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4-Unit Contemporary Quadplex
For Sale
$3,065,000

616 N Mariposa Ave, Los Angeles, CA 90004

Los Angeles, CA

Property SizeContact for details
Lot Size0.16 Acres
Days on Market97

Property Features for 616 N Mariposa Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Zoning LAR3
Bedrooms 12
Bathrooms 16
Full bathrooms 16
Rooms Bathroom 8, Bedroom 8, Bathroom 13, Bathroom 12, Bedroom 3, Bathroom 5, Bathroom 7, Bathroom 15, Bathroom 3, Bathroom 14, Bedroom 2, Bathroom 11, Bedroom 4, Bedroom 5, Bedroom 12, Kitchen, Bathroom 1, Bedroom 11, Bathroom 4, Bedroom 1, Bedroom 10, Bathroom 2, Laundry Room, Bedroom 9, Bathroom 6, Bathroom 10, Bathroom 9, Bathroom 16, Bedroom 7, Bedroom 6
Parking 8
Parking features Gated, Side By Side, Open, Covered, Garage
Patio and Porch features Deck
Interior features Wired for Data, Balcony, Built-in Features, Living Room Balcony, Living Room Deck Attached, Recessed Lighting, Open Floorplan
Appliances High Efficiency Water Heater, Electric Water Heater, Electric Cooktop, Electric Range, Disposal, Dishwasher, Microwave, Water Heater
Lot features Level with Street, Landscaped, Front Yard, Lawn
View City
Directions Clinton St and Mariposa Ave
Subdivision C20 - Hollywood
Standard status Active
APN 5520004004
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

private balconies
exclusive rear yards
smart home technology
Ring security
Nest thermostats
integrated network wiring
floor-to-ceiling aluminum windows
paid-off solar
EV-ready infrastructure
custom wrought iron gates
automatic entry
new vinyl fencing

Building Details

Year built 2025
Floors in Building 3
Number of units 4
Flooring type Wood, Vinyl
Architectural style Contemporary
Buildings 1
Listing Agency: Four Brothers Real Estate, Inc.
Listed By: Drew Dunn · License #01941825
Added: Jul 28 Changed: Oct 28 Last Checked: Nov 1 at 3:06PM
MLS# OC26164658

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2025 contemporary fourplex is under construction on a 0.1635-acre parcel and is zoned LAR3. Each of the four residences is designed with three bedrooms, 3.5 bathrooms, open living space, custom closets, and a kitchen with white oak cabinetry, a marble island, and stainless steel appliances. In-unit laundry, smart-home features, separate utility meters, paid-off solar, and EV-ready infrastructure are also included. Balconies and private rear yards provide outdoor space, while gated parking serves the property.

The property is fully leased and located in an Opportunity Zone. The garages could potentially be converted to ADUs, with a stated scenario of six total units and approximately 6,737 square feet of rentable living area. That scenario projects a stabilized cap rate increase from approximately 6.06% to 7.75%. The property is described as non-rent-control and includes a one-year builder warranty. Larchmont Village, Hollywood, Silver Lake, Koreatown, and major employment centers are described as minutes away.

Key Highlights

  • Four residences, each with 3 bedrooms and 3.5 bathrooms
  • 0.1635‑acre parcel zoned LAR3
  • Paid‑off solar, EV‑ready infrastructure, separate utility meters, and in‑unit laundry

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,964
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Each residence has three bedrooms, 3.5 bathrooms, private balconies, and a dedicated rear yard.
Where is this quadplex located?
The property is located at 616 N Mariposa Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,065,000.
What are key features of this property?
This property features: Four residences, each with 3 bedrooms and 3.5 bathrooms; 0.1635‑acre parcel zoned LAR3; Paid‑off solar, EV‑ready infrastructure, separate utility meters, and in‑unit laundry
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