$2,400,000
1250 N Mariposa Avenue, Los Angeles CA 90029
Multi-Family (7 Units)
Property type
14 days
On market
$390
Price per sqft
0 cars
Garage
1930
Year built
6,500 sqft
Lot size
Home highlights
Open Houses
Overview
This multifamily property is an attractive asset with a total of seven residential units. The property features a mix of well-designed and spacious one- and two-bedroom units, each equipped with updated amenities that contribute to the overall charm of the Spanish style architecture and offer comfortable living spaces for tenants. Features include: well-maintained units,...
Listing provided by: Rickird Rey Ramirez DRE #01964882 818-941-2990, Ally Commercial Real Estate
Listing updated: May 22, 2026 at 08:53pm.
Last checked: Jun 5, 2026 at 08:01am
Source: CRMLS #DW26111998
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $2,295 | $4,590 | $2,500 | Unfurnished |
| 5 | 2 | 1 | — | $2,876 | $14,381 | $3,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 7
Total Actual Rent: $17,192
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
10.5x
List Price / Annual Gross Rent
Cap Rate
6.29%
NOI / List Price
Gross Scheduled Income: $227,652
Vacancy Allowance Rate: 3%
Operating Expense: $70,830
Net Operating Income: $150,892
Annual Operating Expenses
Gardener: $1,200
Insurance: $307,876
Licenses: $746
Maintenance: $3,500
New Taxes: $38,723
Pest Control: $480
Professional Management: $9,106
Trash: $3,000
Water / Sewer: $14,973
Interior
Flooring: Wood
Cooling: Wall Window Units
Heating: Floor Furnace, Wall Furnace
Appliances: Gas Oven, Gas Water Heater
Laundry: Common Area, Inside
Entry Location: Stairs Off Sidewalk
Exterior
Architectural Style: Spanish
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Shingle
Foundation: Raised
Property Condition: Updated Remodeled
Exterior: Lighting
Common Walls: One Common Wall
Direction Faces: West
Security Features: Smoke Detectors, Window Bars
Lot Features: Six To Ten Units Acre, Rectangular Lot
Pool: None
Spa: None
Fencing: Privacy, Security
Water Source: Public
Sewer: Public Sewer
Road Frontage Type: City Street
Garage and Parking
Parking: None
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5540004003
Additional Parcels: No
Tax Lot: 58
Zoning: LAR3
Community
Senior Community: No
Community Features: Curbs, Hiking, Storm Drains, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 1250 N Mariposa Avenue, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,920,000
Total Interest
$2,448,854
Total Payment
$4,368,854
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,786
per month
Property History for 1250 N Mariposa Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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