• 2747 S Mansfield Avenue Los Angeles, CA 90016

  • $1,395,000
  • 4
    Bed(s)
  • 4
    Baths
  • 2,630
    Sq Ft
  • 4809
    Sqft
  • Listed By: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc., DRE #02100737
  • Source: CRMLS

2747 S Mansfield Ave is a 4-Plex with 2 newly constructed units and will be delivered with 50% of units tenant ready by close of escrow. The property is nestled in the thriving West Adams pocket of Los Angeles. This property showcases an extraordinary unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (1) Studio Unit, catering perfectly for today's renters. Highlighted by a massive 1,314 SF 2-Bed/1-Bath front unit, this asset is ideal for an owner/user to live in a newly remodeled unit and cash flow from the remaining three. The offering presents any investor or owner/user the opportunity to acquire an incredible 4-Plex in one of LA's most sought after neighborhoods. Notably, the (2) 1-Bed/1-Bath units are newly constructed ADUs, exempt from any rent control laws, adding a valuable element to this investment opportunity. The ADUs and the renovated 2-Bed/1-Bath unit all tenant ready, this asset will cash flow at a 5.36% cap rate for an investor. West Adams is a historic neighborhood known for its rich architectural heritage and diverse cultural history. The area is home to a variety of shops, restaurants, and services that contribute to its vibrant community. This asset is minutes from N/Soto, Mizlala, Highly Likely, Cento Pasta Bar, and​​‌​​​​‌​​‌‌​‌‌​​‌​​​‌​‌​​‌‌​‌​‌ more.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1066635627 1 1 1 0
2 1066635627 1 1 1 0
3 1066635627 1 0 1 0
4 1066635627 1 2 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1924

Building Area Total: 2,630

Pool Features

None

Laundry Features

Inside

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1104

Lot Size Source: Assessor

Lot Size Square Feet: 4809

Listing Price Information

Original List Price: 1,395,000

Listing Contract Date: 2024-04-09

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5049015028

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C16 - Mid Los Angeles

Directions: West of La Brea, South of W Adams

Zoning: RD 1.5

Source Property Type: Residential Income

Area: C16 - Mid Los Angeles

Property SubType: Quadruplex

Building and Construction

Property Age: 100

Common Walls: No Common Walls

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: Front

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2636 Virginia Road, Los Angeles, CA,90016 $3,250,000 16 -- 6,936 6550 Sqft
2049 S Burnside Avenue, Los Angeles, CA,90016 $950,000 -- -- 2,448 5775 Sqft
1943 S Spaulding Avenue, Los Angeles, CA,90016 $1,060,000 2 1 1,095 6734 Sqft
2419 S Palm Grove Avenue, Los Angeles, CA,90016 $1,025,000 2 -- 1,800 5500 Sqft
3043 S La Brea Avenue, Los Angeles, CA,90016 $10,000,000 -- -- -- 39901 Sqft
4120 W Jefferson Boulev.., Los Angeles, CA,90016 $1,499,000 -- -- -- 5490 Sqft
2155 S West View Street, Los Angeles, CA,90016 $3,400,000 -- -- 5,985 6000 Sqft
5735 Bowesfield Street, Los Angeles, CA,90016 $1,005,000 2 2 1,590 6316 Sqft
2121 Thurman Avenue, Los Angeles, CA,90016 $899,000 3 -- 1,412 5004 Sqft
2531 Hillcrest Drive, Los Angeles, CA,90016 $1,295,000 6 -- 3,122 6217 Sqft

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ByOwner last updated this listing 04/29/2024 @ 13:24

MLS: SB24046074
LISTED BY: Aaron Jacobson, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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