1516 S Mansfield Ave - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$1,495,000 USD
818-652-9817
1516 S Mansfield Ave, Los Angeles, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

1516 S Mansfield Ave
Los Angeles, CA 90019
Mid-City


OVERVIEW

All 1 bed and 1 bath , 4 unit, centrally located in Mid City Los Angeles, near K Town, West Adams, Miracle Mile, Pico Robertson and a short drive to USC. All units are separately metered and has a 5th rental income, the garage is currently leased out to "Leos Tacos" parked adjacent to this building in the Sinclair Gas Station, Leos Tacos is a very successful taco truck that uses the garage to store supplies at $1,050 monthly bonus income. All the tenants are month to month with plenty of room to increase the rents as they are vacated. The location is fantastic for public transportation and less than 1 mile distance from the 10 freeway. This 4 unit is in great shape, separately metered and with plenty of gorgeous palm trees.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$598 USD /SF

# OF UNITS

4

PRICE/UNIT

$373,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

5070-019-017

ASK ABOUT THIS PROPERTY

Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

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Carlos SandovalWestSideInvestments.comMore Info
818-652-9817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.