24 days on rocket

2747 S Mansfield Ave, Los Angeles, CA, 90016

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2747 S Mansfield Ave, Los Angeles$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1924
MLS #SB24046074
Lot Size0.11 Acres
StatusActive

About 2747 S Mansfield Ave

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 5.36% 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.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 1

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 729-1559
  • Listing Agent: Aaron Jacobson

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Cienega Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: West of La Brea, South of W Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000

Tax Information:

  • Annual Amount: $708
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2747 S Mansfield Ave vs Los Angeles

24 DAYS ON ROCKET

-10 Days

$1,395,000

+$408.5K More

KEY TAKEAWAY

This property is $408.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24046074

Listing Office:

  • Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Office Phone: (310) 729-1559
  • Listing Agent: Aaron Jacobson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 10:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2021Home Sold
$635,000

Tax History

YEARPROP. TAXASSESSMENT
2021$708$34,586
2020$8,362$700,396
2019$8,306$686,664
2018$640$673,200
2017$640$32,258

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5889799
4
/10

  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-5889800
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.81 miles

  • Public Magnet Grades KG-6

school-card-donut-5889801
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.85 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-5889802
2
/10

  • Johnnie Cochran, Jr., Middle School

  • 4066 West Johnnie Cochran Vist

  • 1.77 miles

  • Public District Grades 6-8

school-card-donut-5889803
4
/10

  • Studio

  • 2211 W Avenue 30

  • 8.47 miles

  • Public District Grades 6-8

High School

school-card-donut-5889804
1
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.62 miles

  • Public Magnet Grades 9-12

school-card-donut-5889805
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 8.13 miles

  • Public Magnet Grades 9-12

school-card-donut-5889806
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.03 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,549. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90016›2747 S Mansfield Ave

This home is located at 2747 S Mansfield Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This home, which was built in 1924, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $1,395,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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