CA > Los Angeles
Los Angeles, CA 90016,2749 S Mansfield AVE
Los Angeles, CA 90016,2749 S Mansfield AVE
Los Angeles, CA 90016,2749 S Mansfield AVE
Los Angeles, CA 90016,2749 S Mansfield AVE
Los Angeles, CA 90016,2749 S Mansfield AVE
Los Angeles, CA 90016,2749 S Mansfield AVE
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Bradford King

Bradford King

+1(909) 633-4559
$ 1,295,000
Est. payment | /mo

4 Beds

4 Baths

2,630 SqFt

Save
$ 1,295,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,630 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,630 sqft

Price per Sqft $492

MLS Listing ID 24421773

Bedrooms 4

HOA Y/N No

Year Built 1924

Lot Size 4,809 Sqft

Acres 0.1104

Property Description

PRICE REDUCED! 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 6.04% CAP and 12.11 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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Rooms

Ensuite Laundry Stacked

Interior

Laundry Location Stacked

Heating Wall Furnace

Fireplace No

Appliance Refrigerator

Laundry Stacked

Exterior

Garage Driveway

Parking Type Driveway

Total Parking Spaces 3

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5049015028

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Casey Lins • Kidder Mathews of California, Inc.
agent-avatar

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 633-4559

bradford.king@exprealty.com

P.O. Box 6102

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2749 S Mansfield AVE