Property Description
5 UNITS DELIVERED VACANT! Prime Net Lease is pleased to present an exceptional eight-unit multifamily investment opportunity in the heart of prime Hollywood. Nestled in one of the most sought-after markets in Los Angeles, this property offers unparalleled access to major thoroughfares and is just minutes from Hollywood’s world-famous entertainment, shopping, and dining districts. The property also boasts a WalkScore of 96, making it a walkers paradise. This well-maintained building, constructed in 1956, spans 6,750 square feet of living space on a 7,489 square foot LAR3-zoned lot. The property features a strong unit mix, including five (5) one-bedroom, one-bath units and three (3) two-bedroom, one-bath units, making it an appealing choice for a variety of tenants. Adding to its value, six of the units come with covered parking spaces in the rear (with potential to add a 7th spot).For investors, this property represents a significant value-add opportunity. With five of the eight units to be delivered vacant, a savvy investor has immediate potential to renovate and capture higher market rents. Additionally, the property includes an on-site laundry room, providing convenient amenities for tenants while generating extra income. Separately metered gas and electric systems help keep operating costs low, enhancing profitability.
Features
: No
: Wall Furnace
: No
: No
: No
: 17
: Assigned
Address Map
U.S.
California
Los Angeles
Los Angeles
90038
1252 N Mansfield Avenue
0
W119° 39' 35.6''
N34° 5' 38.7''
MLS Addon
$0
0 Sqft
: No
: No
4.69
5
0
Located at 1252 N Mansfield Ave in Hollywood, CA 90038. The cross streets are Fountain Ave & N Mansfield Ave.
0
: No
2

Residential Income For Sale Los Angeles

1252 N Mansfield Avenue, Los Angeles, Los Angeles, California, 90038

7,489 Acre
Visits : 12 in 16 days
$2,620,000
Listing ID #219116190DA
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 219116190DA
Price : $2,620,000
Year Built : 1956
Lot Area : 7,489 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$

$
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern