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$13750000   Price Analysis
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134 N Mariposa Ave
Los Angeles, CA 90004
60 bed 60 bath 35216 SqFt ($390/SqFt)
0.41 acre lot. Built 1986
Listed 2024-02-09, Taxes $146788
Ⓧ 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-u nit complex, constructed in 1986 and not subject to the LosAngeles Rent Stabilization 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, modrn 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$2448000 + $9792000
$12240000
$146788
2021$3481206 + $4641608
$8122814
$99319
2020$3445511 + $4594015
$8039526
$100312
2019$3377952 + $4503937
$7881889
$96384
2018$3311718 + $4415625
$7727343
$96002
2017$3246783 + $4329045
$7575828
$93909
2016$3183121 + $4244162
$7427283
$91521
2015$3135308 + $4180411
$7315719
$90203
2014$3073892 + $4098523
$7172415
$90729
2013$3060000 + $4080000
$7140000
$90727
2012$3000000 + $4000000
$7000000
$91949
2010$2582771 + $1755121
$4337892
$58230
2009$2569559 + $1746143
$4315702
$56121
2009$2563469 + $1742004
$4305473
$56121
2008$2519176 + $1711905
$4231081
$53795
2007$2469781 + $1678339
$4148120
$51942

Listed 2024-02-09
$13750000
TheMLSCLAW
Listing removed 2024-02-01
$1796
TheMLSCLAW
Listing removed 2024-02-01
$2653
TheMLSCLAW
Listing removed 2024-01-29
$2567
TheMLSCLAW
Listing removed 2024-01-28
$0
ShowMojo
Price Changed for rent 2024-01-27
$2567
ShowMojo
Price Changed for rent 2024-01-26
$2567
TheMLSCLAW
Listed for rent 2024-01-26
$2653
ShowMojo
Listing removed 2024-01-26
$0
ShowMojo
Listed for rent 2024-01-25
$2653
TheMLSCLAW
Listing removed 2024-01-24
$0
ShowMojo
Listed for rent 2024-01-09
$1796
ShowMojo
Listed for rent 2024-01-06
$2653
ShowMojo
Listed for rent 2024-01-05
$1796
TheMLSCLAW
Listed for rent 2024-01-05
$2653
TheMLSCLAW
Listing removed 2023-12-15
$0
ShowMojo
Listing removed 2023-12-15
$0
TheMLSCLAW
Price Changed for rent 2023-11-22
$2653
ShowMojo
Price Changed for rent 2023-11-21
$2653
TheMLSCLAW
Listed for rent 2023-11-17
$2999
TheMLSCLAW
Listing removed 2023-11-15
$0
TheMLSCLAW
Price Changed for rent 2023-10-20
$2999
ShowMojo
Price Changed for rent 2023-10-19
$2999
TheMLSCLAW
Listed for rent 2023-10-16
$3095
ShowMojo
Listed for rent 2023-10-14
$3095
TheMLSCLAW
Sold 2021-08-10
$12240000
Public Record
Listing removed 2010-07-03
$7050000
TheMLSCLAW
Listing removed 2010-07-01
$7050000
ITECH
Relisted 2010-04-05
$7050000
TheMLSCLAW
Listing removed 2010-04-03
$7050000
TheMLSCLAW
Listing removed 2010-02-10
$7050000
SoCalMLS
Listing removed 2010-01-20
$7050000
TheMLSCLAW
Relisted 2010-01-19
$7050000
SoCalMLS
Listing removed 2010-01-02
$7200000
SoCalMLS
Listing removed 2010-01-01
$7200000
TheMLSCLAW
Relisted 2009-11-03
$7200000
TheMLSCLAW
Listing removed 2009-11-01
$7599000
TheMLSCLAW
Relisted 2009-08-04
$7599000
TheMLSCLAW
Listing removed 2009-08-01
$7599000
TheMLSCLAW
Relisted 2009-05-08
$7599000
TheMLSCLAW
Listing removed 2009-02-22
$7599000
TheMLSCLAW
Listed 2009-02-13
$7599000
TheMLSCLAW
Listed 2009-01-21
$7050000
ITECH
Listed 2009-01-21
$7050000
TheMLSCLAW
Listed 2009-01-21
$7200000
SoCalMLS
Listing removed 2008-06-23
$8800000
ITECH
Listed 2008-02-22
$8800000
ITECH
Sold 1995-04-28
$1750000
Public Record
Sold 1984-03-13
$90000
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.