$1,375,000 Price Analysis 2747 S Mansfield AveLos Angeles, CA 90016 4 bed 4 bath 2,630 SqFt ($522/SqFt) 4,809SqFt lot. Built 1924 Listed 2024-04-09, Taxes $9,535 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
The property is nestled in the thriving West Adms 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 valu able 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 5.36% 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.
Presented by Aaron Jacobson at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24046074 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $144,000 + $647,000 $791,000 | $9,535 |
2021 | $12,876 + $21,710 $34,586 | $707 |
2020 | $127,344 + $573,052 $700,396 | $709 |
2019 | $124,848 + $561,816 $686,664 | $8,362 |
2018 | $122,400 + $550,800 $673,200 | $8,306 |
2017 | $12,009 + $20,249 $32,258 | $640 |
2016 | $11,774 + $19,852 $31,626 | $607 |
2015 | $11,598 + $19,554 $31,152 | $601 |
2014 | $11,371 + $19,171 $30,542 | $627 |
2013 | $11,320 + $19,085 $30,405 | $621 |
2012 | $11,099 + $18,711 $29,810 | $628 |
2010 | $10,882 + $18,345 $29,227 | $634 |
2009 | $10,827 + $18,252 $29,079 | $610 |
2009 | $10,801 + $18,208 $29,009 | $610 |
2008 | $10,615 + $17,895 $28,510 | $595 |
2007 | $10,407 + $17,545 $27,952 | $573 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.