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328 N Mariposa Los Angeles, CA 90004

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For Sale
$1,350,000

Four-unit apartment building in Koreatown with value-add potential.

Type:Multifamily
Added:
Mar 9, 2026
Days on Market:
24
Last Refresh:
Mar 19 at 10:31 pm

Property Features for 328 N Mariposa

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Gustavo Islas

Listing agent Gustavo Islas License #00956639

Listing office Century 21 Allstars

Listing date Mar 9, 2026

Source Crexi

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 Century 21 Allstars


Overview

Koreatown Multifamily Building with Upside

Located at 328 N Mariposa Avenue in Los Angeles, this four-unit apartment building is situated in a Koreatown location, north of Beverly Boulevard and west of Vermont Avenue. The property features a unit mix of two-bedroom units, some with views of the Hollywood Sign. Three units are currently vacant and taken down to the studs, with approved plans in place and permits paid to convert them into spacious three-bedroom, two-bath layouts, enhancing rental potential. A new roof is already in place. Each unit is separately metered for gas and electricity. A four-car garage in the rear provides additional upside through the opportunity to convert into multiple ADUs under SB1211 and still have parking for about 9 cars. The building benefits from front-yard landscaping that enhances curb appeal and sits in a prime position with access to major commercial corridors including Normandie Avenue, Beverly Boulevard, Western Avenue, and Vermont Avenue. This property presents an opportunity for investors to capture long-term rental upside.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.29928
Latitude
34.07716

FAQs

What type of property is this?
Quadplex - Four-unit apartment building in Koreatown with value-add potential.
Where is this quadplex located?
The property is located at 328 N Mariposa Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Three vacant units with approved plans and permits paid to convert them into spacious three‑bedroom, two‑bath layouts, enhancing rental potential.; Prime Koreatown location with dominant access to major commercial corridors.; Opportunity to convert the four‑car garage into multiple ADUs under SB1211 while retaining parking for approximately 9 cars.
More about this property
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