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Buyer's agent: Darin Spillman, KW Commercial Studio City, DRE #01366902
Sold on 03/08/2012
$998,000
843 South MARIPOSA Ave Los Angeles, CA 90005
| Beds: | 0 |
| Baths: | 1 |
| Sq. Ft.: | 8,008 |
| $/Sq. Ft.: | $125 |
| Lot Size: | 6,751 Sq. Ft. |
| Property Type: | Multi-Family |
| Year Built: | 1947 |
| Community: | Mid-Wilshire |
| County: | Los Angeles |
| MLS#: | 12-580697 |
| Source: | TheMLS |
| Status: | Closed |
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Constructed in 1948 of wood frame and stucco, the Mariposa Apartments offer an investor the opportunity to acquire a well-managed, pride-of-ownership income property in the heart of the Koreatown/Mid-Wilshire submarket of Los Angeles. The property consists entirely of bachelor units averaging 450 square feet (buyer to verify). Each unit has its own kitchenette with stove and refrigerator, and a common sink that is shared with the bathroom. Expenses are estimated at this time. Units are master metered for gas, water, and electricity. The property is located 2 blocks south of Wilshire Blvd (and the Wilshire-Normandie Metro subway station), 9 blocks east of Western Ave and 6 blocks west of Vermont Ave.
Heating & Cooling
- Wall Heater
- No Cooling
Community Features
- Units in Complex (Total): 18
Lot Information
- Lot Size (Sq. Ft.): 6,751
- Lot Size Source: Vendor Enhanced
- Zoning: LAR4
Property Information
- Square Footage Source: Vendor Enhanced
- Assessed Improvement Value: $281,057
- Tax Parcel Number: 5094018017
Expense Information
- Total Annual: $54,007
Parking Information
- No Parking
Multi-Family Information
- # of Buildings: 1
Land Information
- Assessed Land Value: $269,587
Legal Disclosures
- Owner Has Real Estate License
- Rent Control
Listing Information
- Special Conditions: Standard Sale
- Listing Terms: Cash To New Loan
Building Information
- Total Floors: 2
- Frame and Stucco Construction
Unit 1 Information
- Number: 18
- # of Baths: 1
- Unfurnished
- Monthly Rent: $642
- Monthly Rent (Total): $11,565
- Projected Monthly Rent (Total): $11,565
Location Information
- Driving Directions: 2 blocks south of Wilshire, one block east of Normandie
Financial Information
- Capitalization Rate (%): 7.24
- Net Operating Income: $79,634
- Adjusted Gross Income: $138,780
- Gross Operating Income: $138,780
- Gross Rent Multiplier: 7.80
- Vacancy Allowance (%): 5
Listing last changed
May 18, 2012, 2:29 PM
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Property History for 843 South MARIPOSA Ave
| Date | Event | Price | Appreciation | Source | ||
|---|---|---|---|---|---|---|
| Mar 08, 2012 | Sold (Public Records) | $998,000 | 7.3%/yr | Public Records | ||
| Mar 08, 2012 | Sold (MLS) (Closed) | $998,000 | -- | TheMLS #12-580697 | ||
| Feb 16, 2012 | Pending | -- | -- | TheMLS #12-580697 | ||
| Feb 08, 2012 | Listed (Active) | $1,100,000 | -- | TheMLS #12-580697 | ||
| Oct 03, 2001 | Sold (Public Records) | $480,000 | 4.7%/yr | Public Records | ||
| May 12, 2000 | Sold (Public Records) | $450,000 | 26.0%/yr | Public Records | ||
| Aug 10, 1998 | Sold (Public Records) | $300,000 | 4.5%/yr | Public Records | ||
| Sep 13, 1990 | Sold (Public Records) | $211,500 | -- | Public Records | ||
For completeness, Redfin often displays two records for one sale, one from the listing agent (MLS records) and another from the title on file with the government (public records). Learn more.
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Public Facts for 843 South MARIPOSA Ave
| Beds: | - |
| Baths: | 18.0 |
| Finished Sqft: | 8,008 |
| Unfinished Sqft: | - |
| Total Sqft: | 8,008 |
| Floors: | - |
| Lot Size: | 6,762 |
| Style: | Multi-Family (5+ Unit) |
| Year Built: | 1947 |
| Year Renovated: | 1947 |
| County: | Los Angeles County |
| APN: | 5094018017 |
| Last Updated: | May 4, 2012 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $270,973 |
| Additions | $282,501 |
| Total | $553,474 |
| Tax (2011) | $8,152 |
Home Value Estimates for 843 South MARIPOSA Ave
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Schools near 843 South MARIPOSA Ave, Los Angeles, CA 90005
Select a school to view the school's parent reviews, programs and more. Showing up to five closest schools for each grade level.
Elementary Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| New Open World Academy | Public |
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0.12 mi | Map It |
| Ucla Community School | Public |
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0.23 mi | Map It |
| Mariposa - Nabi Primary Center | Public |
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0.23 mi | Map It |
| Hobart Boulevard Elementary School | Public |
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0.44 mi | Map It |
| Los Angeles Elementary School | Public |
|
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0.66 mi | Map It |
Middle Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| New Open World Academy | Public |
|
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0.12 mi | Map It |
| Ambassador Global Leadership | Public |
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0.29 mi | Map It |
| Berendo Middle School | Public |
|
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0.58 mi | Map It |
| Young Oak Kim Academy | Public |
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0.69 mi | Map It |
| St Thomas the Apostle School | Catholic |
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0.76 mi | Map It |
High Schools
| School Name | Type | GreatSchools Ratings | Parent Rating | Distance* | Nearby Homes |
|---|---|---|---|---|---|
| New Open World Academy | Public |
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0.12 mi | Map It |
| Ambassador Global Leadership | Public |
|
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0.29 mi | Map It |
| School - Visual Arts & Humanity | Public |
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0.29 mi | Map It |
| La High School For the Arts | Public |
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0.29 mi | Map It |
| Bshp Conaty - O Lady - Loretto School | Catholic |
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0.74 mi | Map It |
* Living near this school does not guarantee enrollment. Please contact the school directly to determine enrollment requirements.
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