2747 South Mansfield Avenue
2747 South Mansfield Avenue
Description
units and will be delivered with 50% of units tenant ready by
close of escrow. The property is nestled in the thriving
West Adams pocket of Los Angeles. This property
showcases an extraordinary unit mix of (1) 2-Bed/1-Bath,
(2) 1-Bed/1-Bath, and (1) Studio Unit, catering perfectly for
today's renters. Highlighted by a massive 1,314 SF 2-Bed/1-Bath front unit,
this asset is ideal for an owner/user to live in a newly
remodeled unit and cash flow from...2747 S Mansfield Ave is a 4-Plex with 2 newly constructed
units and will be delivered with 50% of units tenant ready by
close of escrow. The property is nestled in the thriving
West Adams pocket of Los Angeles. This property
showcases an extraordinary unit mix of (1) 2-Bed/1-Bath,
(2) 1-Bed/1-Bath, and (1) Studio Unit, catering perfectly for
today's renters. Highlighted by a massive 1,314 SF 2-Bed/1-Bath front unit,
this asset is ideal for an owner/user to live in a newly
remodeled unit and cash flow from the remaining three. The offering presents any investor or owner/user the
opportunity to acquire an incredible 4-Plex in one of LA's
most sought after neighborhoods. Notably, the (2) 1-Bed/1-Bath units are newly constructed
ADUs, exempt from any rent control laws, adding a
valuable element to this investment opportunity. The
ADUs and the renovated 2-Bed/1-Bath unit all tenant
ready, this asset will cash flow at a 5.36% cap rate for an
investor. West Adams is a historic neighborhood known for its rich
architectural heritage and diverse cultural history. The
area is home to a variety of shops, restaurants, and
services that contribute to its vibrant community. This
asset is minutes from N/Soto, Mizlala, Highly Likely, Cento
Pasta Bar, and more.
- Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
- Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 2747 South Mansfield Avenue
Location
Property Details for 2747 South Mansfield Avenue
| Status | Active |
|---|---|
| MLS # | SB24046074 |
| Days on Market | 27 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1924 |
| Lot Size | 0.11 AC / 4,809 SF |
| County | Los Angeles County |
Location
Building Information for 2747 South Mansfield Avenue
Payment Calculator
$8,446 per month
30 year fixed, 7.25% Interest
$7,613
$833
$0
Property Information for 2747 South Mansfield Avenue
- Gross Income: $104,837
- Gross Scheduled Income: $104,837
- Vacancy Allowance: 3145
- Vacancy Allowance Rate: 3
- Gross Operating Income: $101,692
- Net Operating Income: $74,837
- Gross Multiplier: 13.31
- Cap Rate: 5.36
- Operating Expense: $26,855
- New Taxes Expense: $17,019
- Gardener Expense: $1,200
- Fuel Expense: $0
- Pest Control Expense: $600
- Electric Expense: $1,600
- Insurance Expense: $2,236
- Maintenance Expense: $2,600
- Trash Expense: $0
- Water Sewer Expense: $1,600
- Total Expenses: $26,855
- Tax Tract Number: 1446
- CFD/Mello-Roos Fee: $0
- Tax Lot: 444
- Community Features: Biking, Dog Park, Golf, Park, Sidewalks, Suburban
- Laundry: Yes
- Laundry Features: Inside
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Uncovered Spaces: 1
- Open Other Spaces Total: 1
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $3,052
- Unit Type Total Rent: $3,052
- Unit Type Pro Forma: 3195
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $862
- Unit Type Total Rent: $862
- Unit Type Pro Forma: 1495
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $2,395
- Unit Type Pro Forma: 2395
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $2,395
- Unit Type Pro Forma: 2395
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
Property History for 2747 South Mansfield Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2747 South Mansfield Avenue
Schools near 2747 South Mansfield Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Cienega Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
Susan Miller Dorsey Senior High School Public9 to 12 | ||
View Park Continuation School Public9 to 12 |
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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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
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.