1213 Mariposa Street

Glendale, CA 91205

$1,375,000
Price
4
Beds
2,958 Sq. Ft.
$465 / Sq. Ft.
2,958
Sq. Ft.
$465
per Sq. Ft.

Description

Incredible price for a real five unit building. Fix and save. Prime glendale adams hill/adams square multi unit fixer opportunity. Huge upside potential! First time on the market in 20+ years. Under market rents – tremendous possibilities. Zoned glr4yy. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (NOW VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted...Incredible price for a real five unit building. Fix and save. Prime glendale adams hill/adams square multi unit fixer opportunity. Huge upside potential! First time on the market in 20+ years. Under market rents – tremendous possibilities. Zoned glr4yy. Five units total PLUS a converted garage studio. Breakdown is as follows: One - 3 bedroom/2 bath front house (NOW VACANT). One - 1 bedroom/1 bath unit (LEASED). THREE separate studio units (TWO ON MONTH TO MONTH and one gutted/vacant), plus a converted garage studio (WILL BE DELIVERED VACANT after COE). One of the studio units is vacant and gutted, and ready to be renovated. Newly updated 1 bed/1 bath unit - just redone (see new pics). Lots of room for improvement. THREE total structures on the lot. Please do not disturb tenants or go on property. Front house built in 1912 - middle units built in the 1950's - stand alone unit built in 1960's. Do not miss your chance! Active rents at this time are approximately $3787 TOTAL per month BUT this does not include newly vacant front house (which will easily double incoming rents), plus detached studio. Cash/hard money or strong downpayment only as this is will require a commercial loan because it is 5 units.
  1. Listed by Arto Poladian • DRE #01779642 • Brokerage DRE #01521930 • Redfin Corporation

Property Details for 1213 Mariposa Street

Parking Spaces Total
0
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2958
Assessor Parcel Number
5676-029-011
Property Attached YN
true

Location

Listing Courtesy of Redfin Corporation, Arto Poladian, DRE #01779642
Add your commute
LISTING UPDATED: 05/25/2024 02:09 PM

Property Details for 1213 Mariposa Street

StatusActive
MLS #BB24099096
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
CountyLos Angeles County

Location

Listing Courtesy of Redfin Corporation, Arto Poladian, DRE #01779642
Add your commute

Building Information for 1213 Mariposa Street

Building/Complex1213 Mariposa StFloor-Stories2Residences-Pet Policy-Year Built1912Building Size-

Payment Calculator

$8,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,504

Property Taxes

$647

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1213 Mariposa Street

Rental Info
Rental Info
  • Tenant Pays: Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Laundry Income: $0
  • Other Income Description: see supplements
  • Current Financing: None
Expense Details
  • Operating Expense: $0
  • Gardener Expense: $0
  • Fuel Expense: $0
  • Pest Control Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Professional Management Expense: $0
  • Other Expense: $0
  • Other Expense Description: prop tax
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Supplies Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: GLR4YY
  • Tax Census Tract: 3025.05
  • CFD/Mello-Roos Fee: $751
  • Tax Lot: 23
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Level with Street
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $851
  • Unit Type Total Rent: $851
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,750
  • Unit Type Total Rent: $1,750
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $824
  • Unit Type Total Rent: $824
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $363
  • Unit Type Total Rent: $363
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 1
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 1213 Mariposa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1213 Mariposa Street

Taxable ValueLand$612,515Additions$34,792Total$647,307
Tax Record2023$7,760 ($647 / month)
Home Facts
Total Finished SqFt2,958 SqFtAbove Grade Finished SqFt2,958 SqFtLot Size7,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningGLR4YYCountyLOS ANGELESAPN5676-029-011

Schools near 1213 Mariposa Street

This home is within Glendale Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 10
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Theodore Roosevelt Middle School
Public6 to 8

Glendale High School
Public9 to 12

Jewel City Community Day School
Public7 to 10

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1213 Mariposa Street is a multi-family home for sale in Glendale, CA 91205. This property was listed for sale on May 16, 2024 by Redfin Corporation, it's currently listed at $1,375,000. This listing's school district is Glendale Unified School District. Nearby schools include Horace Mann Elementary School, Theodore Roosevelt Middle School and Glendale High School. 1213 Mariposa Street is a 4-bed, 0-bath, 2,958 sqft multi-family home built in 1912.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation, Arto Poladian, DRE #01779642

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.