8 months on rocket

Backup Offers

1002 N Mariposa Ave, Los Angeles, CA, 90029

$4,695,000

28 Bedrooms
28 Baths
22,368 SqFt
$210/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingNone
Year Built1924
HeatingNone
CoolingNone
MLS #24381493
Lot Size0.44 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1002 N Mariposa Ave

1002 N Mariposa Ave is a beautiful 28-unit courtyard property located in the heart of Hollywood. Consisting of all large units, 25 of the 28 units are two bedrooms. Asking only 11.16 GRM and 5.46% cap with LOW LOW rents, this offers a new investor approximately 60% upside potential. Please do not disturb the tenants as the building is fully occupied.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 22,368 SqFt

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 28

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: South of Santa Monica Blvd and East of Normandie Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,695,000
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $30,643
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1002 N Mariposa Ave vs Los Angeles

248 DAYS ON ROCKET

+210 Days

$4,695,000

+$3.6M More

$210/SqFt

-$430 Less

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price and $430/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24381493

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 8:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2021Home Sold
$1,297,500
Apr 14, 1998Home Sold
$161,000
Sep 30, 1994Home Sold
$650,000
Oct 25, 1993Home Sold
$100,000
Nov 02, 1988Home Sold
$1,335,000
Nov 02, 1988Home Sold
$1,335,000

Tax History

YEARPROP. TAXASSESSMENT
2021$30,643$2,367,806
2020$29,776$2,340,083
2019$29,376$2,294,200
2018$28,725$2,249,217
2017$28,725$2,205,116

History based on county public records data.

Payment Calculator

$23.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.1K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1163352
3
/10
  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.18 miles

  • Public District Grades KG-6

school-card-donut-1163353
5
/10
  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-1163354
4
/10
  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.56 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,125. Typical income of Los Angeles, CA residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1002 N Mariposa Ave

What is the listing price of this property?

The listing price of 1002 N Mariposa Ave property is $4,695,000.

What type of property is this?

The property 1002 N Mariposa Ave is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Accepting Backup Offers: 1002 N Mariposa Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $30,643 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 11, 2021 for $1,297,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1002 N Mariposa Ave has 28 bedrooms and 28 bathrooms.

What is the square footage of this property?

The property 1002 N Mariposa Ave is 22,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1002 N Mariposa Ave is 1924.
Rocket Homes logo

Interested in 1002 N Mariposa Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900291002 N Mariposa Ave

This home is located at 1002 N Mariposa Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 22,368 square foot home, which was built in 1924, sits on a 0.44 acre lot. Features: 28 bedrooms, 28 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $4,695,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

More Resources