335 N Mariposa Avenue, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath
335 N Mariposa Avenue
Los Angeles, California 90004
Property Price
SUMMARY
Analysis of 335 N Mariposa Avenue, Los Angeles, California 90004 is currently available with a list price of $1,799,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1923, making it over 100 years old. While the exterior appears to have received some maintenance, such as updated windows and a fresh coat of paint, and the common entrance area looks clean, there are no interior images of the units, specifically the kitchens and bathrooms. Given the age of the building and the absence of information regarding recent extensive renovations, it is highly probable that the interior components, including kitchens and bathrooms, are functional but outdated in style and features. The cracked concrete in the parking area also suggests general wear and tear. The property is aged but appears maintained enough for rental, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated and require minor updates or repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Strategically located in Mid-Wilshire, near Koreatown, offering excellent access to dining, entertainment, and public transportation, highly attractive to tenants.
- Multi-Unit Income Property
A rare 4-unit residential income property (quadruplex) providing diversified rental income streams and significant investment potential.
- Turnkey Investment Opportunity
Described as an 'ideal turnkey investment' with some units already rented, allowing for immediate income generation for a savvy buyer.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1923, the property is over a century old, potentially indicating a need for significant capital expenditures for system upgrades (plumbing, electrical, HVAC) and general maintenance.
- Lack of Detailed Financials/Unit Condition
The description lacks specific information on current rental income, lease terms, or the condition/renovation status of individual units, which are crucial for investment analysis.
- Potential for Deferred Maintenance
Older multi-unit properties often come with deferred maintenance issues that could lead to unexpected repair costs and management challenges.
About 335 N Mariposa Avenue
Conveniently locaed in Mid-Wilshire, near Koreatown. Seize this rare opportunity to own a 4-unit property in the heart of Los Angeles! Perfectly positioned in a convenient location, these units are just minutes from local hotspots, dining, and public transportation, offering tenants both comfort and accessibility. With some units rented and some available to rent out, this is an ideal turnkey investment for any savvy buyer. Secure a steady rental income property in one of LA's most sought-after areas.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1923
- Lot Size
- 7,196 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 7,196 | 3,423 | 75% |
| Lot Size | 7,196 | 7,504.5 | 25% |
| Price | $1.80M | $1.29M | 75% |
| Price per sq ft | $250 | $307 | 25% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 339 | 215 | 0% |
Pricing History
Listed for Sale
Apr 1, 2025
$1,799,900
Initial Listing
Sold
Apr 30, 2010
$939,000
Public Record