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853 N Mansfield Ave, Los Angeles, CA 90038
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853 N Mansfield Ave Los Angeles, CA 90038

$1,350,000 Sold Price as of 10/28/2021
  • 5 Beds
  • 4 Baths
  • 2,403 Sq.Ft.
Sold
$1,350,000 Sold Price as of 10/28/2021 Refinance Your Mortgage
Map preview of 853 N Mansfield Ave, Los Angeles, CA 90038

Property Overview: 853 N Mansfield Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,403 living square feet and 5,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic Location steps from West Hollywood! This area has a lots of new development with many new restaurants, shops all within walking distance. It's a unique Art Deco Style Fourplex, nestled on a beautiful tree-lined street. Just down the street to the Melrose/Fairfax District. Don't miss this great Value Add opportunity in this prime West Hollywood adjacent area! Each unit has a separate address. The building consists of (1) 2 Bedroom + 1 Bath, (2) 1 Bedroom + 1 Bath and 1 Studio unit + 1 bath. The back of the building has a detached 3 car garage structure, and one additional parking pad.

Listed by DANIEL CASTIEL | BRE #01023338 | DYNASTY REAL ESTATE
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 142

Home details

Lot Sq. Ft
5,999
HOA Dues
$0/mo
Year built
1940
Garage
3 Car
Property Type:
Fourplex
Status
Sold
MLS#
IV21073530
City
Los Angeles
County
Los Angeles
Time on Site
1081 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,105
  • Total Rent: $1,105
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,361
  • Total Rent: $1,361
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $995
  • Total Rent: $995
  • Pro Forma/Market Rent: $1,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,732
  • Net Operating Income: $45,250
  • Gross Operating Income: $62,457
  • # of Rented Garages: 0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $16,750
  • New Taxes: $20,877
  • Trash: $0
  • Insurance: $1,064
  • Maintenance: $410
  • Water/Sewer: $1,134

Property Details for 853 N Mansfield Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Exterior Features
Exterior Information
  • Roof: Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage - Three Door
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5524001032
  • Year Built Source: Assessor
  • Architectural Style: See Remarks
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: East of La Brea, North of Melrose
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 853 N Mansfield Ave

Last sold for $1,350,000 on October 28th, 2021

  • October, 2021

  • Oct 29, 2021

    Date

    Sold

    CRMLS: IV21073530

    $1,350,000

    Price

  • Sep 29, 2021

    Date

    Pending

    CRMLS: IV21073530

    $1,475,000

    Price

  • Sep 22, 2021

    Date

    Active

    CRMLS: IV21073530

    $1,475,000

    Price

  • Sep 15, 2021

    Date

    Pending

    CRMLS: IV21073530

    $1,475,000

    Price

  • Aug 18, 2021

    Date

    Price Change

    CRMLS: IV21073530

    $1,475,000

    Price

  • Aug 2, 2021

    Date

    Price Change

    CRMLS: IV21073530

    $1,575,000

    Price

  • Jul 1, 2021

    Date

    Price Change

    CRMLS: IV21073530

    $1,650,000

    Price

  • May 21, 2021

    Date

    Price Change

    CRMLS: IV21073530

    $1,725,000

    Price

  • May 3, 2021

    Date

    Active

    CRMLS: IV21073530

    $1,795,000

    Price

  • December, 2013

  • Dec 10, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 853 N Mansfield Ave

Assessed Value (2020): $397,707
Year Land Value Improved Value Assessed Value
2020 $288,477 $109,230 $397,707

Home Value Compared to the Market

This property vs the competition

853 N Mansfield Ave sold on October 28, 2021 for 40.48% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $613.82 per/sqft which puts the price per square foot 16.83% lower than the current median sale per square foot for the city of Los Angeles.

About 853 N Mansfield Ave

Detailed summary of property

853 N Mansfield Ave is a fourplex that recently sold in Los Angeles, CA 90038. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,403 living square feet, and sits on an approximately 5,999 square foot lot. 853 N Mansfield Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,350,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 40.48% higher than the current median priced home. Local homes that are currently for sale include 4938 Maplewood Ave, 1089 S Orange Dr and 1119-1121 S Orange Dr. While the average home in Los Angeles, CA is selling in 96 days, 853 N Mansfield Ave has a days on market of 142 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 853 N Mansfield Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 853 N Mansfield Ave

Public county record property details
Beds
3
Baths
4
Year built
1940
Sq. Ft.
2,403
Lot Size
5,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
143
APN
5524-001-032

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 853 N 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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