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1301 N Mansfield Ave
Los Angeles, CA 90028 Hollywood

Price Upon Request

Apartments For Sale  •  14,668 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,668 SF
  • Lot Size 0.28 AC
  • Building Class C
  • Year Built 1966
  • Zoning LAR3
65 Transit Score
95 Walk Score

Highlights

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).

Amenities

  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Gated
  • Oven
  • Range
  • Tub/Shower
  • Elevator
  • Dining Room
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
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/SubwayDriveWalkDistance
Hollywood/Highland Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 11 min 0.6 mi
AirportDriveWalkDistance
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 Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Covered
Included in Rent: Yes