The West Adams Assemblage is an extremely rare and unique opportunity to develop a multifamily asset within a Tier 3 Transit Priority Area in the City of Los Angeles. The offering includes parcels 5049-032-064, 5049-032-063, 5049-032-062, and 5049-032-061, all delivered vacant for a total of 8,389 square feet of LAR3 land. The entire site allows for up to 10 units by-right. Additionally, the City's Transit Oriented Communities Affordable Housing Incentive Program provides a 70% density bonus allowing up to 19 buildable units.
Off market
$1,409,900
2902 S Mansfield Ave, Los Angeles, CA 90016
6beds
5baths
2,552sqft
MultiFamily
Built in 1934
-- sqft lot
$1,409,900 Zestimate®
$552/sqft
$3,037 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Heating
- Forced air
Cooling
- Wall
Appliances
- Included: Dryer, Washer
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 2,552 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached, Off-street
Lot
- Size: 4,129 sqft
Details
- Parcel number: 5049032063
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1934
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- ListingArea: Mid Los Angeles
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Assessor
- ParkingGarage: Driveway - Concrete, Garage - 1 Car
- Equipment: Gas Or Electric Dryer Hookup
- Cooling: Wall Unit(s)
- ListingStatus: Active Under Contract
- UnitTypeType: 2106, 2107
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Estimated market value
$1,409,900