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Six-Unit Garden-Style Apartment Building
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515 N Mariposa Ave, Los Angeles, CA 90004

Six-unit plus permitted bachelor addition walk-up on an above street-grade parcel with on-site carport and surface parking.

Property Size4,049 SF
Lot Size0.17 Acres
Days on Market121

Property Features for 515 N Mariposa Ave

General Information

Standard status Active
Size 4,049 SF
Total Parking Spaces 7
Lot size 0.17 Acres
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 6

Amenities

carport parking
original hardwood floors
large kitchens
bathrooms
closet space
walk-in closets
wall heating
wall AC units
balconies/porches
dual access
large open lawn area
views

Building Details

Year Built 1937
Stories 2
Construction wood frame and stucco
Tenancy Multi
Listing Agency: Equity Union
Listed By: Josh Kaplan · License #CA 01934177
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Investment Insights

Based on property information with market context.

515 N Mariposa Avenue is a six-unit plus one permitted bachelor addition classic garden-style apartment building constructed in 1937. The property features a two-story, 4,049-square-foot walk-up layout with wood frame and stucco construction on a 7,499-square-foot lot. The unit mix includes four two-bedroom, one-bath units, two studio units, and one permitted bachelor addition (LADBS permitted November 1, 1937; Permit No 35762, with note that the bachelor unit is not on the Certificate of Occupancy).

Units include original hardwood floors, large kitchens and bathrooms, and substantial closet space, with some units offering walk-in closets and additional areas like sitting space near the bathroom. Multiple units have wall heating and wall AC units, and some feature balconies/porches and dual access from the front and rear of the unit. The landlord pays for water; gas and electricity are separately metered, and tenants pay for their own trash.

Parking is provided on-site with seven spaces: five carport spaces and two surface spaces. The roof of the garage carport was replaced in 1999, and the property includes a large open lawn area in front.

Key Highlights

  • Six‑unit plus one permitted bachelor addition apartment building built in 1937
  • Two‑story, 4,049 SF walk‑up on a 7,499 SF lot with wood frame and stucco construction
  • Unit mix: four 2BD/1BA units, two studio units, and one permitted bachelor addition (LADBS Permit No 35762, Nov 1, 1937)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Tanning Salon Clothing & Fashion Store Travel Agency (Bike/Boat/Book/etc) 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

6
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,964
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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Six-unit plus permitted bachelor addition walk-up on an above street-grade parcel with on-site carport and surface parking.
Where is this apartment building located?
The property is located at 515 N Mariposa Ave Los Angeles, CA.
What are key features of this property?
This property features: Six‑unit plus one permitted bachelor addition apartment building built in 1937; Two‑story, 4,049 SF walk‑up on a 7,499 SF lot with wood frame and stucco construction; Unit mix: four 2BD/1BA units, two studio units, and one permitted bachelor addition (LADBS Permit No 35762, Nov 1, 1937)
(213) 430-2524 Call to check price and availability
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