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1347 N Mansfield Ave

los angeles, CA 90028

$1,895,000

  • 4 BR
    APPROX. 3,424 SF

INTERESTED? LET'S CONNECT

4-unit apartment building. Each large unit offers 1 bedroom, 1 bathroom, plus a spacious bonus room ideal as a den or second bedroom, along with walk-in closet. The property features a community laundry room, huge backyard/garden, camera system, upgraded electrical, copper plumbing, and a redwood foundation. Most utilities are paid by tenant .Excellent developer opportunity. Potential to build up to 7 units totaling approximately 12,600 square feet across 4 stories, with the possibility of only one low-income unit required. Parking not required. Also you can keep all 4 units and build ADU in the back. Buyer to verify all development potential and perform their own due diligence. Property is well managed. Two units are owner-occupied and can be delivered vacant. Remaining tenants are month-to-month. If desired by the buyer, the owner may remain as a tenant. This is a turn-key, pride-of-ownership asset and a strong addition to any investment or development portfolio.

Details

3,424 Sq Ft

5,231 Sq Ft Lot Size

Investment

Built in 1931

MLS/Listing ID 26647153

4 Stories

4 Units

Amenities & Features

Range Hood

Microwave

Cooling - Wall Units

estimate my mortgage

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Interested in 1347 N Mansfield Ave?