Stacey Alysson Melman

400 S Mariposa AV Los Angeles CA 90020 MLS #26654767

400 S Mariposa AV
Los Angeles, CA, 90020
$4,795,000
16 Beds
25 Baths
16,736 SqFt
0.35 Acres
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MLS #26654767 image #0
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.
AGENT: Mark Ventre
LISTING BROKERAGE: Lyon Stahl Investment Real Estate, Inc.
400 S Mariposa AV
Los Angeles, CA

Property Details

Price:
$4,795,000
MLS #:
26654767
Status:
Active
Beds:
16
Baths:
25
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Feb 20, 2026
Finished Sq Ft:
16,736
Total Sq Ft:
16,736
Lot Size:
15,075 sqft / 0.35 acres (approx)
Year Built:
1956
Mid Century ModernCommunity GatedC17 – Mid-wilshireC17midwilshireNone
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Schools

Interior

Appliances
DW, GD, MW, RF
Cooling
WW
Heating
WL
Interior Features
CF
Levels
U

Exterior

Architectural Style
MCM
Common Walls
_1CW
Direction Faces
W
Parking Spots
24
Parking Total
24
Security Features
GC
View
NO

Financial

Gross Operating Income
$467,638
Net Operating Income
$264,695

Map

Community

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