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2747 S Mansfield Avenue

Los Angeles, CA 90016

– beds
– baths
– sqft
4,809 sqft lot
1924 build
– on site

We are pleased to present a turn-key 4-unit property (2 NEW AND VACANT units) located in the highly desirable West Adams neighborhood. The building currently operates at a 6.15% CAP and 11.92 GRM on current rents (assuming market for the vacant units)! The property consists of two separate, single-story structures built in 1924 and 2024 (two new build ADUs) with a unit mix of 2 one-bedroom 1 bath units, 1 two-bedroom 1 bath unit, and 1 studio unit. With two vacant renovated units, there is an immediate opportunity for an owner user to live in one unit and rent out the others, or for an investor to capture immediate upside and re-rent both units at market rents in a highly coveted and proven submarket. This opportunity is located just South of Adams Blvd and West of La Brea Ave in very close proximity to one of the trendiest corridors in Los Angeles. Located a short walk away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, this property is strategically situated nearby a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. Contact the listing broker to coordinate a tour.

Listed By CRMLS_CA / Casey Lins / Kidder Mathews of California, Inc.

Last checked: Checking… • Last updated Dec 6, 2024 •

MLS# 24465517 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1924
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2630.00
Total Number Of Units:

4
# of Buildings:

2

Interior

Levels:

One

Location

Directions:

Google Maps: 2747 S Mansfield Ave, Los Angeles, CA 90016
Latitude:

34.02948100
Longitude:

-118.35367500

The Property

Property Type:

Residential Income
Zoning:

LARD1.5
Lot Size Area:

4809.0000
Lot Size Acres:

0.1104
Lot Size SqFt:

4809.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5049015028

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

No
Cooling:

None

Appliances

Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Concrete
Parking Spaces:

3.00
Uncovered Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
11/20/24 Nov 20, 2024	Listed / Active	CRMLS_CA	$1,275,000
7/8/24 Jul 8, 2024	Price Changed	BRIDGE
6/11/24 Jun 11, 2024	Price Changed	BRIDGE

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This multifamily located in South LA, Los Angeles, CA 90016 is currently for sale for $1,275,000. 2747 S Mansfield Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 45 days. 2747 S Mansfield Avenue is in the South LA neighborhood of Los Angeles and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Susan Miller Dorsey Senior High School, Johnnie L Cochran Jr Middle School, and Cienega Elementary School.

Listing Courtesy of: CRMLS_CA and Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 16:54 on Jan 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.