$2,950,000 USD
424-235-8749
942 S Mansfield Ave
Los Angeles, CA 90036
Miracle Mile
HIGHLIGHTS
- Beautiful 4-unit Spanish building in Hancock Park Adjacent area. One vacant 2BD/2BA unit delivered at close
- 3 units leased with stable in-place income Strong rental demand and market-rate upside potential. with all newer tenants
- Ideal for owner/user or long term investor. Prime central location near museums, dining, and major employment centers
- Large 2BD/2BA floor plans with classic architectural details
- 6,862 SF building on an 8,334 SF R3 lot
- 1928 character construction with desirable amenities
OVERVIEW
Well-maintained 4-unit Spanish building in Miracle Mile/Hancock Park Adjacent area with one vacant unit delivered at close. Strong rental demand, stable in-place income, and clear upside through market-rate repositioning. Ideal for long term owner-user or investor seeking a centrally located character asset. Standard Sale Virtual Tour:
https://www.themls.com/properties/vt/CA/Los-Angeles/942-S-Mansfield-Ave/Residential-Income/26649695
FOR SALE DETAILS
PRICE
$2,950,000 USD
PRICE/SF
$430 USD /SF
# OF UNITS
4
PRICE/UNIT
$737,500
CAP RATE
Request Cap Rate
% LEASED
75%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1928
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.19 AC
LAND SF
8,334 SF
ZONING
R3
APN/PARCEL ID
5084-006-008
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424-235-8749
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424-235-8749
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