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1237 N Mansfield Ave #1, Los Angeles, CA 90038
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1237 N Mansfield Ave #1 Los Angeles, CA 90038

$2,675,000 Sold Price as of 04/14/2021
  • 12 Beds
  • 12 Baths
  • 6,834 Sq.Ft.
Sold
$2,675,000 Sold Price as of 04/14/2021 Refinance Your Mortgage
Map preview of 1237 N Mansfield Ave #1, Los Angeles, CA 90038

Property Overview: 1237 N Mansfield Ave #1 Los Angeles, CA has 12 bedrooms, 12 bathrooms, 6,834 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 8 unit apartment building located in an excellent area of Hollywood, close to the motion picture post production businesses and studios. Eight separately metered units, four 2 bedroom / 2 bath units and four 1 bedroom / 1 bath units. Upgraded and recently completely re-piped with copper pipes. Property is very well maintained with 6 space carport parking, a possibility for an additional parking space, and a gated driveway entrance. Building has lots of upside potential for rent increases in this area of Hollywood. Apartment 6 is currently vacant and recently renovated.

Listed by John Kerrigan | BRE #00919430 | John Kerrigan
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21692570
City
Los Angeles
County
Los Angeles
Time on Site
1183 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,590
  • Total Rent: $5,922
  • Pro Forma/Market Rent: $6,400
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $8,237
  • Pro Forma/Market Rent: $10,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.23
  • Gross Scheduled Income: --
  • Net Operating Income: $122,790
  • Gross Operating Income: $170,928
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1237 N Mansfield Ave #1

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room, Dining Room, Bath
Room Information
  • Flooring: Wood, Tile
  • Living Room, Master Bathroom
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Range
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Has View
  • View: Hills
  • Total # of Units: 8
  • Parcel Number: 5532008018
  • Architectural Style: Contemporary
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: 2 blocks west of Highland Avenue, 3 blocks east of La Brea Avenue and 1.5 blocks north of Santa Monica Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 1237 N Mansfield Ave #1

Last sold for $2,675,000 on April 14th, 2021

  • July, 2021

  • Jul 24, 2021

    Date

    Expired

    CRMLS: 21684404

    $1,795

    Price

  • Apr 14, 2021

    Date

    Withdrawn

    CRMLS: 21684404

    $1,795

    Price

  • Feb 10, 2021

    Date

    Price Change

    CRMLS: 21684404

    $1,795

    Price

  • Jan 24, 2021

    Date

    Active

    CRMLS: 21684404

    $1,800

    Price

  • Listing provided courtesy of CRMLS

    Great 1 bed. 1 bath apartment, remodeled, prime location in Hollywood, second floor, 8-unit building, large balcony, hardwood floors, new quartz kitchen counter top, AC, stove, refrigerator and more. Communal laundry room on property, 1-car covered parking included with unit. Small quiet building, gated, excellent location in Hollywood close to all the film post production studios and walking distance to the shops and restaurants. Rent is $1795. / month. View by appointment.

  • April, 2021

  • Apr 18, 2021

    Date

    Sold

    CRMLS: 21692570

    $2,675,000

    Price

  • Feb 20, 2021

    Date

    Pending

    CRMLS: 21692570

    $2,765,000

    Price

  • Feb 12, 2021

    Date

    Active

    CRMLS: 21692570

    $2,765,000

    Price

  • April, 2021

  • Apr 17, 2021

    Date

    Expired

    CRMLS: 20648358

    $2,750,000

    Price

  • Dec 1, 2020

    Date

    Withdrawn

    CRMLS: 20648358

    $2,750,000

    Price

  • Nov 27, 2020

    Date

    Price Change

    CRMLS: 20648358

    $2,750,000

    Price

  • Nov 7, 2020

    Date

    Price Change

    CRMLS: 20648358

    $2,775,000

    Price

  • Oct 24, 2020

    Date

    Price Change

    CRMLS: 20648358

    $2,800,000

    Price

  • Oct 17, 2020

    Date

    Active

    CRMLS: 20648358

    $2,850,000

    Price

  • Listing provided courtesy of CRMLS

    Great 8 unit apartment building located in an excellent area of Hollywood, close to the motion picture post production businesses and studios. Eight separately metered units, four 2 bedroom / 2 bath units and four 1 bedroom / 1 bath units. Upgraded and recently completely re-piped with copper pipes. Property is very well maintained with 6 space carport parking, a possibility for an additional parking space, and a gated driveway entrance. Building has lots of upside potential for rent increases in this area of Hollywood. Apartment 6 will be vacated in mid December 2020 and the rent in that unit can be raised to a market rent of $1900. / month which is now factored into the new gross income of $170,928. / year.

  • March, 2021

  • Mar 21, 2021

    Date

    Expired

    CRMLS: 20635472

    $2,300

    Price

  • Dec 1, 2020

    Date

    Withdrawn

    CRMLS: 20635472

    $2,300

    Price

  • Sep 21, 2020

    Date

    Active

    CRMLS: 20635472

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    2 bed. 2 bath apartment, large, remodeled, prime location, upper rear unit in 8-units building, second floor, balcony, hardwood floors, new quartz kitchen counter tops, new AC, stove, refrigerator and more. 1-car covered parking Included. Small quiet building, gated, excellent location. Walking distance to the shops and restaurants. View by appointment. Available immediately. Move In Special! Contact Owner For Details! Price $2300.00

  • December, 2019

  • Dec 2, 2019

    Date

    Expired

    CRMLS: 19487880

    $2,380

    Price

  • Aug 25, 2019

    Date

    Withdrawn

    CRMLS: 19487880

    $2,380

    Price

  • Aug 21, 2019

    Date

    Price Change

    CRMLS: 19487880

    $2,380

    Price

  • Aug 12, 2019

    Date

    Price Change

    CRMLS: 19487880

    $2,400

    Price

  • Aug 5, 2019

    Date

    Price Change

    CRMLS: 19487880

    $2,395

    Price

  • Jul 26, 2019

    Date

    Active

    CRMLS: 19487880

    $2,400

    Price

  • Jul 16, 2019

    Date

    Hold

    CRMLS: 19487880

    $2,400

    Price

  • Jul 12, 2019

    Date

    Active

    CRMLS: 19487880

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Available for September 1, 2019. 2 bed. 2 bath apartment, large, remodeled, prime location, upper rear unit in 8-units building, 1-car covered parking Included. Hardwood floors, new quartz kitchen counter tops, new AC, stove, refrigerator, a lot of closets and more... Small quiet building, gated, excellent location. Walking distance to the shops and restaurants. No dogs allowed but pet cats are o.k. View by appointment. Price $2400 /month.

  • October, 2018

  • Oct 2, 2018

    Date

    Expired

    CRMLS: 18328578

    $1,575

    Price

  • Apr 6, 2018

    Date

    Withdrawn

    CRMLS: 18328578

    $1,575

    Price

  • Apr 1, 2018

    Date

    Active

    CRMLS: 18328578

    $1,575

    Price

  • Listing provided courtesy of CRMLS

    For rent in great area of Hollywood close to Highland Avenue and Fountain Avenue. Spacious one bedroom, one bath, lower unit, large, Hardwood floors, refrigerator, stove, air conditioner, lots of closets, one car parking. Small building, gated. Great location.

  • August, 2018

  • Aug 4, 2018

    Date

    Leased

    CRMLS: 18365916

    $2,400

    Price

  • Jul 17, 2018

    Date

    Active

    CRMLS: 18365916

    $2,300

    Price

  • Listing provided courtesy of CRMLS

    2 Bedroom, 2 Bath in Hollywood. Large apartment with very large kitchen, completely remodeled, hardwood floors, stove, refrigerator, AC, first floor. Small building, communal laundry on premises, gated, one car parking. Great location, walking distance to the stores and restaurants. Price to rent $2300 / month. Please no dogs.

  • May, 2018

  • May 15, 2018

    Date

    Expired

    CRMLS: 17289774

    $2,200

    Price

  • Dec 11, 2017

    Date

    Withdrawn

    CRMLS: 17289774

    $2,200

    Price

  • Dec 4, 2017

    Date

    Price Change

    CRMLS: 17289774

    $2,200

    Price

  • Nov 22, 2017

    Date

    Price Change

    CRMLS: 17289774

    $2,300

    Price

  • Nov 15, 2017

    Date

    Active

    CRMLS: 17289774

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    Great 2 Bedroom / 2 Bath apartment in prime, trendy location of Hollywood, close to film post production facilities. 2nd floor upper unit, remodeled, spacious unit, balcony, hardwood floors, new quartz countertops, new AC, stove, refrigerator and more...Small quiet building, gated, one parking included. Pet cats o.k. but no dogs. Rent per/month $2200.00

  • March, 2015

  • Mar 12, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,996,000

    Price

  • June, 2006

  • Jun 23, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1237 N Mansfield Ave #1

Assessed Value (2020): $2,193,302
Year Land Value Improved Value Assessed Value
2020 $1,428,619 $764,683 $2,193,302

Home Value Compared to the Market

This property vs the competition

1237 N Mansfield Ave #1 sold on April 14, 2021 for 132.35% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $404.59 per/sqft which puts the price per square foot 46.41% lower than the current median sale per square foot for the city of Los Angeles.

About 1237 N Mansfield Ave #1

Detailed summary of property

1237 N Mansfield Ave #1 is a multi family that recently sold in Los Angeles, CA 90038. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 6,834 living square feet, and sits on an approximately 7,500 square foot lot. 1237 N Mansfield Ave #1 was first listed on ArdentRealEstateGroup.com on February 12, 2021. The homeowner sold the property for $2,675,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 132.35% higher than the current median priced home. Local homes that are currently for sale include 648 N Hayworth Ave, 358 N Ogden Dr and 642 N Hayworth Ave. While the average home in Los Angeles, CA is selling in 93 days, 1237 N Mansfield Ave #1 has a days on market of 3 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1237 N Mansfield Ave #1 Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1237 N Mansfield Ave #1

Public county record property details
Beds
12
Baths
12
Year built
1957
Sq. Ft.
6,834
Lot Size
7,499
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5532-008-018

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$706
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
42
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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.

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