724 S Mansfield Ave - Apartments FOR SALE


Los Angeles, CA 90036
$3,000,000 USD
310-922-6124
724 S Mansfield Ave, Los Angeles, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/13
null | 5.35% Cap Rate

724 S Mansfield Ave
Los Angeles, CA 90036


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

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.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$354 USD /SF

# OF UNITS

12

PRICE/UNIT

$250,000

CAP RATE

5.35%

% LEASED

83%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,702 SF

ZONING

LAR3

APN/PARCEL ID

5507-027-018

ASK ABOUT THIS PROPERTY

Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

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Jake PlewaRE/MAX Commercial & Investment RealtyMore Info
310-922-6124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.