859 North Mansfield Avenue

Los Angeles, CA 90038

$1,749,000
Price
5
Beds
5
Baths
2,419 Sq. Ft.
$723 / Sq. Ft.
2,419
Sq. Ft.
$723
per Sq. Ft.

Description

Proudly introducing a special opportunity to own a stellar income property in this coveted N. Hancock Park/Melrose Adjacent location. Situated perfectly on a gorgeous tree-lined street, this ideal triplex resides on an expansive corner lot providing integrity and privacy for each individual unit. 859 N. Mansfield is the flagship 2BR/2BA unit and features a large front yard, an inviting covered front porch, character windows, barreled ceilings, tiled fireplace in living room, and private outdoor patio...Proudly introducing a special opportunity to own a stellar income property in this coveted N. Hancock Park/Melrose Adjacent location. Situated perfectly on a gorgeous tree-lined street, this ideal triplex resides on an expansive corner lot providing integrity and privacy for each individual unit. 859 N. Mansfield is the flagship 2BR/2BA unit and features a large front yard, an inviting covered front porch, character windows, barreled ceilings, tiled fireplace in living room, and private outdoor patio with stackable laundry closet. 6900 Willoughby is another generously-sized 2BR/2BA unit, boasting a tiled fireplace in the living room, updated kitchen and bathrooms, stackable laundry unit, and charming private outdoor space to gather. 6900 Willoughby adorably showcases a smart and efficient living space and kitchen and a comfortable loft-style bedroom perch above. Uncovered parking spaces on driveway (at least 2, possibly up to 4 smaller vehicles) can be shared between the units as you see fit. You can walk to nearby green spaces at Poinsettia and Plummer Parks and you'll be able to savor enviable proximity to plenty of local destinations and favorites such as Cat & Fiddle, Gigi's, Mother Tongue, Mozzaplex, Petit Trois, Providence, and Sightglass Coffee. Charm and character are simply overflowing at this rare trophy property, where all units can be delivered vacant at COE. It's a wonderful addition to an end owner-user OR any investor's portfolio as 859 N. Mansfield is a terrific long-term location and investment.
  1. Listed by John Kostrey • DRE #01729039 • Brokerage DRE #01703618 • Nourmand & Associates-HW
  2. Listed by Jennifer Eckert • DRE #01512045 • Brokerage DRE #01703618 • Nourmand & Associates-HW

Property Details for 859 North Mansfield Avenue

Zoning
LAR2
Style
Spanish
Parcel Number
5524001029
Total Units
3.0
Living Area
2419
Source Living Area
Other
Area
Hollywood (C20)
Vacancy Rate
33%

Location

Listing Courtesy of Nourmand & Associates-HW, John Kostrey, DRE #01729039; Nourmand & Associates-HW, Jennifer Eckert, DRE #01512045
Add your commute
LISTING UPDATED: 04/27/2024 12:01 AM

Property Details for 859 North Mansfield Avenue

StatusActive
MLS #24-382095
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 6,002 SF
CountyLos Angeles County

Location

Listing Courtesy of Nourmand & Associates-HW, John Kostrey, DRE #01729039; Nourmand & Associates-HW, Jennifer Eckert, DRE #01512045
Add your commute

Building Information for 859 North Mansfield Avenue

Stories-Residences-Year Built1923Building Size-Lot Size0.14 AC / 6,002 SF

Payment Calculator

$10,578 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,545

Property Taxes

$1,033

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 859 North Mansfield Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 3
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $97,200
  • Net Operating Income: $97,200.00
  • Gross Income: $97,200
  • Gross Rent Multiplier: $17.99
  • Total Annual Expense: 32600
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6002
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Ceiling Fan, Wall Unit(s)
  • Heating: Floor Furnace, Wall Furnace
  • Heating Type: Floor Furnace, Wall
  • Equipment: Refrigerator, Washer, Dryer, Range/Oven
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 04-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,900.00
  • Unit Actual Rent: $2,900.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,200.00
  • Unit Actual Rent: $2,200.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $177,649.00
  • Assessed Improvement Percent: 17.81
  • Assessed Land Value: $819,946.00
  • Assessed Land Percent: 82.19
  • Assessed Total Value: $997,595.00

Property History for 859 North Mansfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 859 North Mansfield Avenue

Taxable ValueLand$819,946Additions$177,649Total$997,595
Tax Record2023$12,393 ($1,033 / month)
Home Facts
Total Finished SqFt2,334 SqFtAbove Grade Finished SqFt2,334 SqFtLot Size6,000 SqFtStyleDuplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5524-001-029

Schools near 859 North Mansfield Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Vine Street Elementary School
PublicK to 6

Hubert Howe Bancroft Middle School
Public6 to 8

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.

Similar Homes

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859 North Mansfield Avenue is a multi-family home for sale in Los Angeles, CA 90038. This property was listed for sale on April 19, 2024 by Nourmand & Associates-HW, it's currently listed at $1,749,000. It has been on the market for a total of 17 days and was last sold on November 3, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Vine Street Elementary School, Hubert Howe Bancroft Middle School and Fairfax Senior High School. 859 North Mansfield Avenue is a 5-bed, 5-bath, 2,419 sqft multi-family home built in 1923.

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 Nourmand & Associates-HW, John Kostrey, DRE #01729039; Nourmand & Associates-HW, Jennifer Eckert, DRE #01512045

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.