2747 S Mansfield Avenue Los Angeles, CA $ 1,395,000
2747 S Mansfield Avenue
$ 1,395,000
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2747 S Mansfield Avenue

Los Angeles, CA, 90016
$ 1,395,000
Bedrooms4 Baths4.0 Sq 2,630

Monthly Estimate*

$ 9,744

Listed by Lyon Stahl Investment Real Estate, Inc.
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 1
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 2
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 3
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 4
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 5
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 6
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 7
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 8
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 9
2747 S Mansfield Avenue, Los Angeles, CA 90016 - Image 10

Multi-Family Home for sale in Los Angeles, CA

for $1,395,000 with 4 bedrooms and 4 full baths. This 2,630 square foot home was built in 1924 on a lot size of 0.1104.

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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Multi-Family Active

Price

$ 1,395,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1104

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB24046074

Days on Market

27

Features
General
Sewer PublicSewer
Zoning RD 1.5
Garage Spaces 0.0
Pool Features None
Year Built 1924
Property SubType Quadruplex
Gross Income 104837.0
Community Features Biking DogPark Golf Park Suburban Sidewalks
County Los Angeles
Net Operating Income 74837.0
Operating Expense 26855.0
Insurance Expense 2236.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions West of La Brea South of W Adams
City Los Angeles
Entry Location Front
View Y/N N
Senior Community Y/N N
Open Parking Spaces 1.0
Total Units 4
MLS Area C16 - Mid Los Angeles
Lot Size Square Feet 4809.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Mansfield
Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional Item1031Exchange FHA
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 1600.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 1600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 12
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 444
Property Sub Type Additional Quadruplex
Taxes 17019.0
Cap Rate 5.36
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 1.0
Lot Size Area 4809.0
Number of Buildings 2
Spa N
Building Area Total 2630.0
Lot Size Acres 0.1104
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features Inside
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2747
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

(310) 729-1559

Phone

Affordability Calculator

$9,744
Per Month
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Monthly Principal & Interest
$9,744
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$1,395,000 Listed Price

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2747 S Mansfield Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $1,395,000 with 2,630 sqft and a lot size of 0.1104. 2747 S Mansfield Avenue has 4 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 90016 which is in Los Angeles, CA