1412 Mariposa Ave Los Angeles, CA 90006-4369
Property profile & analytics
1412 Mariposa Ave Los Angeles, CA 90006-4369
- Apartment buildings
- 5,323 SF
- 0.15 lot acres
Property ID
US09-6344246
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 1412 Mariposa Ave
- Year built
- 1963
- Lot size
- 0.15 lot acres
- Property size
- 5,323 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 5075-008-016
- APU
- 5075008016
Description
This exceptional opportunity presents a ready-to-issue, 73-unit (72 units + 1 ADU) affordable housing development project in Los Angeles' vibrant East Hollywood neighborhood. Situated on a 6,789 sq ft lot (APN 5543-024-017), this project boasts 19,024 sq ft of total floor area, including 15,062 sq ft of rentable space plus a 382 sq ft ADU. The five-story building, designed with Type III-A construction, features primarily efficiency units averaging 195 sq ft, maximizing affordability and yield. Rent restrictions adhere to TCAC Schedule IX (80%) and HCD Schedule VI (20%) guidelines. Located in an Opportunity Zone and a Transit-Priority Zone, this property benefits from a Walk Score of 90 ("Walker's Paradise"), proximity to Kaiser Permanente and Children's Hospital, and easy access to public transportation, including the Vermont/Sunset Metro Subway Station. All entitlements are in place, ensuring a smooth transition to construction. The property will be delivered vacant and ready-to-issue at close of escrow. Importantly, this project is exempt from prevailing wage requirements, SB 8 replacement requirements, and construction lift requirements due to the building height being under 60 feet. The asking price is $2,375,000. This is a truly unique opportunity to invest in a high-impact, socially responsible project in a prime Los Angeles location. The zoning is RD2-1XL.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $575,000
- ML approach
- $590,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.298
- Latitude
- 34.046
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,869
$482,910
$331,996
$814,906
-
$0.00
$0.00
$0.00
