Koreatown Multifamily Building with
For Sale
Contact for pricing
Pending
328 N Mariposa, Los Angeles, CA 90004
Four-unit apartment building in Koreatown with value-add potential.
Property SizeContact for details
Days on Market162
Property Features for 328 N Mariposa
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
1
Stories
2
Units
4
Listing Agency:
Century 21 Allstars
(562) 756-5391
Listed By:
Gustavo Islas · License #00956639
Source:
Crexi
Added: Mar 9
Changed: Aug 8
Last Checked: Jul 24 at 4:09PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,143
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
