1252 North Mansfield Avenue
$2,620,000
11
8
6,750
6,750
$388
Description
5 units delivered vacant! Prime Net Lease is pleased to present an exceptional eight-unit multifamily investment opportunity in the heart of prime Hollywood. Nestled in one of the most sought-after markets in Los Angeles, this property offers unparalleled access to major thoroughfares and is just minutes from Hollywood's world-famous entertainment, shopping, and dining districts. The property also boasts a WalkScore of 96, making it a walkers paradise. This well-maintained building, constructed in...5 units delivered vacant! Prime Net Lease is pleased to present an exceptional eight-unit multifamily investment opportunity in the heart of prime Hollywood. Nestled in one of the most sought-after markets in Los Angeles, this property offers unparalleled access to major thoroughfares and is just minutes from Hollywood's world-famous entertainment, shopping, and dining districts. The property also boasts a WalkScore of 96, making it a walkers paradise. This well-maintained building, constructed in 1956, spans 6,750 square feet of living space on a 7,489 square foot LAR3-zoned lot. The property features a strong unit mix, including five (5) one-bedroom, one-bath units and three (3) two-bedroom, one-bath units, making it an appealing choice for a variety of tenants. Adding to its value, six of the units come with covered parking spaces in the rear (with potential to add a 7th spot). For investors, this property represents a significant value-add opportunity. With five of the eight units to be delivered vacant, a savvy investor has immediate potential to renovate and capture higher market rents. Additionally, the property includes an on-site laundry room, providing convenient amenities for tenants while generating extra income. Separately metered gas and electric systems help keep operating costs low, enhancing profitability.
- Listed by Paul Matusik • DRE #01351021 • Prime Desert Estates
Property Details for 1252 North Mansfield Avenue
Subdivision Name
Not Applicable-1
Carport Spaces5.00
Garage Spaces.00
ViewNo
Cross StreetFountain Ave & N Mansfield Ave
LISTING UPDATED: 09/03/2024 03:48 PM
Property Details for 1252 North Mansfield Avenue
Status | Active |
---|---|
MLS # | 219116190 |
Days on Market | 56 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1956 |
County | Los Angeles County |
Building Information for 1252 North Mansfield Avenue
Building/Complex1252 N Mansfield AveFloor-Stories2Residences-Pet Policy-Year Built1956Building Size-
Property Information for 1252 North Mansfield Avenue
Property History for 1252 North Mansfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1252 North Mansfield Avenue
Taxable ValueLand$60,060Additions$155,750Total$215,810
Tax Record2024$3,852 ($321 / month)
Home Facts
Total Finished SqFt6,750 SqFtAbove Grade Finished SqFt6,750 SqFtLot Size7,489 SqFtStyleMulti-Family Res (5+ Units)Year Built1956ZoningLAR3CountyLOS ANGELESAPN5532-007-011
Schools near 1252 North Mansfield Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 12 |
Rating | School | Distance |
---|---|---|
Gardner Street Elementary School PublicK to 5 | ||
Hubert Howe Bancroft Middle School Public6 to 8 | ||
Hollywood Senior High School Public9 to 12 | ||
Larchmont Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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