1347 N Mansfield Ave
LOS ANGELES, CA 90028

Property

Ownership: For Sale
Bedrooms: 4 BR
Bathrooms: 4
Area: 5231 sq ft
Lot Size: 0.12 Acres

Financials

Price:$1,895,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Coldwell Banker Realty

1347 N Mansfield Ave 4BR Hollywood Hills East La

Description

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.

Amenities

  • Counter Top
  • Quartz Counters

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.