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Additional details
$ 1,645,000
Est. payment /mo
New
1347 N Mansfield Los Angeles, CA 90028
1 Bed
1 Bath
5,231 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26132327
Bedrooms 1
Lot Size 5,231 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 1347 N Mansfield Ave, a 4 unit multi-family property located in the supply constrained neighborhood of Hollywood. Built in 1931, the subject property consists of 3,424 rentable square feet spread throughout a .12 acre lot. The building consists entirely of spacious 1-Bedrooms / 1-Bathroom units. The property is in a prime location near major employers, sources reveal that this central Hollywood neighborhood has a higher income than 40.8% of the neighborhoods in America. The centralized location benefits from Media, Technology and Creative Office Boom in Hollywood/Miracle Mile. Future renters have a short commute to Major Employment Centers such as Beverly Hills, Century City, Hollywood and Downtown Los Angeles. The Central Hollywood neighborhood has tons of character, it is very unique that the concentration here of studios and other small living spaces is at near-record heights. In addition, 97.8% of the real estate in the Central Hollywood neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in the US. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investors portfolio.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Sunset and Highland
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5548023041
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Ryan Gonzalez, DRE#01874815 Lyon Stahl Investment Real Est
NEARBY SCHOOL & BUSINESS
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