$1,349,000
$26k
2747 S Mansfield Ave, Los Angeles, CA 90016
- 4Beds
- 4Baths
- 2630SqFt
- 4Beds
- 4Baths
- 2630SqFt
- Property TypeCondo
- Year Built1924
- Price per Sqft$513
- On highrises69 Days
Property Details
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 5.56% 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.
Property Features
Bedrooms
- Bedrooms: 4
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Aaron Jacobson
- state license#02100737
- Brokered by:
- Lyon Stahl Investment Re, Inc.
- (310) 425-9838