2747 S Mansfield Avenue, Los Angeles, California 90016
- Residential Income Property Type
- 6 Days Time on market
- 1924 Year Built
2747 S Mansfield Ave is a 4-Plex with 2 newly constructed
units and will be delivered with 50% of units tenant ready by
close of escrow. The property is nestled in the thriving
West Adams pocket of Los Angeles. This property
showcases an extraordinary unit mix of (1) 2-Bed/1-Bath,
(2) 1-Bed/1-Bath, and (1) Studio Unit, catering perfectly for
today’s renters.
Highlighted by a massive 1,314 SF 2-Bed/1-Bath front unit,
this asset is ideal for an owner/user to live in a newly
remodeled unit and cash flow from the remaining three.
The offering presents any investor or owner/user the
opportunity to acquire an incredible 4-Plex in one of LA’s
most sought after neighborhoods.
Notably, the (2) 1-Bed/1-Bath units are newly constructed
ADUs, exempt from any rent control laws, adding a
valuable element to this investment opportunity. The
ADUs and the renovated 2-Bed/1-Bath unit all tenant
ready, this asset will cash flow at a 5.56% cap rate for an
investor.
West Adams is a historic neighborhood known for its rich
architectural heritage and diverse cultural history. The
area is home to a variety of shops, restaurants, and
services that contribute to its vibrant community. This
asset is minutes from N/Soto, Mizlala, Highly Likely, Cento
Pasta Bar, and more.