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134 N Mariposa Ave, Los Angeles, CA, 90004

$13,750,000

60 Bedrooms
60 Baths
35,216 SqFt
$390/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingCommunity Structure
Year Built1986
HeatingWall Furnace
MLS #24356211
Lot Size0.41 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 134 N Mariposa Ave

This is a turnkey investment opportunity with the Monarch Apartments, located at 134 N Mariposa Ave in Koreatown, Los Angeles. This44-unit complex, constructed in 1986 and not subject to the LosAngeles Rent Stabilization Ordinance, presents a prime mix of 28one-bedroom (including 10 with lofts on the third floor) and 16 twobedroomunits, accompanied by 44 parking spaces. The propertyhas undergone significant renovations in 22 units, featuring luxuryupdates such as vinyl plank flooring, modern cabinets, quartzcountertops, and new stainless-steel appliances, with 20 units nowboasting in-unit washers and dryers completed with permits.Further enhancements include substantial exterior upgradeslike new paint, wood accents, an updated intercom and

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 0
  • Living Area: 35,216 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 60

Exterior Features

Parking Information:

  • Parking: Community Structure

Lot Features

Lot Information:

  • Lot Size: 0.41 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Contreras Learning Center-School of Social Justice, Public District Grades 9-12
  • Virgil Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Alexandria Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: 134 N Mariposa Ave is located on just east of Normandie Aveand south of Beverly Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $13,750,000
  • Price Per SqFt: $390/SqFt

Tax Information:

  • Annual Amount: $99,320
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

134 N Mariposa Ave vs Los Angeles

79 DAYS ON ROCKET

+45 Days

$13,750,000

+$12.7M More

$390/SqFt

-$238 Less

KEY TAKEAWAY

This property is $12.7M more than the Median Sold Price and $238/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: #24356211

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Neema Ahadian

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: 4/27/2024, 8:25:21 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

Aug 10, 2021Home Sold
$12,240,000
Aug 26, 2011Home Sold
$2,512,500
Aug 26, 2011Home Sold
$4,488,000
Apr 28, 1995Home Sold
$1,750,000
Jul 19, 1988Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$99,320$8,127,314
2020$96,384$8,039,526
2019$96,002$7,881,889
2018$93,909$7,727,343
2017$93,909$7,575,828

History based on county public records data.

Payment Calculator

$68.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$41.2K

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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.

Elementary School

school-card-donut-1581447
4
/10
  • Alexandria Avenue Elementary School

  • 4211 Oakwood Ave

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-1581448
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.74 miles

  • Public Magnet Grades KG-6

school-card-donut-1581449
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.27 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1581450
4
/10
  • Virgil Middle School

  • 152 N Vermont Ave

  • 0.53 miles

  • Public District Grades 6-8

school-card-donut-1581451
4
/10
  • Studio

  • 2211 W Avenue 30

  • 4.18 miles

  • Public District Grades 6-8

High School

school-card-donut-1581452
2
/10
  • Belmont Senior High School

  • 1575 W 2nd St

  • 2.15 miles

  • Public District Grades 9-12

school-card-donut-1581453
1
/10
  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 2.46 miles

  • Public District Grades 9-12

school-card-donut-1581454
2
/10
  • Contreras Learning Center-School of Social Justice

  • 322 Lucas Ave

  • 2.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,779. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 134 N Mariposa Ave

What is the listing price of this property?

The listing price of 134 N Mariposa Ave property is $13,750,000.

What type of property is this?

The property 134 N Mariposa Ave is a house located in Los Angeles, California, 90004.

Is this property for sale now?

Accepting Backup Offers: 134 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 are the assigned schools for this property?

The assigned schools for 134 N Mariposa Ave are:
Alexandria Avenue Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Virgil Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 2/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10
Contreras Learning Center-School of Social Justice: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $99,320 (source: MLS/based on county public records data).

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

The last sale was on August 10, 2021 for $12,240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 134 N Mariposa Ave has 60 bedrooms and 60 bathrooms.

What is the square footage of this property?

The property 134 N Mariposa Ave is 35,216 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 134 N Mariposa Ave is 1986.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90004134 N Mariposa Ave

This home is located at 134 N Mariposa Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 35,216 square foot home, which was built in 1986, sits on a 0.41 acre lot. Features: 60 bedrooms, 60 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $13,750,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

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