335 N Mariposa Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 0 bed, 0 bath
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Los Angeles, California 90004
This Residential Income Quadruplex is a Strong Value Opportunity with a List Price of $1,799,900—positioned well below the $1,902,882 Fair Market Value by 5%. This valuation gap provides $102,982 in Instant Equity. While maintaining a Fair Condition Rating due to its 1923 vintage, the property features massive units averaging 1,500+ sqft and a private deck. Located in high-demand Mid-Wilshire, it offers immediate rental upside in a prime transit-oriented hub. This asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 335 N Mariposa Avenue Subject | $1,799,900* List Price | 0 | 0 | 6,150 | $309 | - |
A 328 N Mariposa Active | $1,350,000 List Price | 0 | 0 | 5,782 | $233 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this century-old quadruplex is over 100 years old. While described as a 'turnkey' investment with some visible system updates like exterior mini-split HVAC units, the property shows significant age-related wear including cracked concrete in the parking area and dated exterior finishes. Without evidence of a full-scale renovation within the last 15 years, it is classified as fair due to its age and the likelihood of dated interior kitchens and baths.
Situated in the high-demand Mid-Wilshire and Koreatown area, the property offers exceptional proximity to public transit, dining, and employment hubs, ensuring a consistent pool of quality tenants.
With a total of 6,150 square feet for four units, the property boasts an impressive average unit size of over 1,500 square feet, allowing for premium rental rates compared to smaller, cramped alternatives.
The presence of vacant units provides a rare opportunity for an investor to immediately capture current market-rate rents or for an owner-occupant to utilize favorable residential financing.
Built in 1923, the property likely requires ongoing maintenance and capital expenditures to update century-old plumbing, electrical systems, and potential seismic retrofitting required by city mandates.
As a multi-family property of this vintage in Los Angeles, it is subject to the Rent Stabilization Ordinance (RSO), which limits annual rent increases and can complicate tenant transitions.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 6,150 | 4,490.5 | 75% |
| Lot Size | 7,196 | 7,391.5 | 25% |
| Price | $1.80M | $1.14M | 75% |
| Price per sq ft | $293 | $294 | 50% |
| Built year | 1923 | 1922 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 87 | 50% |
May 4, 2026
$1,799,900
Initial Listing
Apr 30, 2010
$939,000
Public Record