724 Mansfield Ave, Los Angeles, CA 90036
12 Unit Apartment Building | $3,000,000 ($250,000/Unit) | 5.35% Cap Rate | Los Angeles, CA 90036
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $3,000,000
- Property Type
-
Multifamily
- Square Feet
- 8,467 SF
Listing Contacts
Jake Plewa
Verified Profile
- Property Info
Property Overview
Taksa investment Group & Remax Commercial and Investment Realty are pleased to share our newest listing located at 724 S Mansfield Avenue. Los Angeles' historic Spanish-style architecture is imprinted throughout this beautiful Miracle Mile / Hancock Park block. The property comprises 12 units over two floors across 8,476 SF, sitting on a LAR3-zoned 10,571 SF lot. Residents will enjoy a short walk to some of the city's best Restaurants, Lounges, shopping centers, and the future Wilshire/LaBrea Metro Purple Line station, which will provide riders with underground metro access between Westwood and Downtown LA.
Property Details
- Class
- C
- Year Built
- 1927
- Stories
- 2
- Lot Size (sq. ft)
- 10,890 SF
- Units
- 12
Highlights
- Perfect Hancock Park / Miracle Mile Location
- Walking distance to shops, restaurants and bars along Wilshire Blvd and La Brea Avenue
- Future Metro Purple line within short walk allowing access to Westwood and Downtown LA
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