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  • 400 S Mariposa Avenue

400 S Mariposa Avenue, Los Angeles, CA 90020

$4,795,000 Approx. USD 16 beds, 25 baths
16,736 sqft

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Photo of Karen Thelin

Karen Thelin REALTOR® - Sales Associate 310-940-4480 m
818-380-2181 o
Lic#: 01312055
NRDS ID: 207014186
KarenThelin@bhhscal.com Text Me
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Lic#: 01312055
NRDS ID: 207014186
KarenThelin@bhhscal.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Mark Ventre | mark.ventre@lyonstahl.com
Lic#: 01811490
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.
Phone: 323-202-9741

Agent Remarks

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: Active Under Contract
MLS# 26654767
List price is $4,795,000 Reduced by $200,000 on 4/6/2026
Price: $4,795,000
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: 6/11/2026

 Days On Market (DOM): 74

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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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Source: CRM. Also Available in 26654809,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Karen Thelin

Karen Thelin REALTOR® - Sales Associate 310-940-4480 m
818-380-2181 o
Lic#: 01312055
NRDS ID: 207014186
KarenThelin@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01312055
NRDS ID: 207014186
KarenThelin@bhhscal.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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