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Four-Unit Apartment Redevelopment Opportunity

1415 N Mariposa Los Angeles, CA 90027

1415 N Mariposa, Los Angeles, CA, 90027
$1,750,000
For Sale
$1,750,000

Four residential units with private balconies; two approved ADU plans are in place for near-term expansion options.

Days on Market49

Property Features for 1415 N Mariposa

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1921
Listing agency
Listed by Levon Terzian
Source Elliman
Added: Jun 4 Updated: Jul 21 at 4:28AM Checked: Jul 21 at 4:28AM

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 Levon Terzian


Investment Insights

Based on property information with market context.

This four-unit apartment property includes two 2-bedroom/2-bath units and two 1-bedroom/1-bath units. Each unit features formal living and dining rooms, oversized kitchens, and private balconies.

The property is located in a high-density residential zone qualifying for enhanced development incentives under California SB 79. Approved plans for an additional 2-bedroom ADU are already in place.

With proximity to Los Feliz Village and nearby dining, retail, and everyday amenities, the site is also minutes from Kaiser Permanente, Children’s Hospital Los Angeles, and Hollywood Presbyterian Medical Center. Bike, walk, and transit scores reported are 68 (Bikeable), 91 (Walker’s Paradise), and 59 (Good Transit). Redevelopment and expansion options are subject to buyer verification.

Key Highlights

  • Four‑unit apartment building built in 1921, with private balconies
  • Unit mix includes two 2‑bedroom/2‑bath units and two 1‑bedroom/1‑bath units
  • Approved plans for an additional 2‑bedroom ADU are already in place

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four residential units with private balconies; two approved ADU plans are in place for near-term expansion options.
Where is this quadplex located?
The property is located at 1415 N Mariposa Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four‑unit apartment building built in 1921, with private balconies; Unit mix includes two 2‑bedroom/2‑bath units and two 1‑bedroom/1‑bath units; Approved plans for an additional 2‑bedroom ADU are already in place
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