Log In/Sign Up
Your email has been sent.
942 S Mansfield Ave 4 Unit Apartment Building $2,950,000 ($737,500/Unit) Los Angeles, CA 90036
Investment Highlights
- Beautiful 4-unit Spanish building in Hancock Park Adjacent area. One vacant 2BD/2BA unit delivered at close
- Ideal for owner/user or long term investor. Prime central location near museums, dining, and major employment centers
- 6,862 SF building on an 8,334 SF R3 lot
- 3 units leased with stable in-place income Strong rental demand and market-rate upside potential. with all newer tenants
- Large 2BD/2BA floor plans with classic architectural details
- 1928 character construction with desirable amenities
Executive Summary
Well-maintained 4-unit Spanish building in Miracle Mile/Hancock Park Adjacent area with one vacant unit delivered at close. Strong rental demand, stable in-place income, and clear upside through market-rate repositioning. Ideal for long term owner-user or investor seeking a centrally located character asset. Standard Sale Virtual Tour:
https://www.themls.com/properties/vt/CA/Los-Angeles/942-S-Mansfield-Ave/Residential-Income/26649695
https://www.themls.com/properties/vt/CA/Los-Angeles/942-S-Mansfield-Ave/Residential-Income/26649695
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$159,810
|
$23.29
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$159,810
|
$23.29
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $159,810 |
| Annual Per SF | $23.29 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $159,810 |
| Annual Per SF | $23.29 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $737,500 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 6,862 SF |
| Gross Rent Multiplier | 15.51 | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | Parking Ratio | 0.58/1,000 SF |
| Zoning | R3 | ||
| Price | $2,950,000 |
| Price Per Unit | $737,500 |
| Sale Type | Investment |
| Gross Rent Multiplier | 15.51 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.19 AC |
| Building Size | 6,862 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1928 |
| Parking Ratio | 0.58/1,000 SF |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- Walk-In Closets
- Breakfast Nook
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $4,525 | - |
1 1
Walk Score®
Very Walkable (86)
Property Taxes
| Parcel Number | 5084-006-008 | Improvements Assessment | $649,924 |
| Land Assessment | $1,903,359 | Total Assessment | $2,553,283 |
Property Taxes
Parcel Number
5084-006-008
Land Assessment
$1,903,359
Improvements Assessment
$649,924
Total Assessment
$2,553,283
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
942 S Mansfield Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.