1331 S Mansfield Ave, Los Angeles, CA 90019
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1331 S Mansfield Ave Los Angeles, CA 90019

$1,895,000
  • 51 Beds
  • 36 Baths
  • 7,650 Sq.Ft.
For Sale
$1,895,000 Get Pre-Qualified

Map preview of 1331 S Mansfield Ave, Los Angeles, CA 90019

Property Overview: 1331 S Mansfield Ave Los Angeles, CA has 51 bedrooms, 36 bathrooms, 7,650 living square feet and 6,907 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: broker related to owner

Listed by David Mouallem | BRE #01152326 | David Mouallem
Last checked: 12 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
6,907
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24413167
City
Los Angeles
County
Los Angeles
Time on Site
71 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,674
  • Total Rent: $1,674
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 5
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,703
  • Total Rent: $2,703
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,115
  • Total Rent: $1,115
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 7
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,032
  • Total Rent: $1,032
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 8
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,104
  • Total Rent: $1,104
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.7
  • Gross Scheduled Income: --
  • Net Operating Income: $117,374
  • Gross Operating Income: $117,374
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1331 S Mansfield Ave

Interior Features
Heating Information
  • Has Heating
  • Baseboard
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Disposal, Gas Range
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 5070003006
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: S Mansfield west of labrea
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Sale History for 1331 S Mansfield Ave

Last sold for $965,000 on January 7th, 2009
  • July, 2024

  • Jul 10, 2024

    Date

    Active

    CRMLS: 24413167

    $2,050,000

    Price

  • March, 2024

  • Mar 25, 2024

    Date

    Expired

    CRMLS: 24351343

    $1,990,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: 24351343

    $1,990,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 26, 2024

    Date

    Canceled

    CRMLS: 23306093

    $1,850,000

    Price

  • Aug 30, 2023

    Date

    Active

    CRMLS: 23306093

    $1,995,000

    Price

  • Listing provided courtesy of CRMLS

    Old charm, spacious units with hardwood floors, rent under market. Large storage room (possible market rent of $375 per month).

  • January, 2009

  • Jan 7, 2009

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

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Tax History for 1331 S Mansfield Ave

Assessed Value (2020): $1,532,099
Year Land Value Improved Value Assessed Value
2020 $872,751 $659,348 $1,532,099

Home Value Compared to the Market

This property vs the competition

1331 S Mansfield Ave is listed 57.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $247.71 per/sqft which puts the price per square foot 67.75% lower than the median price per square foot for the city of Los Angeles.

About 1331 S Mansfield Ave

Detailed summary of property

1331 S Mansfield Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 51 bedrooms, 36 bathrooms, roughly 7,650 living square feet, and sits on an approximately 6,907 square foot lot. 1331 S Mansfield Ave was first listed on ArdentRealEstateGroup.com on July 10, 2024. The homeowner is currently asking $1,895,000 and was originally asking $2,050,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 57.92% higher than the median priced home. Local competing homes currently for sale include 5317 Dockweiler Pl, 1316-1318 S Hudson Ave and 1852 S La Brea Ave. While the average home in Los Angeles, CA is selling in 106 days, 1331 S Mansfield Ave has a days on market of 69 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1331 S Mansfield Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1331 S Mansfield Ave

Public county record property details
Beds
10
Baths
8
Year built
1931
Sq. Ft.
7,650
Lot Size
6,904
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
200
APN
5070-003-006

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1331 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.