1347 N Mansfield, Los Angeles, CA 90028
1347 N Mansfield, Los Angeles, CA 90028
1347 N Mansfield, Los Angeles, CA 90028
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,645,000
Est. payment /mo
5,231 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26132327

HOA Y/N No

Year Built 1931

Lot Size 5,231 Sqft

Property Sub-Type Apartment

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 investor's portfolio.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking, Curbs, Dog Park, Foothills, Hiking, Park, Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description Back Yard, Garden, Lawn

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5548023041

Energy Description 1066.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Ryan Gonzalez Lyon Stahl Investment Real Est ryan.gonzalez@lyonstahl.com, DRE #01874815

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