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750 S Mansfield Ave, Los Angeles, CA 90036
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750 S Mansfield Ave Los Angeles, CA 90036

$2,185,000 Sold Price as of 04/08/2021
  • 8 Beds
  • 6 Baths
  • 5,458 Sq.Ft.
Sold
$2,185,000 Sold Price as of 04/08/2021 Refinance Your Mortgage
Map preview of 750 S Mansfield Ave, Los Angeles, CA 90036

Property Overview: 750 S Mansfield Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 5,458 living square feet and 7,923 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Huge opportunity for investor to stabilize with market rents. Both units delivered vacant! Development potential with TOC and R3 zoning by right. Owner occupancy with additional family in second unit OR a market rate tenant to offset mortgage! Take advantage of historical low interest rates and this incredibly high rent submarket. Located adjacent to coveted Hancock Park, this side by side Spanish duplex is situated on a large corner lot. Each unit feels like it's own private home with 4 bedrooms and 3 baths. Units are highlighted by a grand entry, living and dining rooms with beamed ceilings, fireplace and private balcony from primary bedroom. Each unit is approximately 2,729 sq.ft and the lot size is 7,923 sq ft per assessor. The mature private landscaping and hedges provide privacy and solace, with each unit having its own detached single car garage. Great opportunity as income producing property or opportunity to develop and leverage some of the many concessions from the city! Both Units delivered vacant.

Listed by Brian Mallasch | BRE #01748272 | Coldwell Banker Realty
Co-listed by Jillian Johnson | BRE #01924019 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,923
HOA Dues
$0/mo
Year built
1926
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR21047299
City
Los Angeles
County
Los Angeles
Time on Site
1214 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $156,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $36,566
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $29,700
  • Trash: $0
  • Insurance: $2,905
  • Water/Sewer: $3,961

Virtual Tour

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Property Details for 750 S Mansfield Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Beamed Ceilings, Tile Counters
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Spanish Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Corner Lot, Landscaped, Lawn, Sprinkler System
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5507027022
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Property is Attached
  • Offered With Property: All appliances including washer/dryer.
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between Wilshire and Olympic- Corner of Mansfield and 8th
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 750 S Mansfield Ave

Last sold for $2,185,000 on April 8th, 2021

  • April, 2021

  • Apr 8, 2021

    Date

    Sold

    CRMLS: SR21047299

    $2,185,000

    Price

  • Mar 31, 2021

    Date

    Pending

    CRMLS: SR21047299

    $2,225,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: SR21047299

    $2,225,000

    Price

  • Mar 6, 2021

    Date

    Coming Soon

    CRMLS: SR21047299

    $2,225,000

    Price

  • February, 2021

  • Feb 16, 2021

    Date

    Canceled

    CRMLS: SR20170673

    $2,285,000

    Price

  • Feb 3, 2021

    Date

    Hold

    CRMLS: SR20170673

    $2,285,000

    Price

  • Dec 2, 2020

    Date

    Price Change

    CRMLS: SR20170673

    $2,285,000

    Price

  • Aug 25, 2020

    Date

    Active

    CRMLS: SR20170673

    $2,475,000

    Price

  • Listing provided courtesy of CRMLS

    **PROPERTY TO BE DELIVERED FULLY VACANT 2021!! Huge opportunity for investor to stabilize with market rents. Development potential with TOC and R3 zoning by right. Owner occupancy with additional family in second unit OR a market rate tenant to offset mortgage! Take advantage of historical low interest rates and this incredibly high rent submarket. Located adjacent to coveted Hancock Park, this side by side Spanish duplex is situated on a large corner lot. Each unit feels like it's own private home with 4 bedrooms and 3 baths. Units are highlighted by a grand entry, living and dining rooms with beamed ceilings, fireplace and private balcony from primary bedroom. Each unit is approximately 2,729 sq.ft and the lot size is 7,923 sq ft per assessor. The mature private landscaping and hedges provide privacy and solace, with each unit having its own detached single car garage. Great opportunity as income producing property or opportunity to develop and leverage some of the many concessions from the city! Buyer and their agents to verify all information.

  • May, 2020

  • May 18, 2020

    Date

    Canceled

    CRMLS: 20551666

    $2,449,000

    Price

  • Mar 19, 2020

    Date

    Active

    CRMLS: 20551666

    $2,449,000

    Price

  • Feb 19, 2020

    Date

    Active Under Contract

    CRMLS: 20551666

    $2,449,000

    Price

  • Feb 10, 2020

    Date

    Active

    CRMLS: 20551666

    $2,449,000

    Price

  • Listing provided courtesy of CRMLS

    Rare trophy side by side Spanish Duplex in coveted Hancock Park- Wilshire Neighborhood. Major curb appeal on a large corner lot with beautiful front yard. Each unit feels like a private 2 story home and boasts a grand living room with beautiful coved ceilings, large windows and private patio decks. Each unit is 2,729 sq ft. 4 bedrooms and 3 bathrooms with separate entrances. Each unit has its own garage. Rents are lower than market rates, due to longer termed tenants. Tenants are on month to month leases. Great opportunity to own a large live in townhouse and collect rent from the other unit. Shown by appointment only. Please do not disturb current tenants.

  • February, 2016

  • Feb 3, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2003

  • Oct 8, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 750 S Mansfield Ave

Assessed Value (2020): $1,430,044
Year Land Value Improved Value Assessed Value
2020 $910,029 $520,015 $1,430,044

Home Value Compared to the Market

This property vs the competition

750 S Mansfield Ave sold on April 8, 2021 for 74.65% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $407.66 per/sqft which puts the price per square foot 48.46% lower than the current median sale per square foot for the city of Los Angeles.

About 750 S Mansfield Ave

Detailed summary of property

750 S Mansfield Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 5,458 living square feet, and sits on an approximately 7,923 square foot lot. 750 S Mansfield Ave was first listed on ArdentRealEstateGroup.com on March 7, 2021. The homeowner sold the property for $2,185,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 74.65% higher than the current median priced home. Local homes that are currently for sale include 606 N Sycamore Ave, 1852 S La Brea Ave and 924 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 100 days, 750 S Mansfield Ave has a days on market of 18 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 750 S Mansfield Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 750 S Mansfield Ave

Public county record property details
Beds
8
Baths
6
Year built
1926
Sq. Ft.
5,458
Lot Size
7,922
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21,22
APN
5507-027-022

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
40
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 750 S Mansfield Ave

744 S Mansfield Ave, Los Angeles, CA 90036
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744 S Mansfield Ave
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809 S Mansfield Ave, Los Angeles, CA 90036
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$1,990,000 Last Sold Price
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845 S Mansfield Ave, Los Angeles, CA 90036
$3,400,000 Last Sold Price
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9 Baths
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845 S Mansfield Ave
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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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