Home | Los Angeles County | Los Angeles | 90027 | 1415 N Mariposa
MLS: CRSR26027276 | Status: Active | Price: $1,850,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,791 | 1921 |
Prime Redevelopment Opportunity – High-Density SB 79 Site with Approved ADU in Hollywood Outstanding opportunity to acquire a 4-unit apartment property positioned for significant redevelopment upside in one of Hollywood’s most desirable and transit-oriented residential neighborhoods. The existing improvements include two 2-bedroom / 2-bath units and two 1-bedroom / 1-bath units, all featuring formal living rooms, formal dining rooms, oversized kitchens, and private balconies. The property is located within a high-density residential zone qualifying for enhanced development incentives under California SB 79, allowing substantial residential density increases beyond base zoning standards. When paired with SB 35 ministerial approval pathways and SB 330 development streamlining and vested rights protections, this site offers a rare opportunity for by-right multifamily expansion with reduced entitlement risk and accelerated timelines. Approved plans for an additional 2-bedroom ADU are already in place, providing immediate near-term income upside while longer-term redevelopment options are explored. The zoning and statutory framework make this property ideal for unit count expansion, vertical addition, or full redevelopment, subject to buyer verification. Ideally situated w
| Field | Value |
|---|---|
| MLS # | CRSR26027276 |
| MLS Source | California Regional MLS |
| Days on Site | 78 |
| Feature | Details |
|---|---|
| Appliances | Oven Range - Gas, Dryer |
| Flooring | Bamboo |
| Cooling | Central Forced Air |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Garage: 2 Car(s) |
Levon Terzian
HiLine Inc.
License #: 01792635
Phone: (818) 290-7000
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 750 | – | 0/0 | – |
| 2 | 1,118 | – | 0/0 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1406 Manzanita | $1,595,000 | – | – | – | Active |
| 4214 Rosewood | $1,499,000 | – | – | – | Active |
| 139 S Manhattan | $1,850,000 | – | – | – | Active |
| 2516 Elsinore St | $1,988,000 | – | – | – | |
| 812 N Ridgewood | $1,600,000 | – | – | – | Active |
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This listing information is up-to-date as of February 06, 2026. For the most current information, please contact Levon Terzian, (818) 290-7000.