2749 Mansfield Avenue, Los Angeles, CA 90016
  • MLS#: 24421773 ( )
  • Street Address: 2749 Mansfield Avenue
  • Viewed: 2
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1924
  • Bldg sqft: 0
  • Days On Market: 349
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: Kidder Mathews of California, Inc.
  • Contact: Casey Casey
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Appliances
  1. Refrigerator
Building Area Total
  1. 2630.00
Country
  1. US
Heating
  1. Wall Furnace
Laundry Features
  1. Stackable
Levels
  1. One
Netoperatingincome
  1. 78221.00
Parcel Number
  1. 5049015028
Parking Features
  1. Driveway
Postalcodeplus4
  1. 3513
Sourcesystemkey
  1. 24-421773:CLAW
Totalexpenses
  1. 28748.00
Year Built
  1. 1924
Zoning
  1. LARD1.5