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$ 1,648,000
Est. payment /mo
Price Dropped by $47K
1347 N Mansfield AVE Los Angeles, CA 90028
4 Beds
4 Baths
3,424 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,424 sqft
Price per Sqft $481
MLS Listing ID 26647153
Bedrooms 4
HOA Y/N No
Year Built 1931
Lot Size 5,231 Sqft
Property Description
4-unit apartment building. Each large unit offers 1 bedroom, 1 bathroom, plus a spacious bonus room ideal as a den or second bedroom, along with walk-in closet. The property features a community laundry room, huge backyard/garden, camera system, upgraded electrical, copper plumbing, and a redwood foundation. Most utilities are paid by tenant . Excellent developer opportunity. Potential to build up to 7 units totaling approximately 12,600 square feet across 4 stories, with the possibility of only one low-income unit required. Parking not required. Also you can keep all 4 units and build ADU in the back. Buyer to verify all development potential and perform their own due diligence. Property is well managed. Two units are owner-occupied and can be delivered vacant. Remaining tenants are month-to-month. If desired by the buyer, the owner may remain as a tenant. This is a turn-key, pride-of-ownership asset and a strong addition to any investment or development portfolio.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Built-In, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Laundry Common Area
Exterior
Parking Features None
Pool None
View Y/N Yes
View City Lights, Courtyard
Accessibility None
Private Pool No
Building
Story 4
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5548023041
Special Listing Condition Standard
Listed by Elham Khani Coldwell Banker Realty #01989596
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