1347 N Mansfield Ave
LOS ANGELES, CA 90028

Property

Ownership: For Sale
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 Hollywood Hills East La

Description

Excellent development opportunity. Potential to build up to 7 units totaling approximately 12,600 SF across 4 stories, with the possibility of only one low-income unit required. Parking not required. Buyer to verify all zoning, density, and development potential and conduct their own due diligence. Existing 4-unit property is well maintained and income-producing, allowing for holding income during the entitlement process. Also you can keep 4 units and add ADUS in the back. Two units are owner-occupied and can be delivered vacant. Remaining units are month-to-month. If buyer prefers an owner-occupied scenario, the owner may remain as a tenant. Strong upside for redevelopment in a prime location.

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.