Active
931 S Mansfield Ave
Los Angeles CA, 90036
$2,550,000
$302.53 per sqft
Active
8 Beds
8 Baths
8,429 sqft
Multi-family
Built in 1931
931 S Mansfield is a charming French provincial 8 unit multi-family property in a highly sought after Miracle Mile & Mid Wilshire location. The subject property is two stories, approximately 8,429 SF and was built in 1930. This large property consists of 8 spacious 1 BR + 1 Bath units. Three of these eight units will be delivered VACANT at close of escrow. The other four units have rents well below market, creating a quintessential value-add opportunity for new ownership. Garages located at the rear of the property that can potentially be converted into ADU units. There is also additional income generated monthly from onsite laundry. With its solid economic profile and strategic positioning, 931 S. Mansfield Ave embodies a lucrative opportunity for discerning investors seeking to capitalize on the dynamic Los Angeles real estate market.
24-404845
MLSⓇ ID
June 17, 2024
Listed
August 23, 2024
Updated
Map
931 S Mansfield Ave
Los Angeles CA, 90036
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
None
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
Hancock Park-Wilshire
Days on Market
8
Garage
Yes
Garage Spaces
7
Parking
Garage Is Detached
Parking Total
7
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listed by Errol Spiro with Miller & Desatnik Realty Co.
Listing Contact: 310-202-9166
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024
