Price Reduction
Address
750 S Mansfield Avenue Los Angeles, CA
Price
$ 2,285,000
Property Attributes
  • MLS#SR20170673
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHancock Park
  • Zip90036
  • StyleSpanish
  • Price$ 2,285,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5458
  • Lot Size7,924 SqFt
Listing Provided Courtesy Of:
Jillian Johnson with Coldwell Banker Realty.
Property Description

MASSIVE PRICE REDUCTION! PROPERTY CAN NOW BE DELIVERED FULLY VACANT JAN.2021!! Huge opportunity for investor to stabilize with market rents. Development potential with TOC and R3 zoning by right. Owner occupancy with additional family in second unit OR a market rate tenant of offset mortgage! Take advantage of historical low interest rates and this incredibly high rent submarket. Located adjacent to coveted Hancock Park, this side by side Spanish duplex is situated on a large corner lot. Each unit feels like it's own private home with 4 bedrooms and 3 baths. Units are highlighted by a grand entry, living and dining rooms with beamed ceilings, fireplace and private balcony from primary bedroom. Each unit is approximately 2,729 sq.ft and the lot size is 7,923 sq ft per assessor. The mature private landscaping and hedges provide privacy and solace, with each unit having its own detached single car garage. Great opportunity as income producing property or opportunity to develop and leverage some of the many concessions from the city! Buyer and their agents to verify all information. Please do not disturb current tenant.

Price History
8/25/2020 Listed $2,475,000
12/2/2020 8% - $2,285,000

General Features

Appliances Dishwasher, Microwave, Refrigerator
Architectural Style Spanish
Assessments Unknown
Attached Structure Attached
Co-Listing Agent Last Name Brian
Co-Listing Agent Last Name Mallasch
Co-Listing Agent State License # 01748272
Co-listing Agent Brian Mallasch - BRE#01748272
Community Features Sidewalks
Cooling See Remarks
Directions Between Wilshire and Olympic- Corner of Mansfield and 8th
Garage Spaces 2.00
Heating Central
Interior Features Beamed Ceilings, Tile Counters
Listagentaor Southland
Listing Agent Jillian Johnson - BRE#01924019
Listing Agent State License 01924019
MLS Area HPK - Hancock Park
Number of Units Leased 1
Parking Features Garage
Pool Features None
Price Per Square Foot 418.65
Property Attached Y/N Yes
Roof Spanish Tile
Security Features Window Bars
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 2
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls 1 Common Wall
Fireplace Features Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Inside
Laundry Y/N Yes
Room Type Living Room
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 5458.00
Lot Features Corner Lot, Landscaped, Lawn, Sprinkler System
Lot Size Acres 0.1819
Lot Size Area 7923.0000
Lot Size Source Assessor
Lot Size Square Feet 7923.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Parking Y/N Yes
Total Parking 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90036

Price
AVG $2.54M
$2.29M
Visits
AVG 24
86
Year Built
AVG 1932
1926

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