highly functional layouts for the submarket. Built to modern standards, the asset offers the features investors prioritize: no rent control, separately metered units for gas, water, and electricity, and minimal maintenance obligations relative to older Hollywood inventory. The contemporary construction, efficient layouts, and strong curb appeal continue to support robust tenant demand and premium rental positioning. Centrally located, the property sits just minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and, of course, all of the entertainment, retail, and lifestyle amenities that define Hollywood. This exceptional accessibility further enhances tenant appeal and long-term rental stability. Opportunities to secure a newer asset with these fundamentals in such a supply-constrained submarket are extremely limited. With its combination of location, condition, and investor-friendly characteristics, 412 Ardmore stands out as a high-quality multifamily investment well positioned for durable income and long-term appreciation. * Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.

412 N Ardmore Avenue, Los Angeles

Listing courtesy of Listing Agent: David Leibowitz (dleibowitz@irea.com) from Listing Office: Investment Real Estate Associates.

$1,150,000
4 Beds 4 Baths 26659743 MLS
165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

165 S Catalina St, Los Angeles

Courtesy of Matthews Real Estate Investment Services, Daniel Withers - CA DRE#01325901

$1,150,000
4 Beds 4 Baths 26659743 MLS
165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

165 S Catalina Street, Los Angeles

Listing courtesy of Listing Agent: Daniel Withers (daniel.withers@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

$1,199,000
4 Beds 4 Baths 26656643 MLS
Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.

1242 S Kingsley Dr, Los Angeles

Courtesy of KORUS Real Estate, Steven Kwak - CA DRE#02032570

$1,600,000
RS26044722 MLS
Centrally located in Mid-Wilshire and Koreatown areas. It is a four-unit complex of 2 bedrooms and 1 bath each. Each unit is about 1360 square ft with a fireplace, living room, dining room, laundry room and family room. It is a perfect investment with a big lot and potential for ADU'S addition. Very low vacancy, minutes away from the freeway and downtown LA. near to local hotspots, dining, and public transportation, offering tenants comfort and accessibility. Long term and cooperative tenants. Four garages and ample parking area in back for tenants and guests. A high demand rental area. A lot of potential for rent increase as current rents are very low compared to market rent.

109 S Catalina Street, Los Angeles

Listing courtesy of Listing Agent: Felicisimo Sarno (felsarno@yahoo.com) from Listing Office: Century 21 Diamond.

$1,199,000
4 Beds 4 Baths 26656643 MLS
Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.

1242 S Kingsley Drive, Los Angeles

Listing courtesy of Listing Agent: Steven Kwak (stevenkreal@gmail.com) from Listing Office: KORUS Real Estate.

$310,000
1 Baths 26656939 MLS Park Villas HOA BLDG.
Welcome to refined, resort-style living in the vibrant heart of Koreatown. This beautifully maintained studio condominium with one full bathroom is truly move-in ready an exceptional opportunity for first-time buyers or discerning investors seeking strong rental potential. This property is located in a census tract designated as a High Cost Area. For the first time homebuyers (FTHBs) with income under $11,350/mo, the High Cost Area Purchase Program offers up to $9,552 in agency credits for an interest rate buydown. From the moment you step inside, skylights along the hallway bathe the interior in natural light, creating a bright and welcoming ambiance. The courtyard-facing studio offers a thoughtfully designed open-concept layout that maximizes both comfort and functionality. A standout feature of the living space is the oversized window fitted with a dual-direction (top-down/bottom-up) blind system, allowing you to invite in abundant natural light while maintaining optimal privacy an ideal balance of brightness and discretion. The living area flows effortlessly into the tastefully upgraded kitchen and bathroom, each remodeled with modern finishes to support stylish yet practical everyday living. Durable laminate flooring extends throughout the unit, adding warmth and continuity to the space, while the community patio provides a serene outdoor retreat perfect for relaxation. Residents enjoy an impressive array of resort-inspired amenities with low monthly HOA dues, including a spa, sauna, fitness center, conference room, community laundry facilities, secure gated entry, and on-site security cameras. One assigned parking space is included for added convenience. Ideally located just minutes from Koreatown's renowned BBQ restaurants, trendy cafes and bars, and everyday grocery stores, this residence offers the perfect blend of location, lifestyle, and long-term value. Don't miss this opportunity to own a piece of Koreatown at its finest!

525 S Ardmore Ave Unit 351, Los Angeles

Courtesy of New Star Realty, Amber Seo Campos - CA DRE#02008733

$310,000
1 Baths 26656939 MLS
Welcome to refined, resort-style living in the vibrant heart of Koreatown. This beautifully maintained studio condominium with one full bathroom is truly move-in ready an exceptional opportunity for first-time buyers or discerning investors seeking strong rental potential. This property is located in a census tract designated as a High Cost Area. For the first time homebuyers (FTHBs) with income under $11,350/mo, the High Cost Area Purchase Program offers up to $9,552 in agency credits for an interest rate buydown. From the moment you step inside, skylights along the hallway bathe the interior in natural light, creating a bright and welcoming ambiance. The courtyard-facing studio offers a thoughtfully designed open-concept layout that maximizes both comfort and functionality. A standout feature of the living space is the oversized window fitted with a dual-direction (top-down/bottom-up) blind system, allowing you to invite in abundant natural light while maintaining optimal privacy an ideal balance of brightness and discretion. The living area flows effortlessly into the tastefully upgraded kitchen and bathroom, each remodeled with modern finishes to support stylish yet practical everyday living. Durable laminate flooring extends throughout the unit, adding warmth and continuity to the space, while the community patio provides a serene outdoor retreat perfect for relaxation. Residents enjoy an impressive array of resort-inspired amenities with low monthly HOA dues, including a spa, sauna, fitness center, conference room, community laundry facilities, secure gated entry, and on-site security cameras. One assigned parking space is included for added convenience. Ideally located just minutes from Koreatown's renowned BBQ restaurants, trendy cafes and bars, and everyday grocery stores, this residence offers the perfect blend of location, lifestyle, and long-term value. Don't miss this opportunity to own a piece of Koreatown at its finest!

525 S Ardmore Avenue Unit 351, Los Angeles

Listing courtesy of Listing Agent: Amber Seo Campos (amberseo@newstarrealty.com) from Listing Office: New Star Realty.

$3,590,000
24 Beds 14 Baths 26655689 MLS
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

210 S Commonwealth Ave, Los Angeles

Courtesy of Ivy Realty Co., Ki Seon Im - CA DRE#01860439

$3,590,000
24 Beds 14 Baths 26655689 MLS
210 S Commonwealth Ave & 941 S Gramercy PL, Los Angeles, To Be Sold Combined, Total $6,285,000! Location! Priced to Sell! Corner Lot! UNBEATABLE GRM 11.55!! Low Expenses & Easy Maintenance! This 14-unit apartment building is offered only in combination with 941 S Gramercy. Conveniently located close to Hollywood, Downtown LA, Larchmont, with access to the 110, 101, and 10 Fwy. Built in 1980, the property features ten (10) 2-bedroom, 1-bathroom units and four (4) 1-bedroom, 1-bathroom units. Most units have been upgraded and are in excellent condition. The building includes twenty (20) on-site gated parking spaces and an on-site laundry facility, with low operating expenses and easy maintenance. Rents are currently below market, offering strong upside potential. Current gross rental income: $25,900/month ($310,800 annually). Excellent long-term investment with stable cash flow and future growth potential. Sellers motivated.

210 S Commonwealth Avenue, Los Angeles

Listing courtesy of Listing Agent: Ki Seon Im (ym6077@gmail.com) from Listing Office: Ivy Realty Co..

$4,795,000
16 Beds 25 Baths 26654767 MLS
Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

400 S Mariposa Ave, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Mark Ventre - CA DRE#01811490

$4,795,000
26654809 MLS Mariposa 400 BLDG.
THE OPPORTUNITY: 400 S Mariposa Ave offers a chance to acquire a 25-unit multifamily asset on a corner lot in the heart of Koreatown, one of Los Angeles' most resilient and renter-driven submarkets, where demand continues to outpace even robust new supply. The 13 renovated units are achieving market-making rents, while the remaining 12 units presents approx. 30% upside through a proven renovation and turnover strategy. The asset is located on the corner of Mariposa Ave and 4th Street, near Koreatown's densest commercial corridor and benefits from approx. 19 parking spaces and separately metered gas and electric utilities. Building system upgrades and strong current collections add to the asset's operational appeal. THE ASSET: Originally built in 1956, 400 S Mariposa is a well-maintained, 25-unit mid-century apartment building situated on a quiet residential corner lot. The property spans 16,736 square feet across a 15,070 SF double lot, zoned LAR4. Thirteen units have been upgraded with modern interiors, featuring new flooring, renovated kitchens and bathrooms, and contemporary finishes. The remaining units are in clean, classic condition and offer immediate value-add potential through cosmetic renovations. Current operations are stable, with strong collections and ample room for rent growth as units turn. The property offers approximately 24 on-site parking and is separately metered for gas and electric, with master-metered water and sewer. Major system upgrades, including plumbing, electrical, and windows, and seismic retrofit have already been completed, minimizing near-term capital expenditure needs and improving operational efficiency.

400 S Mariposa Avenue, Los Angeles

Listing courtesy of Listing Agent: Mark Ventre (mark.ventre@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

$4,795,000
16 Beds 25 Baths 26654767 MLS
Investment Highlights: 30%+ Rental Upside, Half of units considerably under-market presenting a great opportunity to improve income. Repositioned + Value-Add ~50% of units upgraded with modern finishes, remaining units primed for cosmetic improvements. Walk Score of 92 "Walker's Paradise" designation with immediate access to shopping, transit, and Koreatown nightlife. Upgraded Systems New plumbing, electrical panels and windows help to reduce future CapEx exposure. RUBS Implementation: Recovers water/sewer and trash expenses for most renovated units. Large Corner Lot situated on a double lot located on the corner of Mariposa Ave and 4th Street. This quiet residential pocket is blocks from 6th St and Koreatown's commercial core. 24 Parking Spaces Provides plenty of rare off-street parking advantage in a dense, transit-friendly urban core. LAR4 Zoning Adds long-term development or repositioning options in a rapidly evolving corridor.

400 S Mariposa Avenue, Los Angeles

Listing courtesy of Listing Agent: Mark Ventre (mark.ventre@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Information Deemed Reliable But Not Guaranteed. © 2026 CARETS ®

Based on information from CRISNet MLS as of 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.