Apartments For Sale • 14,668 SF
| First time on the market in over 40 years, 1301 N. Mansfield presents a timeless complex with thoughtful modern upgrades, located in a prime location. |
| Located west of Highland Ave, 0.5 miles from Santa Monica & La Brea (adjacent to West Hollywood), 0.6 miles from Hollywood & Highland. |
| Capital improvements include electric appliances, copper repipe, soft-story retrofit, and SB-721-compliant balconies (buyer to verify). |
| Offered at $223K per unit and 5.45% CAP w/ approx. 26% rental upside, stabilizes at 7.73% CAP and 8.75 GRM based on market rents for renovated units. |
| Comprised of (6) 2-bdrm. and 1.5-bath units, (11) 1-bdrm. units and (2) studios. *** 2 units will be delivered VACANT at COE*** |
| Capital improvements include electric appliances, copper repipe, soft-story retrofit, and SB-721-compliant balconies (buyer to verify). |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 15 min | - | 6.6 mi |
| Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 15 min | - | 7.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 11 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 17 min | - | 9.0 mi |
| Los Angeles International | 26 min | - | 13.0 mi |
| Long Beach (Daugherty Field) | 42 min | - | 29.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 21 |
| Type: | Covered |
| Included in Rent: | Yes |