1516 S Mansfield Ave Los Angeles, CA 90019

$--

4 Beds
4 Baths
2,500 Sq.Ft.

Off Market

Map preview of 1516 S Mansfield Ave, Los Angeles, CA 90019

Property Overview: 1516 S Mansfield Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,500 living square feet and 6,805 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1516 S Mansfield Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1516 S Mansfield Ave

Last sold on June 26th, 2018

July, 2022
Jul 30, 2022

Date

Expired

CRMLS: MB22034644

$1,995,000

Price
Feb 22, 2022

Date

Active

CRMLS: MB22034644

$1,995,000

Price
Listing provided courtesy of CRMLS

Great opportunity centrally located in Mid-City Los Angeles. Near K-town, West Adams, Miracle Mile. All 1 bed and 1 bath , 4 units, short drive to USC. All units are separately metered and has a 5th rental income, the garage is currently leased out to "Leos Tacos" parked adjacent to this building in the Sinclair Gas Station, Leos Tacos is a very successful taco truck that uses the garage to store supplies at $1,050 monthly bonus income. All the tenants are month to month Unitwith plenty of room to increase the rents as they are vacated. The location is fantastic for public transportation and less than 1 mile distance from the 10 freeway. This 4 unit complex is in great shape, separately metered and with plenty of gorgeous palm trees and spacious yard. Buy to retain or buy to live in it and collect monthly. Please see the the rent roll attached, the 5th unit is the garage that is leased to Leos Tacos.

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June, 2018
Jun 26, 2018

Date

Sold (Public Records)

Public Records

--

Price
August, 2017
Aug 27, 2017

Date

Expired

CRMLS: 16188440

$1,195,000

Price
Apr 26, 2017

Date

Price Change

CRMLS: 16188440

$1,195,000

Price
Dec 27, 2016

Date

Active

CRMLS: 16188440

$1,200,000

Price
Listing provided courtesy of CRMLS

Fantastic Quadruplex Investment Opportunity located in Mid City Los Angeles consists of 4 - 1 bedroom/ 1 bathroom Units with garages and parking spaces in the back. Well maintained and metered separately for gas and electric, this opportunity offers potential for re-development, since it boasts a 6,805 Sq Ft R3 Lot that would allow you to build additional units. This building has 100% occupancy and is located in the rapidly growing and highly diverse community of Mid-City, Los Angeles. Its Downtown-adjacent location positions it for perfect city-center access. With the Metro being built nearby on Wilshire and La Brea, this hidden gem of a neighborhood is about to explode.

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October, 2011
Oct 5, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1516 S Mansfield Ave

Assessed Value (2020): $527,155

Year	Land Value	Improved Value	Assessed Value
2020	$351,438	$175,717	$527,155

About 1516 S Mansfield Ave

Detailed summary of property

1516 S Mansfield Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90019 and is currently off market. This property has 4 bedrooms, 4 bathrooms, roughly 2,500 living square feet, and sits on an approximately 6,805 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 1529 S Dunsmuir Ave, 1249 S Burnside Ave and 1364 S Ridgeley Dr. The average home in Los Angeles, CA is selling in 104 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. If you are the homeowner and looking to sell the home at 1516 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 1516 S Mansfield Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1947
Sq. Ft.: 2,500
Lot Size: 6,805
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5070-019-017

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.

$686

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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