18-Unit Apartment
New
For Sale
$3,500,000
228 S Mariposa Ave, Los Angeles, CA 90004
Renovated interiors, capital improvements, and a permitted attached ADU support the property’s multifamily configuration.
Property Size14,257 SF
Price / SF$245.49
Days on Market4
Property Features for 228 S Mariposa Ave
General Information
Standard status
Active
Size
14,257 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
14,257 SF
Year Built
1956
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
Derrick Vartanian · License #01816119
(310) 482-2200
Source:
Benbelack
Added: Sep 10
Changed: Sep 12
Last Checked: Sep 12 at 5:01AM
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 Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
Located at 228 S. Mariposa Avenue in Los Angeles’ Koreatown neighborhood, this apartment property was constructed in 1956 and contains approximately 14,257 square feet across an 18-unit configuration. The unit mix includes three two-bedroom/one-bath units, thirteen one-bedroom/one-bath units, and two studios. Several interiors have been updated with refreshed kitchens and bathrooms, contemporary flooring, recessed lighting, ceiling fans, improved storage, and separate dining areas.
Unit 18 is a permitted attached accessory dwelling unit completed in 2024. Building improvements include Type L copper plumbing work, window upgrades, an updated electrical panel, a newer water heater, partial sewer line improvements, retrofit work, exterior painting, asphalt work, updated laundry equipment, roofing improvements, and a new gas valve. The property occupies a 15,000-square-foot lot and provides approximately 14 parking spaces, including covered parking in the rear carport area.
Unit 18 is a permitted attached accessory dwelling unit completed in 2024. Building improvements include Type L copper plumbing work, window upgrades, an updated electrical panel, a newer water heater, partial sewer line improvements, retrofit work, exterior painting, asphalt work, updated laundry equipment, roofing improvements, and a new gas valve. The property occupies a 15,000-square-foot lot and provides approximately 14 parking spaces, including covered parking in the rear carport area.
Key Highlights
- 18‑unit apartment property with approximately 14,257 square feet of building area
- 15,000‑square‑foot lot in Koreatown, Los Angeles
- Unit mix includes 3 two‑bedroom, 13 one‑bedroom, and 2 studio units
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,632
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated interiors, capital improvements, and a permitted attached ADU support the property’s multifamily configuration.
Where is this apartment building located?
The property is located at 228 S Mariposa Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 18‑unit apartment property with approximately 14,257 square feet of building area; 15,000‑square‑foot lot in Koreatown, Los Angeles; Unit mix includes 3 two‑bedroom, 13 one‑bedroom, and 2 studio units
