Search
2747 S Mansfield Ave, Los Angeles, CA 90016
Image 2 for 2747 S Mansfield Ave, Los Angeles, CA 90016
Image 3 for 2747 S Mansfield Ave, Los Angeles, CA 90016
View Photos

2747 S Mansfield Ave Los Angeles, CA 90016

$1,395,000
  • 4 Beds
  • 4 Baths
  • 2,630 Sq.Ft.
For Sale
$1,395,000 Get Pre-Qualified
Map preview of 2747 S Mansfield Ave, Los Angeles, CA 90016

Property Overview: 2747 S Mansfield Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,630 living square feet and 4,809 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: 2747 S Mansfield Ave is a 4-Plex with 2 newly constructed units and will be delivered with 50% of units tenant ready by close of escrow. The property is nestled in the thriving West Adams pocket of Los Angeles. This property showcases an extraordinary unit mix of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (1) Studio Unit, catering perfectly for today's renters. Highlighted by a massive 1,314 SF 2-Bed/1-Bath front unit, this asset is ideal for an owner/user to live in a newly remodeled unit and cash flow from the remaining three. The offering presents any investor or owner/user the opportunity to acquire an incredible 4-Plex in one of LA's most sought after neighborhoods. Notably, the (2) 1-Bed/1-Bath units are newly constructed ADUs, exempt from any rent control laws, adding a valuable element to this investment opportunity. The ADUs and the renovated 2-Bed/1-Bath unit all tenant ready, this asset will cash flow at a 5.36% cap rate for an investor. West Adams is a historic neighborhood known for its rich architectural heritage and diverse cultural history. The area is home to a variety of shops, restaurants, and services that contribute to its vibrant community. This asset is minutes from N/Soto, Mizlala, Highly Likely, Cento Pasta Bar, and more.

Listed by Aaron Jacobson | BRE #02100737 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Cameron Samimi | BRE #02035763 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 8 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 18
Get a $4,185 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,185 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
4,809
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB24046074
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $3,052
  • Pro Forma/Market Rent: $3,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $862
  • Total Rent: $862
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.36%
  • Gross Rent Multiplier: 13.31
  • Gross Scheduled Income: $104,837
  • Net Operating Income: $74,837
  • Gross Operating Income: $101,692
  • Vacancy Allowance: $3,145
Annual Expense Breakdown
  • Total Operating Expense: $26,855
  • Electric: $1,600
  • Gas/Fuel: $0
  • New Taxes: $17,019
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,236
  • Maintenance: $2,600
  • Water/Sewer: $1,600

Open Houses for 2747 S Mansfield Ave

No upcoming open houses

Schedule Tour

Property Details for 2747 S Mansfield Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5049015028
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of La Brea, South of W Adams
Neighborhood Information
  • Community Features: Biking, Dog Park, Golf, Park, Sidewalks, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 2747 S Mansfield Ave

View property's historical transactions

  • April, 2024

  • Apr 9, 2024

    Date

    Active

    CRMLS: SB24046074

    $1,395,000

    Price

  • July, 2023

  • Jul 6, 2023

    Date

    Expired

    CRMLS: 23245809

    $869,000

    Price

  • Mar 2, 2023

    Date

    Active

    CRMLS: 23245809

    $945,000

    Price

  • Listing provided courtesy of CRMLS

    Live in the remodeled vacant 2 bedroom 1 bath with washer and dryer and keep renting out the studio next door to off-set housing costs! Fantastic duplex with already approved plans for an additional (2) - 1 bed / 1 bath ADU's. Centrally-located in prime West Adams, between downtown and the beach. Be the first to live or rent out the large vacant unit after it was completely upgraded. Enjoy the bright open concept living room and kitchen featuring new countertops and new floors throughout. The bathroom features a new vanity and walk-in shower. The occupied studio next door has been well maintained and the tenant is currently paying $860. Plenty of off-street parking is available in the driveway. The large back yard offers enormous possibilities to enjoy as-is or to build two additional units with the already approved ADU plans! The great property is close to the Expo/La Brea Station, shopping, restaurants, hotels, and DTLA. This is a must see!

  • August, 2022

  • Aug 25, 2022

    Date

    Canceled

    CRMLS: 22182489

    $975,000

    Price

  • Jul 25, 2022

    Date

    Active

    CRMLS: 22182489

    $975,000

    Price

  • Listing provided courtesy of CRMLS

    Tenant-occupied duplex in historic West Adams with plans for two additional units on this RD 1.5 zoned lot. Both units have been upgraded with laminate and tile flooring. The larger unit is a two bedroom one bathroom and the smaller unit is a studio with one bathroom. Plans were submitted to the City for an additional two units comprising one bedroom and one bathroom each. There is plenty of off street parking in the front and the luscious backyard offers numerous possibilities for outdoor activities and entertaining. Close to shops, restaurants, and parks with easy access to downtown and a short drive to the beach, this property is awaiting its next chapter.. Don't miss this opportunity to stake your claim in one of the most talked about neighborhoods in Los Angeles.

  • August, 2022

  • Aug 25, 2022

    Date

    Canceled

    CRMLS: 22169927

    $975,000

    Price

  • Jun 22, 2022

    Date

    Active

    CRMLS: 22169927

    $995,000

    Price

  • Listing provided courtesy of CRMLS

    Moments from West Adam's beating heart, this pride-of-ownership duplex consists of a studio and a two bedroom, one bathroom apartment, and is sold with plans for a third unit (ADU). Both tenant-occupied units were recently upgraded and feature laminate and tile flooring. The luscious backyard has been converted by one of the residents to a crop-producing urban farm with a relaxing sitting area, a true testament to the burgeoning community of West Adams. Off-street parking is also available on this 4,800 RD 1.5 zoned lot. Close to the Expo/La Brea Station, shopping, restaurants, hotels, and DTLA, this property presents a unique opportunity to own in one of Los Angeles' most notable neighborhoods.

  • December, 2020

  • Dec 4, 2020

    Date

    Expired

    CRMLS: IV20127829

    $799,900

    Price

  • Dec 3, 2020

    Date

    Withdrawn

    CRMLS: IV20127829

    $799,900

    Price

  • Oct 25, 2020

    Date

    Active Under Contract

    CRMLS: IV20127829

    $799,900

    Price

  • Sep 29, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $799,900

    Price

  • Sep 22, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $809,900

    Price

  • Sep 22, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $804,900

    Price

  • Sep 22, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $799,900

    Price

  • Sep 2, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $849,900

    Price

  • Jul 13, 2020

    Date

    Price Change

    CRMLS: IV20127829

    $899,900

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: IV20127829

    $944,900

    Price

  • Listing provided courtesy of CRMLS

    "WOW PRICE REDUCED ** MOTIVATED SELLER ** Wonderful opportunity to own this well maintained duplex in a prime location, ''ZONE FOR 3 UNITS" - The property was renovated in 2012, NEW ELECTRICAL was redone in April 2020 and NEW WATER HEATER was replaced/ PLUMBING was completed June 2020. 1 unit 2 bedrooms 1 bathroom other unit is a Studio 1 bathroom and kitchen. Both units has laminated flooring, this Nicely landscaped front and back room for entertaining, 10 X 12 QUALITY SHED on property with warranty! Both units are rented out, utilities are separately metered. Easy access to Downtown, Westside and Metrolink Broker/Seller do not guarantee the accuracy of the information provided, included square footage, lot size, and/ or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, or with appropriate professional ( I.e. appraiser, architect, contractor). PLEASE DO NOT DISTURB THE TENANTS.

Show More

Tax History for 2747 S Mansfield Ave

Assessed Value (2020): $700,396
Year Land Value Improved Value Assessed Value
2020 $573,052 $127,344 $700,396

Home Value Compared to the Market

This property vs the competition

2747 S Mansfield Ave is listed 13.88% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $530.42 per/sqft which puts the price per square foot 31.47% lower than the median price per square foot for the city of Los Angeles.

About 2747 S Mansfield Ave

Detailed summary of property

2747 S Mansfield Ave is a fourplex located in Los Angeles, CA 90016 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,630 living square feet, and sits on an approximately 4,809 square foot lot. 2747 S Mansfield Ave was first listed on ArdentRealEstateGroup.com on April 9, 2024. The homeowner is currently asking $1,395,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 13.88% higher than the median priced home. Local competing homes currently for sale include 1636 S Ridgeley Dr, 1618 S Burnside Ave and 2009 Claudina Ave. While the average home in Los Angeles, CA is selling in 96 days, 2747 S Mansfield Ave has a days on market of 18 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2747 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 2747 S Mansfield Ave

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
1,650
Lot Size
4,808
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
444
APN
5049-015-028

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
$1,100,000
Median List Price/Sq.Ft.
$781
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
73
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Tour This Home

Buy with Ardent Real Estate Group and save $4,185.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $4,185 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,185 back.

Call/Text (714) 706-1823

Homes for Sale Near 2747 S Mansfield Ave

Nearby Homes for Sale

2720 S Sycamore Ave, Los Angeles, CA 90016
$1,300,000
8 Beds
5 Baths
2600 Sq.Ft.
2720 S Sycamore Ave
Los Angeles, CA 90016
2622 S Orange Dr, Los Angeles, CA 90016
$1,595,000
9 Beds
5 Baths
3764 Sq.Ft.
2622 S Orange Dr
Los Angeles, CA 90016
5346 Smiley Dr, Los Angeles, CA 90016
$1,195,000
5 Beds
4 Baths
1316 Sq.Ft.
5346 Smiley Dr
Los Angeles, CA 90016
5426 Smiley Dr, Los Angeles, CA 90016
$1,280,000
6 Beds
4 Baths
2977 Sq.Ft.
5426 Smiley Dr
Los Angeles, CA 90016
2531 Hillcrest Dr, Los Angeles, CA 90016
$1,249,000
6 Beds
6 Baths
3122 Sq.Ft.
2531 Hillcrest Dr
Los Angeles, CA 90016
2315 Carmona Ave, Los Angeles, CA 90016
$1,650,000
25 Beds
19 Baths
4789 Sq.Ft.
2315 Carmona Ave
Los Angeles, CA 90016
1814 S Sycamore Ave, Los Angeles, CA 90019
$1,300,000
8 Beds
4 Baths
3376 Sq.Ft.
1814 S Sycamore Ave
Los Angeles, CA 90019
2032 S Palm Grove Ave, Los Angeles, CA 90016
$1,295,000
4 Beds
3 Baths
2102 Sq.Ft.
2032 S Palm Grove Ave
Los Angeles, CA 90016

Recently Sold Homes Near 2747 S Mansfield Ave

2700 S Mansfield Ave, Los Angeles, CA 90016
$1,042,000 Last Sold Price
6 Beds
4 Baths
2038 Sq.Ft.
2700 S Mansfield Ave
Los Angeles, CA 90016
2626 S Orange Dr, Los Angeles, CA 90016
$2,070,000 Last Sold Price
15 Beds
6 Baths
5763 Sq.Ft.
2626 S Orange Dr
Los Angeles, CA 90016
2664 S La Brea Ave, Los Angeles, CA 90016
$1,285,000 Last Sold Price
5 Beds
5 Baths
2393 Sq.Ft.
2664 S La Brea Ave
Los Angeles, CA 90016
2740 S Sycamore Ave, Los Angeles, CA 90016
$960,000 Last Sold Price
4 Beds
3 Baths
1718 Sq.Ft.
2740 S Sycamore Ave
Los Angeles, CA 90016

Related Resources to 2747 S Mansfield Ave

New Listings in 90016
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call