2747 S Mansfield Avenue

Los Angeles, CA 90016

  • 4 Bed(s)
  • 0 Bath(s)
  • 2,630 Sqft
  • 4809
    Sqft(Lot)
$1,275,000

Description

We are pleased to present a turn-key 4-unit property (2 new and vacant units) located in the highly desirable west adams neighborhood. the building currently operates at a 6.15% cap and 11.92 grm on current rents (assuming market for the vacant units)! the property consists of two separate, single-story structures built in 1924 and 2024 (two new build adus) with a unit mix of 2 one-bedroom 1 bath units, 1 two-bedroom 1 bath unit, and 1 studio unit. with two vacant renovated units, there is an immediate opportunity for an owner user to live in one unit and rent out the others, or for an investor to capture immediate upside and re-rent both units at market rents in a highly coveted and proven submarket. this opportunity is located just south of adams blvd and west of la brea ave in very close proximity to one of the trendiest corridors in los angeles. located a short walk away from numerous iconic west adams restaurants, including tartine, alta, mizlala, farmhouse kitchen, chulita, and cento, this property is strategically situated nearby a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. contact the listing broker to coordinate a tour.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    47745142

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 0
    • Half Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1924
    • Building Area Total: 2,630

  • 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: 1,275,000
    • Listing Contract Date: 2024-11-20

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5049015028

  • Garage and Parking

    • Garage Description: Concrete

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C16 - Mid Los Angeles
    • Postal Code Plus 4: 3513
    • Directions: Google Maps: 2747 S Mansfield Ave, Los Angeles, CA 90016
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C16 - Mid Los Angeles

    Building and Construction

    • Property Age: 100
    • Year Built Source: Assessor
    • Total Square Feet Living: 2630
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/22/2024 @ 23:28

  • MLS: 24465517
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 2,630 sqft, 4,809 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90016, this Los Angeles County Home are nearby neighborhoods.