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$13,750,000   Price Analysis
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134 N Mariposa Ave
Los Angeles, CA 90004
60 bed 60 bath 35,216 SqFt ($390/SqFt)
0.41 acre lot. Built 1986
Listed 2024-02-09, Taxes $146,788
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This is a turnkey investment opportunity with the Monarch Apartments

* Has Contingent Offer *

Located at 134 N Mariposa Ave in Koreatown, Los Angeles. This44-unit complex, constructed in 1986 and not subject to the LosAngeles Rent Stbilization Ordinance, presents a prime mix of 28one-bedroom (including 10 with lofts on the third floor) and 16 twobedroomunits, accompanied by 44 parking spaces.

The propertyhas undergone significant renovations in 22 units, featuring luxuryupdates such as vinyl plank flooring, modern cabinets, quartzcountertops and new stainless-steel appliances, with 20 units nowboasting in-unit washers and dryers completed with permits.Further enhancements include substantial exterior upgradeslike new paint, wood accents, an updated intercom and


Presented by Neema Ahadian at
Marcus & Millichap.


Property MLS #24-356211 from TheMLSCLAW

Bedrooms: 60

Total Bathrooms: 60
Full Bathrooms: 60

Cooling Features: Wall Unit(s)
Heating Features: Wall

Lot Size Acres: 0.4139118
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 18030

Garage Description: Community Garage

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 44
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 2 BedsTotal: 1, 2 BathsTotal: 1, 3 BedsTotal: 2, 3 BathsTotal: 2

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: 134 N Mariposa Ave is located on just east of Normandie Aveand south of Beverly Blvd
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5518-010-035
Postal Code Plus 4: 6282
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$2,448,000 + $9,792,000
$12,240,000
$146,788
2021$3,481,206 + $4,641,608
$8,122,814
$99,319
2020$3,445,511 + $4,594,015
$8,039,526
$100,312
2019$3,377,952 + $4,503,937
$7,881,889
$96,384
2018$3,311,718 + $4,415,625
$7,727,343
$96,002
2017$3,246,783 + $4,329,045
$7,575,828
$93,909
2016$3,183,121 + $4,244,162
$7,427,283
$91,521
2015$3,135,308 + $4,180,411
$7,315,719
$90,203
2014$3,073,892 + $4,098,523
$7,172,415
$90,729
2013$3,060,000 + $4,080,000
$7,140,000
$90,727
2012$3,000,000 + $4,000,000
$7,000,000
$91,949
2010$2,582,771 + $1,755,121
$4,337,892
$58,230
2009$2,569,559 + $1,746,143
$4,315,702
$56,121
2009$2,563,469 + $1,742,004
$4,305,473
$56,121
2008$2,519,176 + $1,711,905
$4,231,081
$53,795
2007$2,469,781 + $1,678,339
$4,148,120
$51,942

Sold 2024-07-30
$11,000,000
Public Record
Listed 2024-02-09
$13,750,000
TheMLSCLAW
Listing removed 2024-02-01
$1,796
TheMLSCLAW
Listing removed 2024-02-01
$2,653
TheMLSCLAW
Listing removed 2024-01-29
$2,567
TheMLSCLAW
Listing removed 2024-01-28
$0
ShowMojo
Price Changed for rent 2024-01-27
$2,567
ShowMojo
Price Changed for rent 2024-01-26
$2,567
TheMLSCLAW
Listed for rent 2024-01-26
$2,653
ShowMojo
Listing removed 2024-01-26
$0
ShowMojo
Listed for rent 2024-01-25
$2,653
TheMLSCLAW
Listing removed 2024-01-24
$0
ShowMojo
Listed for rent 2024-01-09
$1,796
ShowMojo
Listed for rent 2024-01-06
$2,653
ShowMojo
Listed for rent 2024-01-05
$1,796
TheMLSCLAW
Listed for rent 2024-01-05
$2,653
TheMLSCLAW
Listing removed 2023-12-15
$0
ShowMojo
Listing removed 2023-12-15
$0
TheMLSCLAW
Price Changed for rent 2023-11-22
$2,653
ShowMojo
Price Changed for rent 2023-11-21
$2,653
TheMLSCLAW
Listed for rent 2023-11-17
$2,999
TheMLSCLAW
Listing removed 2023-11-15
$0
TheMLSCLAW
Price Changed for rent 2023-10-20
$2,999
ShowMojo
Price Changed for rent 2023-10-19
$2,999
TheMLSCLAW
Listed for rent 2023-10-16
$3,095
ShowMojo
Listed for rent 2023-10-14
$3,095
TheMLSCLAW
Sold 2021-08-10
$12,240,000
Public Record
Listing removed 2010-07-03
$7,050,000
TheMLSCLAW
Listing removed 2010-07-01
$7,050,000
ITECH
Relisted 2010-04-05
$7,050,000
TheMLSCLAW
Listing removed 2010-04-03
$7,050,000
TheMLSCLAW
Listing removed 2010-02-10
$7,050,000
SoCalMLS
Listing removed 2010-01-20
$7,050,000
TheMLSCLAW
Relisted 2010-01-19
$7,050,000
SoCalMLS
Listing removed 2010-01-02
$7,200,000
SoCalMLS
Listing removed 2010-01-01
$7,200,000
TheMLSCLAW
Relisted 2009-11-03
$7,200,000
TheMLSCLAW
Listing removed 2009-11-01
$7,599,000
TheMLSCLAW
Relisted 2009-08-04
$7,599,000
TheMLSCLAW
Listing removed 2009-08-01
$7,599,000
TheMLSCLAW
Relisted 2009-05-08
$7,599,000
TheMLSCLAW
Listing removed 2009-02-22
$7,599,000
TheMLSCLAW
Listed 2009-02-13
$7,599,000
TheMLSCLAW
Listed 2009-01-21
$7,050,000
ITECH
Listed 2009-01-21
$7,050,000
TheMLSCLAW
Listed 2009-01-21
$7,200,000
SoCalMLS
Listing removed 2008-06-23
$8,800,000
ITECH
Listed 2008-02-22
$8,800,000
ITECH
Sold 1995-04-28
$1,750,000
Public Record
Sold 1984-03-13
$90,000
Public Record

Total Square Feet Living: 35216
Year Built: 1986
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 38
Year Built Source: Vendor Enhanced

Alexandria Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Virgil Middle School is a public middle school located approximately 0.5 miles away.
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Belmont Senior High School is a public high school located approximately 2.3 miles away.
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Beverly Christian Academy, Inc. is a private elementary school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.