Listing provided courtesy of Paul Matusik of Prime Desert Estates. Last updated 2024-11-21 09:12:51.000000. Listing information © 2024 CLAW.

Asking Price: $2,620,000

1252 Mansfield, Los Angeles CA 90038

Community: ​


This property was built in 1956 and is priced at $2,620,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 219116190DA
  • Type:
  • Year Built: 1956
5 UNITS DELIVERED VACANT! Prime Net Lease is pleased to present an exceptional eight-unit multifamily investment opportunity in the heart of prime Hollywood. Nestled in one of the most sought-after markets in Los Angeles, this property offers unparalleled access to major thoroughfares and is just minutes from Hollywood's world-famous entertainment, shopping, and dining districts. The property also boasts a WalkScore of 96, making it a walkers paradise. This well-maintained building, constructed in 1956, spans 6,750 square feet of living space on a 7,489 square foot LAR3-zoned lot. The property features a strong unit mix, including five (5) one-bedroom, one-bath units and three (3) two-bedroom, one-bath units, making it an appealing choice for a variety of tenants. Adding to its value, six of the units come with covered parking spaces in the rear (with potential to add a 7th spot).For investors, this property represents a significant value-add opportunity. With five of the eight units to be delivered vacant, a savvy investor has immediate potential to renovate and capture higher market rents. Additionally, the property includes an on-site laundry room, providing convenient amenities for tenants while generating extra income. Separately metered gas and electric systems help keep operating costs low, enhancing profitability.

Call or Email David Bailey now to inquire about this property

310-850-2107