1252 N Mansfield Ave | Los Angeles, CA 90038
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- LoopNet Team
1252 N Mansfield Ave
Los Angeles, CA 90038
5 UNITS VACANT | Great Unit Mix & Upside! · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- INCREDIBLE VALUE-ADD OPPORTUNITY – Tremendous rental upside with 5 units delivered vacant | 4.69% CAP & 13.29 GRM using market rents for vacancies
- AMPLE PARKING – 6 covered parking spaces (with potential for 7)
- EXCELLENT LOCATION – The property is located in the heart of Hollywood and allows easy access to major thoroughfares and entertainment hubs
- GREAT UNIT MIX – The property features a desirable unit mix of 5 (1 Bed + 1 Bath) units & 3 (2 Bed + 1 Bath) units
- ON-SITE LAUNDRY – Provides additional income for a landlord and convenient for the tenants
- SEPARATELY METERED FOR GAS & ELECTRIC
PROPERTY FACTS
| No. Units | 8 | Building Size | 6,750 SF |
| Property Type | Multifamily | Average Occupancy | 38% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.89/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LAR3 - Multi-family zoning for up to 10 units. | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 6,750 SF |
| Average Occupancy | 38% |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.89/1,000 SF |
| Zoning | LAR3 - Multi-family zoning for up to 10 units. |
AMENITIES
UNIT AMENITIES
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $2,150 | - |
| 2+1 | 3 | $2,650 | - |
PROPERTY TAXES
| Parcel Number | 5532-007-011 | Improvements Assessment | $158,599 |
| Land Assessment | $61,261 | Total Assessment | $219,860 |
PROPERTY TAXES
Parcel Number
5532-007-011
Land Assessment
$61,261
Improvements Assessment
$158,599
Total Assessment
$219,860
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