1107 S Mariposa AVE, Los Angeles, CA 90006
1107 S Mariposa AVE, Los Angeles, CA 90006
1107 S Mariposa AVE, Los Angeles, CA 90006
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Sang Ur, DRE #01474940 • Redfin Corporation
$1,650,000
Est. payment /mo
8 Beds
5 Baths
2,588 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,588 sqft

Price per Sqft $637

MLS Listing ID CRPF26141844

Bedrooms 8

Full Baths 5

Year Built 1904

Lot Size 5,901 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Prime Koreatown Covered Land Play, House-Hack, & High-Density Development Opportunity! This versatile setup is perfect for an owner-user looking to occupy the entire property, or "house-hack" by living in one unit while offsetting the mortgage with substantial supplemental income from the others. It is equally lucrative for traditional investors and developers alike. Situated on a prime ±5,901 sq. ft. flat lot in the high-demand rental core of Los Angeles (90006), 1107 S Mariposa Ave represents the ultimate multi-tier investment asset. Operating with an SFR footprint but uniquely optimized for maximum revenue, the property features a turnkey, high-yield co-living configuration in the front building paired with a detached back unit. Crucially, 100% of the current tenants are on Month-to-Month leases at rates significantly below market standards, delivering an incoming buyer unparalleled operational flexibility. This ensures an immediate path to aggressive market-rate stabilization for a value-add buyer, or a frictionless timeline for a developer looking to clear the site. While generating resilient holding income, buyers can leverage the property's premium R3-1 zoning and Transit Oriented Communities (TOC) eligibility. This high-density transit corridor designation unlocks massive

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Rooms

Kitchen Other

Interior

Heating Other

Cooling Other

Fireplaces Type None

Exterior

Garage Spaces 6.0

Pool 31, None

Utilities Available Other

View City Lights

Building

Water Heater - Gas, District - Public

Others

Tax ID 5078020002

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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