We are pleased to present 1347 N Mansfield Ave, a 4 unit multi-family property located in the supply constrained neighborhood of Hollywood. Built in 1931, the subject property consists of 3,424 rentable square feet spread throughout a .12 acre lot. The building consists entirely of spacious 1-Bedrooms / 1-Bathroom units.… Read More The property is in a prime location near major employers, sources reveal that this central Hollywood neighborhood has a higher income than 40.8% of the neighborhoods in America. The centralized location benefits from Media, Technology and Creative Office Boom in Hollywood/Miracle Mile. Future renters have a short commute to Major Employment Centers such as Beverly Hills, Century City, Hollywood and
Downtown Los Angeles.
The Central Hollywood neighborhood has tons of character, it is very unique that the concentration here of studios and other small living spaces is at near-record heights. In addition, 97.8% of the real estate in the Central Hollywood neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in the US.
This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio. Read Less
Property listed by Lyon Stahl Investment Real Est, Ryan Gonzalez 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.12 Acres
Year Built
1931
MLS Number
PW26132327
Additional Details
Building
Built in 1931, 1 building, 2 stories, Entry level: 1, Entry location: 1
Community
Biking, Curbs, DogPark, Foothills, Hiking, Park, StreetLights, Sidewalks, Urban
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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