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.
Off market
$967,100
1516 S Mansfield Ave, Los Angeles, CA 90019
4beds
4baths
2,500sqft
MultiFamily
Built in 1947
-- sqft lot
$967,100 Zestimate®
$387/sqft
$3,679 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Other
Interior area
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 6,804 sqft
Details
- Parcel number: 5070019017
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1947
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingArea: Mid Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- UnitTypeType: 1
- Equipment: Other
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
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Estimated market value
$967,100