309 S Mariposa Avenue 101, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 3 bath
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309 S Mariposa Avenue 101
Los Angeles, California 90020
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,390Sq Ft
8,409Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$751,423
9% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $679,000—positioned well below the $751,424 Fair Market Value by 9%. This valuation gap offers $72,424 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end marble finishes and a dual en-suite layout, this residence offers a sophisticated lifestyle. While local school ratings vary, the property’s City Lights Views and Guaranteed 2-Car Parking provide rare urban convenience. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate, high-quality living.
Estimated Market Value
$751,423+$72,423 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 309 S Mariposa Avenue 101 Subject 2 bd · 3 ba · 1,390 sqft · $541 | $679,000* List Price | 2 | 3 | 1,390 | $541 | - |
A 417 S Westmoreland Avenue 404 Sold 3 bd · 2 ba · 1,380 sqft · $493 · 0.6 mi | $681,000 | 3 | 2 | 1,380 | $493 | 0.6 mi |
B 333 Westminster Avenue 402 Sold 2 bd · 3 ba · 1,424 sqft · $612 · 1.0 mi | $871,000 | 2 | 3 | 1,424 | $612 | 1.0 mi |
C 540 S Kenmore Avenue 303 Sold 2 bd · 2 ba · 1,250 sqft · $614 · 0.4 mi | $768,000 | 2 | 2 | 1,250 | $614 | 0.4 mi |
D 436 S Virgil Avenue 403 Sold 2 bd · 2 ba · 1,040 sqft · $611 · 0.8 mi | $635,000 | 2 | 2 | 1,040 | $611 | 0.8 mi |
E 3223 W 6th Street 305 Sold 1 bd · 2 ba · 1,690 sqft · $438 · 0.5 mi | $740,000 | 1 | 2 | 1,690 | $438 | 0.5 mi |
F 435 S Virgil Avenue 209 Sold 2 bd · 2 ba · 931 sqft · $521 · 0.7 mi | $485,000 | 2 | 2 | 931 | $521 | 0.7 mi |
G 540 S Kenmore Avenue 203 Pending 2 bd · 2 ba · 1,250 sqft · $576 · 0.4 mi | $720,000 List Price | 2 | 2 | 1,250 | $576 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although the building was constructed in 2005, the interior has undergone a recent high-end remodel featuring white marble countertops, modern laminate flooring, and fully updated bathrooms with contemporary fixtures and glass enclosures, placing it in mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Dual En-Suite Layout
The residence features a generous 1,390 sq. ft. floor plan with two non-adjacent bedrooms, each boasting its own en-suite bathroom, providing maximum privacy and functional living space.
- Premium Finishes and Updates
Recently remodeled with high-end white marble countertops and cohesive laminate flooring throughout, offering a fresh, move-in-ready aesthetic that appeals to modern buyers.
- Superior Parking and Accessibility
Includes two guaranteed parking spaces plus ample guest parking, a significant and rare convenience in the high-density Mid-Wilshire/Koreatown area.
CONSRISKS & DEFICIENCIES
- Underperforming Local Schools
The majority of assigned public elementary and middle schools carry low ratings (3/10), which may be a deterrent for families prioritizing academic performance.
- High Monthly Carrying Costs
The $525 monthly association fee adds a substantial recurring expense to the total cost of ownership, potentially impacting overall affordability for some buyers.
About 309 S Mariposa Avenue 101
Beautifully remodeled and generously sized, this 1,390 sq. ft. corner residence offers 2 bedrooms and 2.5 bathrooms. Despite its #101 designation, the unit sits above street level at approximately second-floor height. White marble countertops and laminate flooring throughout create a fresh, cohesive interior, while a spacious pantry provides abundant storage. The expansive primary bedroom comfortably accommodates a California king bed with plenty of room for additional furnishings, and the second bedroom is large enough for a king-size bed. The two non-adjacent bedrooms offer an EN-SUITE bathroom in EACH BEDROOM for comfort and privacy. The versatile layout offers comfortable living and flexible space to suit a variety of needs. Ample guest parking adds convenience for visitors. A wonderful opportunity to enjoy generous proportions, tasteful updates, and an elevated corner location. 2 Parking Spaces are guaranteed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 8,409 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $525.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cahuenga Elementary School
Grades K-5 • 0.4 mi
5/10
Frank Del Olmo Elementary School
Grades K-6 • 0.5 mi
4/10
Charles H. Kim Elementary School
Grades K-5 • 0.5 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,390 | 1,252.996 |
| Lot Size | 8,409 | 26,029.603 |
| Price | $679.0K | $778.5K |
| Price per sq ft | $488 | $629 |
| Built year | 2005 | 1981 |
| HOA | $525.0 | $676 |
| Days on market | 24 | 74 |
Pricing History
Listed for Sale
Oct 16, 2026
$679,000
Initial Listing
Sold
Jul 18, 2022
$720,000
Public Record
Sold
Sep 12, 2018
$595,000
Public Record
Sold
Mar 16, 2015
$512,000
Public Record
Sold
Dec 24, 2008
$375,000
Public Record
Sold
Jul 24, 2006
$605,000
Public Record