116 S Mansfield Ave, Los Angeles, CA 90036
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116 S Mansfield Ave Los Angeles, CA 90036

$2,999,999
  • 6 Beds
  • 4 Baths
  • 4,943 Sq.Ft.
For Sale
$2,999,999 Get Pre-Qualified

Map preview of 116 S Mansfield Ave, Los Angeles, CA 90036

Property Overview: 116 S Mansfield Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,943 living square feet and 7,158 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Lisa Hutchins | BRE #01018644 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
7,158
HOA Dues
$0/mo
Year built
1926
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24375897
City
Los Angeles
County
Los Angeles
Time on Site
32 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,905
  • Total Rent: $4,905
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Furnished
  • Actual Rent: $5,900
  • Total Rent: $5,900
  • Pro Forma/Market Rent: $6,194
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $130,000
  • Gross Operating Income: $150,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 116 S Mansfield Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
Fireplace Information
  • Has Fireplace
  • Living Room, Decorative
Room Information
  • Flooring: Wood
  • Bonus Room
Kitchen Information
  • Has Appliances
  • Disposal
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5513015004
  • Year Built Source: Assessor
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between 1st and 2nd on Mansfield. Prime location!
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Sale History for 116 S Mansfield Ave

Last sold for $3,000,000 on January 27th, 2022
  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: 24375897

    $2,999,999

    Price

  • January, 2022

  • Jan 27, 2022

    Date

    Sold

    CRMLS: 21796150

    $3,000,000

    Price

  • Oct 20, 2021

    Date

    Active

    CRMLS: 21796150

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Truly an architectural gem, this exquisite and classic Spanish duplex is located on a picturesque, tree-lined street in historic Hancock Park. Two expansive and thoughtfully remodeled 3BR / 2BA units with additional bonus, formal dining, and laundry rooms. Original hardwood floors run throughout spacious, sun-filled living areas, the perfect compliment to each home's stately fireplace. Oversized arched windows, custom built-ins, and endless charming details throughout that are sure to attract the most sophisticated city dwellers. Light and bright gourmet kitchens (top-notch Wolf appliances in downstairs home) perfect for budding chefs. Generous bedrooms with modern bathrooms. Beautifully landscaped, private and shaded outdoor dining/lounge area is perfect for entertaining guests, just off the motor court and four-car garage. Discover endless shops and eateries on La Brea Ave, just two blocks from your front door. One unit is vacant!

  • May, 2019

  • May 1, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2017

  • Dec 9, 2017

    Date

    Expired

    CRMLS: 17275162

    $2,295,000

    Price

  • Oct 19, 2017

    Date

    Withdrawn

    CRMLS: 17275162

    $2,295,000

    Price

  • Oct 4, 2017

    Date

    Active

    CRMLS: 17275162

    $2,295,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB OCCUPANTS. FABULOUS Duplex in Hancock Park. Both units are on month to month and subject to rent control. Duplex has approximately 5000 sq. feet. Two bonus rooms off living room of upstairs unit. Large living and dining rooms in both units. The bedrooms are all good size. Loads of charm and detail in both units. Hardwood floors and much more !!!!

  • February, 2007

  • Feb 16, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 116 S Mansfield Ave

Assessed Value (2020): $1,877,407
Year Land Value Improved Value Assessed Value
2020 $1,470,077 $407,330 $1,877,407

Home Value Compared to the Market

This property vs the competition

116 S Mansfield Ave is listed 142.91% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $606.92 per/sqft which puts the price per square foot 21.59% lower than the median price per square foot for the city of Los Angeles.

About 116 S Mansfield Ave

Detailed summary of property

116 S Mansfield Ave is a multi family located in Los Angeles, CA 90036 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 4,943 living square feet, and sits on an approximately 7,158 square foot lot. 116 S Mansfield Ave was first listed on ArdentRealEstateGroup.com on April 3, 2024. The homeowner is currently asking $2,999,999. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 142.91% higher than the median priced home. Local competing homes currently for sale include 434 N Ogden Dr, 1252 N Mansfield Ave and 1303 N Citrus Ave. While the average home in Los Angeles, CA is selling in 94 days, 116 S Mansfield Ave has a days on market of 32 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 116 S Mansfield Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 116 S Mansfield Ave

Public county record property details
Beds
6
Baths
4
Year built
1926
Sq. Ft.
4,943
Lot Size
7,156
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
438
APN
5513-015-004

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$859
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
57
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 116 S Mansfield Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.