2320 S Mansfield Ave, Los Angeles, CA 90016
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2320 S Mansfield Ave Los Angeles, CA 90016

$3,160,000 Sold Price as of 05/17/2024
  • 12 Beds
  • 12 Baths
  • 5,303 Sq.Ft.
Sold
$3,160,000 Sold Price as of 05/17/2024 Refinance Your Mortgage

Map preview of 2320 S Mansfield Ave, Los Angeles, CA 90016

Property Overview: 2320 S Mansfield Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 5,303 living square feet and 6,700 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Location 3 units on a CORNER LOT! These 3 units include a main single family house and one duplex. Newly built in 2019 with all the upgrades throughout the property. Each unit features 4 bedrooms and 4 full bathrooms, so 12 Bedrooms and 12 Bathroom in total! Each bedroom comes with its own bathroom. 2320 S Mansfield Ave is a single family house with 2 car garage. It features a interior square footage of 1791. 5044 and 5046 W 23rd Street are 2 units shared ONE common wall. Both units have main floor bedroom and a full bathroom. All the units have hardwood floors throughout. Easy to maintain. Fully occupied by tenants. Easy access to the 10 fwy, Sofi stadium, Ktown and Mid City. Current monthly gross rental income for all units is $14,949.

Listed by XIANGHUI ZHOU | BRE #01981445 | HARVEST REALTY DEVELOPMENT
Last checked: 10 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,700
HOA Dues
$0/mo
Year built
2018
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
WS24075213
City
Los Angeles
County
Los Angeles
Time on Site
156 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,495
  • Total Rent: $4,495
  • Pro Forma/Market Rent: $4,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,995
  • Total Rent: $4,995
  • Pro Forma/Market Rent: $4,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,459
  • Total Rent: $5,459
  • Pro Forma/Market Rent: $5,459
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $14,950
  • Net Operating Income: $14,950
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0

Property Details for 2320 S Mansfield Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5062017030
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: NA
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 2320 S Mansfield Ave

Last sold for $3,160,000 on May 17th, 2024
  • September, 2024

  • Sep 4, 2024

    Date

    Expired

    CRMLS: 24364845

    $2,980,000

    Price

  • Mar 13, 2024

    Date

    Active

    CRMLS: 24364845

    $2,980,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2320 S. Mansfield Ave, a remarkable investment opportunity on a prime corner lot in the heart of Mid-City, Los Angeles. This meticulously crafted triplex boasts a combination of one main house and one duplex, offering three distinct units, each brimming with potential for rental upside. Constructed in 2019 with a sleek modern aesthetic, this property is not only visually appealing but also environmentally conscious, holding a Green certificate. Currently fully occupied, this triplex presents a variety of possibilities, serving as a family home, an Airbnb hotspot, or a lucrative dual-income property, the choice is yours. Each residence within this triplex features four generously sized bedrooms and four full baths, totaling an impressive 12 bedrooms and 12 full baths across the entire property. The main house, located at 2320 S. Mansfield Avenue, spans 1,791 sq ft and offers standout amenities such as a two-car attached garage, driveway parking, and a meticulously maintained gated front lawn. Meanwhile, the two units at 5044 and 5046 W. 23rd Street, each measuring 1,636 sq ft, boast their own unique features. With separate addresses and a shared common wall, these residences provide privacy and convenience. Highlights include main floor bedrooms, full-size laundry facilities, and a gated shared driveway accommodating 6-8 vehicles. All units are characterized by hardwood floors throughout and feature an open-concept kitchen/living room area, perfect for modern living and entertaining. The kitchens are adorned with crisp white cabinetry, stainless steel appliances, and tiled backsplashes, while the living spaces are bathed in natural light, creating an inviting ambiance. Upstairs, the bedrooms await, each complete with its own en suite bathroom featuring clean white cabinetry, standing showers, tubs, and vanities. Two of the bedrooms are designated as primary suites, offering walk-in closets and access to charming patios or private balconies, ideal for relaxation. Conveniently situated in an Opportunity zone, this triplex offers quick access to the 10 freeway, Sofi Stadium, Koreatown, and West Hollywood, ensuring a desirable location for tenants and investors alike. Don't miss out on this exceptional opportunity to own a fully occupied triplex with rental upside in one of Los Angeles' most sought-after neighborhoods.

  • May, 2024

  • May 17, 2024

    Date

    Sold

    CRMLS: WS24075213

    $3,160,000

    Price

  • Apr 15, 2024

    Date

    Active

    CRMLS: WS24075213

    $3,250,000

    Price

  • December, 2023

  • Dec 1, 2023

    Date

    Leased

    CRMLS: 23327965

    $4,495

    Price

  • Nov 1, 2023

    Date

    Active

    CRMLS: 23327965

    $4,495

    Price

  • Listing provided courtesy of CRMLS

  • February, 2022

  • Feb 23, 2022

    Date

    Sold

    CRMLS: PW22008295

    $2,825,000

    Price

  • Jan 16, 2022

    Date

    Coming Soon

    CRMLS: PW22008295

    $2,800,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2320 S. Mansfield Ave, unique with three units on a prime corner lot, this triplex consists of one main house and one duplex. Newly built in 2019 in a sleek modern style inside & out, complete with Green certificate. Endless possibilities to become a family home, and/currently an Airbnb, and/or dual-income property in one! Each residence features 4 generously sized bedrooms and 4 full baths, (12 bedrooms and 12 full baths total) 2320 S. Mansfield Avenue, a single-family residence is 1,791 sq ft with stand out features including the two-car attached garage, driveway parking, and a front grassy picturesque lawn that is gated and meticulously maintained. With 5044 and 5046 W. 23rd Street at 1,636 sq ft each, respectively, sharing one common wall maintaining separate addresses with stand-out features that include main floor bedroom, full-size laundry, and a gated shared driveway that holds up 6-8 vehicles, depending. All residences have hardwood floors throughout, feature a second floor, and have an open concept kitchen/living room area. The kitchen features crisp white cabinetry, stainless steel appliances, and tiled backsplash. The living room is airy and bright thanks to the windows that allow for an abundance of light. On the second floor, we find the bedrooms with en suite bathrooms. Each bedroom features hardwood floors, as well as modern bathrooms with clean white cabinetry, a standing shower and tub, and vanity. Two of the bedrooms are considered primary suites with a walk-in closet, and sliding glass doors to a lovely patio or private balcony with room for chairs & small table. Located in an Opportunity zone, quick access to the 10 fwy, Sofi stadium, Koreatown, Weho, in the heart of Mid-City, Los Angeles. 1031 exchange.

  • January, 2019

  • Jan 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,200,000

    Price

  • January, 2018

  • Jan 27, 2018

    Date

    Sold

    CRMLS: 17289370

    $685,000

    Price

  • Nov 29, 2017

    Date

    Pending

    CRMLS: 17289370

    $509,000

    Price

  • Nov 13, 2017

    Date

    Active

    CRMLS: 17289370

    $509,000

    Price

  • Listing provided courtesy of CRMLS

    1920's Mid-City Classic California Bungalow. Features two beds and one bath. A little over a thousand square feet of living space. Large 6,700 square foot corner lot, zoned LARD2 (one unit per two thousand square feet). Move in and update, develop or rent. Conveniently located close to the 10 Freeway, five minutes to Expo line (1 mile). Seller is looking for a flexible escrow period. Sale will be contingent on the Seller's accepted offer for another specific investment property that has been identified. Sale will be a 1031 exchange.

  • January, 2018

  • Jan 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $685,000

    Price

Show More

Tax History for 2320 S Mansfield Ave

Assessed Value (2020): $2,244,000
Year Land Value Improved Value Assessed Value
2020 $1,632,000 $612,000 $2,244,000

Home Value Compared to the Market

This property vs the competition

2320 S Mansfield Ave sold on May 17, 2024 for 190.18% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $612.86 per/sqft which puts the price per square foot 15.35% lower than the current median sale per square foot for the city of Los Angeles.

About 2320 S Mansfield Ave

Detailed summary of property

2320 S Mansfield Ave is a triplex that recently sold in Los Angeles, CA 90016. This triplex offered 12 bedrooms, 12 bathrooms, roughly 5,303 living square feet, and sits on an approximately 6,700 square foot lot. 2320 S Mansfield Ave was first listed on ArdentRealEstateGroup.com on April 16, 2024. The homeowner sold the property for $3,160,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 190.18% higher than the current median priced home. Local homes that are currently for sale include 809 S Mansfield Ave, 712 S Stanley Ave and 724 S Mansfield Ave. While the average home in Los Angeles, CA is selling in 106 days, 2320 S Mansfield Ave has a days on market of 6 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 2320 S Mansfield Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2320 S Mansfield Ave

Public county record property details
Beds
12
Baths
12
Year built
--
Sq. Ft.
5,303
Lot Size
6,707
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
817,818
APN
5062-017-030

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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Related Resources to 2320 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.