Thank you
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
310-425-9838
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.
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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 |
Water Source : Public
Sewer : Public Sewer
Year Built: 1924
Building Area Total: 2,630
None
Inside
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1104
Lot Size Source: Assessor
Lot Size Square Feet: 4809
Original List Price: 1,395,000
Listing Contract Date: 2024-04-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5049015028
Lease Term: Negotiable
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
Property Age: 100
Common Walls: No Common Walls
Structure Type: Quadruplex
Year Built Source: Assessor
Entry Level: 1
Entry Location: Front
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.