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
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.
This property is $3.6M more than the Median Sold Price and $431/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
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: 11/22/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 11, 2021
Mar 11, 2021Home Sold
$1,297,500
Apr 14, 1998
Apr 14, 1998Home Sold
$161,000
Sep 30, 1994
Sep 30, 1994Home Sold
$650,000
Oct 25, 1993
Oct 25, 1993Home Sold
$100,000
Nov 02, 1988
Nov 02, 1988Home Sold
$1,335,000
Nov 02, 1988
Nov 02, 1988Home Sold
$1,335,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$23.5K
Per Month
Principal & Interest
$23.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.1K
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Ramona Elementary
1133 N Mariposa Ave
Distance between this listing and this school0.18 miles
Public District Grades KG-6
5
/10
Kingsley Elementary School
5200 Virginia Ave
Distance between this listing and this school0.30 miles
Public District Grades KG-5
4
/10
Lockwood Avenue Elementary
4345 Lockwood Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-6
Nearby Schools
6
/10
Thomas Starr King Middle School
4201 Fountain Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.13 miles
Public District Grades 6-8
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.15 miles
Public District Grades 6-8
Nearby Schools
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school0.99 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school0.99 miles
Public District Grades 9-12
3
/10
Apex Academy
1309 N Wilton Pl Fl 3
Distance between this listing and this school0.99 miles
The neighbors living near this home have an average income of $42,125. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area 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?
Active Listing: 1002 N Mariposa Ave is For Sale (Active/New) which means the seller is accepting offers.
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.
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.
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 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Foot Locker
Ross Dress For Less
Boston Market
Popeyes
Little Caesars
Honda
Nissan
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary