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16-Unit Spanish-Style Apartment Building
For Sale
$3,150,000

1522 Mariposa Avenue, Los Angeles, CA 90027

Two-story multifamily property with studios, one-bedroom units, an on-site manager’s unit, and two vacant units.

Property Size7,374 SF
Price / SF$427.18
Days on Market1967

Property Features for 1522 Mariposa Avenue

General Information

Standard status Active
Size 7,374 SF
Property subtype General Commercial

Units

Unit Mix 12 x studio, 4 x 1BR/1BA
Multifamily Units 16

Amenities

3
LARD1.5

Building Details

Year Built 1928
Buildings 1
Stories 2
Construction Spanish style
Listing Agency: Rodeo Realty
Listed By: Jimmy Heckenberg · License #01910100
Source: Xome
Added: Apr 12, 2021 Changed: Aug 29 Last Checked: Aug 29 at 2:21PM

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 Rodeo Realty

Investment Insights

Based on property information with market context.

Built in 1928, this 7,374-square-foot, two-story Spanish-style apartment building contains 16 units: 12 studios and four one-bedroom, one-bath residences. An on-site manager’s unit supports day-to-day property access, and two units are currently vacant. The building has been held by the same owner for 30 plus years.

Located at 1522 Mariposa Avenue in Los Angeles, the property sits between Hollywood and Sunset, within walking distance of shops, restaurants, and Barnsdall Art Park. No parking is available on the property. The owner is responsible for gas, electric, and water service. LARD1.5 is identified among the property designations.

Key Highlights

  • 16‑unit apartment building with 12 studios and 4 one‑bedroom, one‑bath units
  • 7,374 square feet across two stories; built in 1928
  • Two vacant units and an on‑site manager’s unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Restaurant Clothing & Fashion 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

6,788
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
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 - Two-story multifamily property with studios, one-bedroom units, an on-site manager’s unit, and two vacant units.
Where is this apartment building located?
The property is located at 1522 Mariposa Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: 16‑unit apartment building with 12 studios and 4 one‑bedroom, one‑bath units; 7,374 square feet across two stories; built in 1928; Two vacant units and an on‑site manager’s unit
More about this property
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