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2025 Fourplex with Private Outdoor Space
For Sale
$3,065,000

616 North Mariposa Avenue, Los Angeles, CA 90004

Four three-bedroom residences combine private balconies and rear yards with separately metered utilities and paid-off solar.

Property Size6,106 SF
Price / SF$501.97
Days on Market101

Property Features for 616 North Mariposa Avenue

General Information

Standard status Active
Size 6,106 SF
Total Parking Spaces 8
Property subtype Residential Income
Zoning LAR3
Net Operating Income $186,356

Site & Location

Neighborhood East Hollywood

Building Details

Year Built 2025
Buildings 2
Units 4
Listing Agency: Four Brothers Real Estate, Inc.
Listed By: Drew Dunn · License #01941825
Source: Compass
Added: Jul 21 Changed: Oct 29 Last Checked: Oct 28 at 8:19AM

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 Four Brothers Real Estate, Inc.

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Investment Insights

Based on property information with market context.

Built in 2025, this fourplex contains 6,106 square feet across four residences, each with 3 bedrooms and 3.5 bathrooms. Open living areas connect to kitchens with white oak cabinetry, marble islands, stainless steel appliances, and storage. Private balconies and rear yards extend the living space. Each residence includes a refrigerator, dishwasher, range, washer and dryer, smart-home features, Ring security, a Nest thermostat, and integrated network wiring. The property is fully leased, has separate utility metering, and includes paid-off solar and EV-ready infrastructure.

The enclosed site has automatic-entry wrought iron gates, vinyl fencing, and on-site parking. Zoning is LAR3. The existing garage layout may allow conversion of both garages to ADUs, which could bring the property to six units and approximately 6,737 square feet of rentable living area; this is a potential expansion, not an existing configuration. A one-year builder warranty is included.

Key Highlights

  • Four residences, each with 3 bedrooms and 3.5 bathrooms
  • 6,106 square feet; built in 2025
  • Fully leased; separately metered utilities and paid‑off solar

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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 - Four three-bedroom residences combine private balconies and rear yards with separately metered utilities and paid-off solar.
Where is this quadplex located?
The property is located at 616 North Mariposa Avenue 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; 6,106 square feet; built in 2025; Fully leased; separately metered utilities and paid‑off solar
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