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Four-Unit Apartment Building with Garage
For Sale
$1,350,000

328 N Mariposa, Los Angeles, CA 90004

Los Angeles, CA

Property SizeContact for details
Lot Size0.19 Acres
Days on Market190

Property Features for 328 N Mariposa

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Laundry Room, Bedroom 7, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2, Bedroom 8
Parking 4
Lot features Front Yard
Directions North of Beverly Blvd and West of Vermont ave
Subdivision C17 - Mid-Wilshire
Standard status Active
APN 5520024011
Lot size 0.19 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 4
Listing Agency: Century 21 Allstars · Century 21 Real Estate
Listed By: Gustavo Islas · License #00956639
Added: Mar 9 Changed: Sep 12 Last Checked: Sep 14 at 12:06AM
MLS# DW26051376

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit apartment property at 328 N Mariposa Avenue includes an all-two-bedroom unit mix, with three units currently vacant and taken down to the studs. Approved plans provide for converting those units into three-bedroom layouts. Each apartment has separate gas and electric metering. Built in 1923 on 0.193 acres, the property also includes front-yard landscaping and a rear four-car garage.

The property is in Los Angeles’ Koreatown area, north of Beverly Boulevard and west of Vermont Avenue. Access to Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue supports connectivity to surrounding commercial corridors. Some units have views of the Hollywood Sign. Public water and public sewer serve the property, while the garage has been identified as a possible location for multiple ADUs under SB1211.

Key Highlights

  • Four‑unit apartment property with an all‑two‑bedroom unit mix
  • Three vacant units taken down to the studs with approved three‑bedroom conversion plans
  • Rear four‑car garage with potential for multiple ADUs under SB1211

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Tanning Salon Buffet (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,181
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Approved plans support conversion of three vacant units to three-bedroom layouts.
Where is this quadplex located?
The property is located at 328 N Mariposa Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Four‑unit apartment property with an all‑two‑bedroom unit mix; Three vacant units taken down to the studs with approved three‑bedroom conversion plans; Rear four‑car garage with potential for multiple ADUs under SB1211
More about this property
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