724 S Mansfield Avenue Los Angeles, CA ^$ 3,000,000

724 S Mansfield Avenue

^$ 3,000,000

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724 S Mansfield Avenue

Los Angeles, CA, 90036

^$ 3,000,000

Bedrooms8 Baths12.0 Sq 8,476

Monthly Estimate*

^$ 17,967

Listed by REMAX COMMERCIAL & INVESTMENT REALTY

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 1

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 2

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 3

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 4

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 5

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 6

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 7

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 8

724 S Mansfield Avenue, Los Angeles, CA 90036 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $3,000,000 with 8 bedrooms and 12 full baths. This 8,476 square foot home was built in 1927 on a lot size of 0.2427.

Los Angeles' historic Spanish-style architecture is imprinted throughout this beautiful Miracle Mile / Hancock Park block. The property is comprised of 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, and shopping centers, as well as the future Wilshire/LaBrea Metro Purple Line station, which will provide riders with underground metro access between Westwood and Downtown LA.

Multi-Family Active

Price

^$ 3,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2427

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24412953

Days on Market

Features

General

Heating Central

Zoning LAR3

Year Built 1927

Levels MultiSplit

Gross Income 230056.0

County Los Angeles

Net Operating Income 160446.0

New Construction N

Property Type ResidentialIncome

Home Owner Assoc N

Attached Garage N

Garage Y/N N

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Just South of Wilshire East of La Brea

City Los Angeles

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 12

MLS Area C18 - Hancock Park-Wilshire

Lot Size Units SquareFeet

Lot Size Square Feet 10574.0

Private Pool N

Waterfront Y/N N

Carport Y/N Y

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 48

Standard Status Active

Cap Rate 5.4

Exterior

Parking Features Carport Driveway

Total Parking 0.0

Lot Size Area 10574.0

Number of Buildings 2

Spa N

Building Area Total 8476.0

Lot Size Acres 0.2427

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 8

Electric On Property Y/N N

Total Baths 12

Internal Only

Street Number 1 724

* Excluded Features

List By

Remax Commercial & Investment Realty

Broker

(310) 922-6124

Phone

Affordability Calculator

$17,967

Per Month

Monthly Principal & Interest: $17,967
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,055,802

Percent of Sale Price 31%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/26/2024	$3,000,000	-4.76%	Price Down
7/9/2024	$3,150,000		Listed Price

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724 S Mansfield Avenue, Los Angeles, CA, 90036 is a Multi-Family Home for sale at $3,000,000 with 8,476 sqft and a lot size of 0.2427. 724 S Mansfield Avenue has 8 bedrooms, 12.0 baths, and was built in 1927. The property's zip code is 90036 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 9/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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724 S Mansfield Avenue

Multi-Family Home for sale in Los Angeles, CA

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