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1243 S Mariposa Ave offers strong value for money, ranking in the 92.86 percentile compared with similar properties in the area. Its notable features include wood-style flooring, a ceiling fan, refrigerator, on-site laundry, and shared laundry facilities in a prime location.
Things you’ll love
Less expensiveEco-friendly trash disposalExtra storageGreat for
Pet owners| ~1 MONTH FREE~ Open Studio with Hardwood-Style Floors, Walk-In Closet, Air Conditioning and On-Site Laundry in the Heart of Pico-Union! | Studio | 1 bath | 400 sqft | $958 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Gas Included |
| Hardwood Floor | Walk-in Closet |
| Water & Sewer Included |
Appliances
| Refrigerator | Window Unit AC |
Building
| Cats OK | Dogs OK |
| Laundry Shared | Onsite Laundry |
Grounds
| Assigned Parking |
Services
| Trash Removal Included |
Other
| One Year Lease |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 1 |
|---|
SCHEDULE A SHOWING ONLINE AT: showmojo. com lz 5ec79cc0a0 ---- ~1 MONTH FREE~ Open Studio with Hardwood-Style Floors, Walk-In Closet, Air Conditioning and On-Site Laundry in the Heart of Pico-Union! **Resident will receive a one-time credit of 1 Month FREE off of the Market Rent Price of $1,045. The advertised price is based on the NET EFFECTIVE RENT, which shows the savings as amortized over the entire 12-month lease term. Case by Case - Spread or placed on 11th month of lease term. Deposit is based on the market rent of $1,045.* Settle into this bright studio home, where natural light makes the space feel open and easy to relax in. A comfortable layout gives you a welcoming spot to call your own in central LA. • Open studio layout • Kitchen with a refrigerator • Hardwood-style floors • Window-unit air conditioning • Shared on-site laundry • Street parking only — no parking included with this unit • Water, sewer, trash, and gas included • Pet-friendly (cats and dogs, ≤40 lbs, 4 pets max, breed restrictions apply) • $30/mo pet rent • Service animals and ESAs are always exempt from pet restrictions Pico-Union offers a dense, walkable grid where city buses, small markets, and coffee stops like Van Dyke Coffee LA are all within easy reach, with Seoul International Park nearby for some open-air breathing room. Qualifying criteria: applicants need a minimum credit score of 650 and verifiable household income of at least 2.5x the monthly rent. Applicants who fall slightly short on a requirement may still be considered under alternative terms. All criteria are applied consistently to every applicant. Housing vouchers and all lawful sources of income are accepted, and applicants using a government rent subsidy are evaluated only on their share of the rent and are not held to the credit score minimum. Don't miss out on the opportunity! Available for an immediate move-in. Call (424) 400-7010 to schedule a viewing today! Photos may not reflect the exact available unit. Unit Comes UNFURNISHED — Some images may be digitally staged. Availability is not guaranteed - please verify all details. Square Footage is approximate. Showings may not be 1-on-1. Listed pricing and special offers are only valid for new residents. Pricing and availability are subject to change without notice and may vary between similar units. Red Oak does not warrant or represent that image renderings on this website are an accurate representation of every floor plan available at the Property. Floor plans may vary unit by unit and by location at the Property. Please contact the Leasing Office to schedule a tour of the Property and the particular unit you are interested in. Pricing and availability are subject to change at any time. All applicants receive equal consideration; we follow all Fair Housing laws.
How 1243 S Mariposa Ave compares to other nearby properties.
Positives
Considerations
studio apartments at 1243 S Mariposa Ave cost about 29% less than the average rent price for studio apartments in Pico Union.
| Month | Median Rent |
|---|---|
| November 2024 | $1,814 |
| December 2024 | $1,845 |
| January 2025 | $1,848 |
| February 2025 | $1,815 |
| March 2025 | $1,810 |
| April 2025 | $1,756 |
| May 2025 | $1,745 |
| June 2025 | $1,750 |
| July 2025 | $1,750 |
| August 2025 | $1,736 |
| September 2025 | $1,702 |
| October 2025 | $1,702 |
| November 2025 | $1,709 |
| December 2025 | $1,738 |
| January 2026 | $1,739 |
| February 2026 | $1,721 |
| March 2026 | $1,697 |
| April 2026 | $1,690 |
| May 2026 | $1,650 |
| June 2026 | $1,651 |
| July 2026 | $1,650 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| October 2026 | $1,649 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,486 |
| December 2024 | $1,468 |
| January 2025 | $1,447 |
| February 2025 | $1,402 |
| March 2025 | $1,396 |
| April 2025 | $1,327 |
| May 2025 | $1,384 |
| June 2025 | $1,385 |
| July 2025 | $1,377 |
| August 2025 | $1,344 |
| September 2025 | $1,310 |
| October 2025 | $1,320 |
| November 2025 | $1,384 |
| December 2025 | $1,397 |
| January 2026 | $1,400 |
| February 2026 | $1,391 |
| March 2026 | $1,385 |
| April 2026 | $1,361 |
| May 2026 | $1,342 |
| June 2026 | $1,328 |
| July 2026 | $1,347 |
| August 2026 | $1,332 |
| September 2026 | $1,313 |
| October 2026 | $1,347 |
Can I afford to live at 1243 S Mariposa Ave?
Bedrooms
StudioRent-to-income ratio
30%
$38,320/yr
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$1,190
MacArthur Park • 727 South Coronado Street #204
Studio
$1,095
Congress West • Stevely Ave
1 Bed
$1,200
Boyle Heights • N Cummings St
1 Bed
$1,238
Mar Vista
Rooms in
$935–$1,215
Wilshire Center - Koreatown • 851 S Kenmore Ave
Studio
$1,233–$1,345
Rampart Village • 233 S La Fayette Park Pl
Studio
N/A
