CA > Los Angeles
Los Angeles, CA 90028,1301 N Mansfield Ave
Los Angeles, CA 90028,1301 N Mansfield Ave
Los Angeles, CA 90028,1301 N Mansfield Ave
18
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$4,250,000
Est. payment /mo
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23 Beds
22 Baths
14,668 SqFt
New

1301 N Mansfield Ave Los Angeles, CA 90028

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,668 sqft

Price per Sqft $289

MLS Listing ID 25539531

Style Mid-Century

Bedrooms 23

Year Built 1966

Lot Size 0.278 Acres

Property Sub-Type Multi-Family

Property Description

First time on the market in over 40 years, 1301 N. Mansfield presents a timeless mid-century apartment complex with thoughtful modern upgrades, located in a prime Hollywood location (corner of Fountain and Mansfield). Located just west of Highland Ave, 1301 N. Mansfield offers investors an opportunity to acquire a well-maintained 19-unit complex situated between the local hotspots and employment epicenters of West Hollywood (0.5 miles from Santa Monica & La Brea) and the greater Hollywood Media District (0.6 mile from Hollywood & Highland). Offered at $223K per unit, the financials are just as appealing as the location. Current rents yield a 5.45% CAP, and with approx. 26% rental upside, investors can achieve a 7.73% CAP and 8.75 GRM once stabilized. The unit mix includes (6) 2-bed/1.5-bath, (11) 1-bed/1-bath, and (2) studios. Please note, 2 units will be delivered vacant. Interiors feature oversized windows, private balconies, and an open-style floor plan. Units average approx. 800 SF, offering ample space, charm, and natural light. Major capital improvements include, electric appliances, a new roof, copper repipe, soft-story retrofit, and SB-721 compliant balconies (buyer to verify). Capital improvements include electric appliances, copper repipe, soft-story retrofit, and SB-721-compliant balconies (buyer to verify). 1301 N. Mansfield combines strong in-place fundamentals, significant upside, and unbeatable proximity to LA's top-tier cultural, entertainment, and employment hubs.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Built-Ins, Freezer, Range/Oven, Refrigerator

Laundry Community

Exterior

Parking Features Covered Parking, Gated

Garage Spaces 21.0

Waterfront Description None

View Y/N No

View None

Building

Story 3

Architectural Style Mid-Century

Level or Stories Three Or More

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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agent

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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1301 N Mansfield Ave