Koreatown Multifamily Building with
328 N Mariposa, Los Angeles, CA 90004
Four-unit apartment building in Koreatown with value-add potential.
Type:Multifamily
- Added:
- Mar 9, 2026
- Days on Market:
- 69
- Last Refresh:
- Mar 19 at 10:31 pm
Property Features for 328 N Mariposa
General Information
- Standard status
- Active
- Property subtype
- Multifamily
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
HighLights
- 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.
- New roof already in place.
- Streamlined unit mix of all two‑bedroom units, some with Hollywood Sign views.
- Separately metered for gas and electricity.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29928
- Latitude
- 34.07716
Nearby Similar for Sale
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.
