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400 S Mariposa Avenue Los Angeles, CA 90020
$4,795,000 16 beds, 25 baths
16, 736 sqft
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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
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Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541
Santa Monica 3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 26654767
List price is $4,795,000 Reduced by $200,000 on 4/6/2026
Beds: 16
Baths: 25
Built in 1956
16,736 sqft
2 stories
0.35 acres
Lot size: 0.3461
County: Los Angeles
Property style: Mid-Century Modern
Zoning: LAR4
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Disposal,Microwave,Refrigerator
Parking description: Covered,Gated,Shared Driveway,Side By Side
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C17 - Mid-Wilshire

Last Updated: 8/2/2026

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This listing belongs to the C17 - Mid-Wilshire MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.066985, -118.298828.
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Listing Agent: Mark Ventre
Lic#: 01905986
Office Name: Santa Monica

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Photo of Melissa Ellis

Melissa Ellis Manager 310-963-9826 m
310-829-0629 o
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 01905986
NRDS ID: 175524822
MelissaEllis@bhhscal.com

Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
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