We are pleased to present a duplex located at 1360 S Mansfield Avenue in Los Angeles, California. The subject property is located in a prime Mid-City location, south of San Vicente Boulevard and west of La Brea Avenue. Built in 1932, this Spanish-style duplex is situated in a prime Mid-City… Read More location. The building features two spacious units-- a two-bedroom and three-bedroom unit-- each with its own living and dining room. Both units are generously sized, averaging over 1,250SF, and include dual entry, along with an in-unit washer and dryer. The property is gated and offers on-site parking, Tenants can also enjoy a private backyard with mature fruit trees and open space, perfect for relaxation and leisure. Additionally, there is potential to add up to two extra ADUs on the property, thanks to the recently passed SB1211. The surrounding area is experiencing significant growth, with numerous new developments nearby, highlighting the neighborhood's strength. Its central location provides easy access to major commercial corridors, including San Vicente Blvd, Venice Blvd, and La Brea Ave. Residents are also just minutes away from top attractions like LACMA, The Grove Shopping Center, and the La Brea Tar Pits and Museum. Investors are able to benefit from this investment by capitalizing on market rents from the first day as well as being close proximity to many wonderful amenities and various parts of Los Angeles. Read Less
Property listed by Marcus & Millichap, Jason Tuvia 818-212-2700
Listing Snapshot
Days Online
15
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,560
Lot Size
0.12 Acres
Year Built
1932
MLS Number
25524387
Additional Details
Building
Built in 1932, Building area total: 2,560, Levels: Two, Living area: 2560, 2 stories, 1 building
Income
Gross income: $81,600, Net operating income: $54,124
Lot
0.1189 acres, 5,178 square feet, Size: 5,178
Parking
Driveway
Property
Zoning: LARD2
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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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