$3,150,000
978 S Mariposa, Los Angeles CA 90006
Multi-Family (7 Units)
Property type
123 days
On market
$586
Price per sqft
0 cars
Garage
2017
Year built
5,907 sqft
Lot size
Home highlights
Open Houses
Overview
Built in 2017, this 7 unit apartment complex is located near Koreatown and is surrounded by numerous shopping, dining, and entertainment venues. This complex has a good mix of studios, one bedroom, and two bedrooms units. Each unit features high ceilings, high end interior design quality, and their own washer and dryer. This apartment does not have rent control and there...
Listing provided by: THOMAS LO DRE #01842952 626-315-8405, Thomas Iping Lo, Broker
Listing updated: Feb 3, 2026 at 01:52am.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #WS26023380
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 0 | 1 | — | $1,650 | $1,650 | $1,750 | Unfurnished |
| 1 | 0 | 1 | — | $1,750 | $1,750 | $1,750 | Unfurnished |
| 1 | 0 | 1 | — | $2,000 | $2,000 | $2,000 | Unfurnished |
| 1 | 1 | 1 | — | $2,095 | $2,095 | $2,500 | Unfurnished |
| 1 | 1 | 1 | — | $2,500 | $2,500 | $2,500 | Unfurnished |
| 1 | 2 | 2 | — | $2,900 | $2,900 | $3,200 | Unfurnished |
| 1 | 2 | 2 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 7
Rent Control: No
Units Leased: 7
Total Actual Rent: $16,095
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
4.3%
NOI / List Price
Gross Scheduled Income: $193,140
Operating Expense: $58,236
Net Operating Income: $134,904
Annual Operating Expenses
Electric: $1,914
Gardener: $2,400
Insurance: $4,833
New Taxes: $39,375
Professional Management: $0
Trash: $6,431
Water / Sewer: $3,283
Interior
Cooling: Central Air
Heating: Central
Laundry: Inside
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 9
Parking Total: 9
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5078003016
Additional Parcels: No
Tax Lot: 18
Tax Block: 7
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 978 S Mariposa, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,520,000
Total Interest
$3,214,121
Total Payment
$5,734,121
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$19,359
per month
Property History for 978 S Mariposa
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
Similar Homes
Listings with similar prices to 978 S Mariposa