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Four-Unit Apartment Redevelopment Opportunity
For Sale
$1,600,000

1415 N Mariposa, Los Angeles, CA 90027

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

Property Size3,816 SF
Days on Market96

Property Features for 1415 N Mariposa

General Information

Standard status Active
Size 3,816 SF
Property subtype Quadruplex

Additional Details

Business Included Yes
Multifamily Units 4

Building Details

Building Size 3,816 SF
Year Built 1921
Listing Agency: HiLine Inc.
Listed By: Levon Terzian · License #01792635
Source: Archetyperealty
Added: Jun 3 Changed: Aug 31 Last Checked: Sep 5 at 4:45AM

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 HiLine Inc.

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

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store 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

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7,159
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?
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 $1,600,000.
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
More about this property
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