931 S Mansfield Avenue Los Angeles, CA 90036
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site8 Days
- MLS StatusActive
- MLS ID Number24404845
- Home Size Source N/A
- Year Built1931
- Lot Size0.214 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 7
- Number of Stories 22
- Acreage 0.214
- Garage Spaces 7
- Attached Garage No
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Cooling None
- Heating None
Community Features
- Senior Community No
- MLS Area C18 - Hancock Park-Wilshire