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listing
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Residential IncomeFor Sale
$2,550,000
931 S Mansfield Avenue
Los Angeles, CA 90036
Listed by Errol Spiro DRE#00893163 errol@mdrealtycorp.com Miller & Desatnik Realty Co.
MLS: California Regional MLS (CRMLS)
8Beds
8Baths
8,429Sq Ft
Est. Mortgage
$13,263/mo

931 S Mansfield is a charming French provincial 8 unit multi-family property in a highly sought after Miracle Mile & Mid Wilshire location. The subject property is two stories, approximately 8,429 SF and was built in 1930. This large property consists of 8 spacious 1 BR + 1 Bath units. Three of these eight units will be delivered VACANT at close of escrow. The other four units have rents well below market, creating a quintessential value-add opportunity for new ownership. Garages located at the rear of the property that can potentially be converted into ADU units. There is also additional income generated monthly from onsite laundry. With its solid economic profile and strategic positioning, 931 S. Mansfield Ave embodies a lucrative opportunity for discerning investors seeking to capitalize on the dynamic Los Angeles real estate market.

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Information courtesy of Miller & Desatnik Realty Co. is subject to verification and is not guaranteed.
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