1252 North Mansfield Avenue

Los Angeles, CA 90038

$2,620,000
Price
11
Beds
8
Baths
6,750 Sq. Ft.
$388 / Sq. Ft.
6,750
Sq. Ft.
$388
per Sq. Ft.
a view of a house with many windows
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a view of an empty room with wooden floor and a window
a kitchen with wooden cabinets and a stove top oven
a view of kitchen with a refrigerator
a bathroom with a tub and sink
an empty room with windows
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an empty room with wooden floor and windows
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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.
  1. Listed by Paul Matusik • DRE #01351021 • Prime Desert Estates

Property Details for 1252 North Mansfield Avenue

Subdivision Name
Not Applicable-1
Carport Spaces
5.00
Garage Spaces
.00
View
No
Cross Street
Fountain Ave & N Mansfield Ave
LISTING UPDATED: 09/03/2024 03:48 PM

Property Details for 1252 North Mansfield Avenue

StatusActive
MLS #219116190
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
CountyLos 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

Summary
Location and General Information
  • City: Los Angeles
  • Country: US
  • Directions: Located at 1252 N Mansfield Ave in Hollywood, CA 90038. The cross streets are Fountain Ave & N Mansfield Ave.
  • Levels: Two
  • Area: LA - Los Angeles (L)
  • Senior Community: No
  • Unparsed Address: 1252 N Mansfield Avenue, Los Angeles, CA 90038
  • Walk Score: 0
Parking
  • Parking Features: Assigned, Total Covered Spaces, Total Uncovered/Assigned Spaces
Taxes and HOA Information
  • Association Fee: $.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Lot Size Acres: .00
  • Lot Size Square Feet: .00
  • Lot Size Area: 7,489.00
  • Lot Size Source: Assessor
  • Zoning: 1OGB82Z9HCHA
  • Zoning Description: Assessor
  • Property Type: Residential Income
  • Property Sub Type: Apartment
Property and Assessments
  • Documents Count: 1
Utilities
  • Cooling: Ceiling Fan(s)
  • Cooling: Yes
  • Sewer: In Street Paid
Interior and Exterior Features
Exterior Features
  • Pool Private: No
  • Spa: No
  • Stories Total: 2
Interior Features
  • Appliances: Refrigerator, Gas Oven, Gas Water Heater, Water Heater
  • Bathrooms Full: 8
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Total Bathrooms: 8
  • Fireplace: No
  • Flooring: Wood
  • Heating: Wall Furnace
  • Heating: Yes
  • Laundry Features: Outside
  • Living Area: 6,750.00
  • View: No
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard
Rental
Rental Information
  • Tenant Pays: Cable TV, Electricity, Gas

Property History for 1252 North Mansfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
Gardner Street Elementary School
Public - K to 5
Hubert Howe Bancroft Middle School
Public - 6 to 8
Hollywood Senior High School
Public - 9 to 12
Larchmont Charter School
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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More information about 1252 North Mansfield Avenue, Los Angeles, CA 90038

1252 North Mansfield Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on September 3, 2024 by Prime Desert Estates, it's currently listed at $2,620,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Gardner Street Elementary School, Hubert Howe Bancroft Middle School and Hollywood Senior High School. 1252 North Mansfield Avenue is a 11-bed, 8-bath, 6,750 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Prime Desert Estates, Paul Matusik, DRE #01351021

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.