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978 S Mariposa Ave, Los Angeles, CA, 90006

6beds
9baths
5,375sqft
$3,150,000
$586price/sqft
$20,980/moest. monthly cost
$839,200/yrincome needed

About This Home

Built in 2017, this 7 unit apartment complex is located near Koreatown and is surrounded by numerous shopping, dining, and entertainment venues. This complex has a good mix of studios, one bedroom, and two bedrooms units. Each unit features high ceilings, high end interior design quality, and their own washer and dryer. This apartment does not have rent control and there is room for increased rents. These units are consistently in demand so they are easy to rent out.

Getting Around

95
WalkingWalker's Paradise
73
TransitExcellent Transit
67
BikeBikeable

Construction

Condition

  • Year built: 2017

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 9

Features

  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,375
  • Total interior livable area: 5,375 sqft

Property

Details

  • Parcel number: 5078003016
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Entry location: Front
  • Pool features: None

Lot

  • Lot size: 5,907 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Total spaces: 9
  • Parking features: Carport
  • Covered spaces: 9
  • Carport: Yes
  • Carport spaces: 9

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,928$191,136
Home Insurance *$716$8,592
Property Taxes $3,184$38,208
Electricity $1,152$13,831
Total$20,980$251,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$719,314/yr
40% on housing$629,400/yr
45% on housing$559,466/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$586This listing

vs Other Active Listings

Avg $/sqft

ZIP 90006$416
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90006$474
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-03Listed for sale$3,150,000
2022-06-08Sold$3,680,000
2022-05-19Listing removed--
2022-05-11Listed for rent$2,100
2021-12-22Listing removed--
2021-11-30Price change$2,750
2021-11-04Listed for rent$2,800
2019-07-14Listing removed$3,800,000
2019-05-14Price change$3,800,000
2019-05-03Listed for sale$3,990,000
2018-10-17Listing removed$2,000
2018-10-06Listed for rent$2,000
2015-04-07Sold$670,000
2006-10-20Sold$525,000

For Sale by Agent

AgentTHOMAS LO
BrokerageThomas Iping Lo, Broker

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