Log In/Sign Up
1301 N Mansfield Ave
Los Angeles, CA 90028
19 Units @ $223K per Unit & 26% Rental Upside · Multifamily Property For Sale
·
19 Units
Investment Highlights
- First time on the market in over 40 years, 1301 N. Mansfield presents a timeless complex with thoughtful modern upgrades, located in a prime location.
- Capital improvements include electric appliances, copper repipe, soft-story retrofit, and SB-721-compliant balconies (buyer to verify).
- Comprised of (6) 2-bdrm. and 1.5-bath units, (11) 1-bdrm. units and (2) studios. *** 2 units will be delivered VACANT at COE***
- Located west of Highland Ave, 0.5 miles from Santa Monica & La Brea (adjacent to West Hollywood), 0.6 miles from Hollywood & Highland.
- Offered at $223K per unit and 5.45% CAP w/ approx. 26% rental upside, stabilizes at 7.73% CAP and 8.75 GRM based on market rents for renovated units.
- Capital improvements include electric appliances, copper repipe, soft-story retrofit, and SB-721-compliant balconies (buyer to verify).
Property Facts
| No. Units | 19 | Building Size | 14,668 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | LAR3 | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 14,668 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built | 1966 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Oven
- Range
- Tub/Shower
- Dining Room
- Vinyl Flooring
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 6 | $1,963 | - |
| 1+1 | 11 | $1,316 | - |
| Studios | 2 | $1,677 | - |
Property Taxes
| Parcel Number | 5548-023-049 | Improvements Assessment | $554,493 |
| Land Assessment | $143,017 | Total Assessment | $697,510 |
Property Taxes
Parcel Number
5548-023-049
Land Assessment
$143,017
Improvements Assessment
$554,493
Total Assessment
$697,510
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
