116-118 Mansfield Avenue

Los Angeles, CA 90036

$2,999,999
Price
6
Beds
4
Baths
4,943 Sq. Ft.
$607 / Sq. Ft.
4,943
Sq. Ft.
$607
per Sq. Ft.

Description

RARE opportunity to buy a GORGEOUSLY remodeled duplex in the prime block! Almost 5,000 sq ft total! Upper will be vacant at the end of April and call agent for availability of unit downstairs. Move in condition! Loads of character too! Would make a great owner user or rental! 3 bed/2 updated baths in each unit; both gourmet kitchens open to their breakfast rooms; enchanting yard; 2- two car garages (spacious turn around driveway!). In 3rd Street School LAUSD-check maps!RARE opportunity to buy a GORGEOUSLY remodeled duplex in the prime block! Almost 5,000 sq ft total! Upper will be vacant at the end of April and call agent for availability of unit downstairs. Move in condition! Loads of character too! Would make a great owner user or rental! 3 bed/2 updated baths in each unit; both gourmet kitchens open to their breakfast rooms; enchanting yard; 2- two car garages (spacious turn around driveway!). In 3rd Street School LAUSD-check maps!
  1. Listed by Lisa Hutchins • DRE #01018644 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 116-118 Mansfield Avenue

Zoning
LAR2
Cross Streets
just south of1st& Mansfield
Parcel Number
5513015004
Total Units
2.0
Living Area
4943
Source Living Area
Assessor
Area
Hancock Park-Wilshire
Vacancy Rate
1

Location

Listing Courtesy of Coldwell Banker Realty, Lisa Hutchins, DRE #01018644
Add your commute
LISTING UPDATED: 04/29/2024 03:56 PM

Property Details for 116-118 Mansfield Avenue

StatusActive
MLS #24-375897
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.16 AC / 7,158 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Lisa Hutchins, DRE #01018644
Add your commute

Building Information for 116-118 Mansfield Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.16 AC / 7,158 SF

Payment Calculator

$16,372 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116-118 Mansfield Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: duplex
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $150,000
  • Net Operating Income: $130,000.00
  • Gross Income: $165,000
  • Gross Rent Multiplier: $.00
  • Actual Gross Annual Income: $130,000
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 20000
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Acreage: 0.1643
  • Lot Size Square Feet: 7158
  • Lot Features: Back Yard
  • Lot Description: Back Yard
  • Lot Location: Flats
Parking Details
Parking Details
  • Parking Garage: Detached, Garage Is Detached
  • Total Parking: 4
  • Covered Parking: 4
  • Garage Spaces Total: 4
  • Attached Garage: No
  • Garage Structures Total: 2.0
Interior Features
Interior Features
  • Room Type: Bonus Room
  • Rooms: Breakfast Area, Den/Office, Bonus Room, Dining Room
  • Levels: Two
  • Fireplace Features: Living Room, Decorative
  • Fireplace Rooms: Living Room, Decorative
  • Den: Yes
  • Family Room: 0
  • Dining Room: 1
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood
  • Equipment: Garbage Disposal
  • Kitchen Features: Gourmet Kitchen
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Bedroom Features: WalkInCloset
  • Laundry: In Unit, Laundry Area
Exterior Features
Exterior Features
  • Patio Features: Patio Open, Other - See Remarks
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-03-2024
  • Listing Terms: Cash To New Loan, Cash
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $4,905.00
  • Unit Actual Rent: $4,905.00
  • Unit Projected Rent: $6,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: Yes
  • Unit Rent: $5,900.00
  • Unit Actual Rent: $5,900.00
  • Unit Projected Rent: $6,194.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Dishwasher: 2
  • Number of Disposal: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $510,000.00
  • Assessed Improvement Percent: 16.67
  • Assessed Land Value: $2,550,000.00
  • Assessed Land Percent: 83.33
  • Assessed Total Value: $3,060,000.00

Property History for 116-118 Mansfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 116-118 Mansfield Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Third Street Elementary School
PublicK to 5

Fairfax Senior High School
Public9 to 12

Melrose Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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116-118 Mansfield Avenue is a multi-family home for sale in Los Angeles, CA 90036. This property was listed for sale on April 3, 2024 by Coldwell Banker Realty, it's currently listed at $2,999,999. This listing's school district is Los Angeles Unified School District. Nearby schools include Third Street Elementary School, Girls Academic Leadership Academy, Dr. Michelle King School For Sci, Tech, Eng And Math and Fairfax Senior High School. 116-118 Mansfield Avenue is a 6-bed, 4-bath, 4,943 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Lisa Hutchins, DRE #01018644

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.