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2747 S Mansfield Ave, Los Angeles, CA, 90016

$1,275,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
2,630 SqFt
$485/SqFt
House

Location

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2747 S Mansfield Ave, Los Angeles$1,275,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingConcrete
Year Built1924
HeatingWall Furnace
CoolingNone
MLS #24465517
Lot Size0.11 Acres
StatusActive

About 2747 S Mansfield Ave

We are pleased to present a turn-key 4-unit property (2 NEW AND VACANT units) located in the highly desirable West Adams neighborhood. The building currently operates at a 6.15% CAP and 11.92 GRM on current rents (assuming market for the vacant units)! The property consists of two separate, single-story structures built in 1924 and 2024 (two new build ADUs) with a unit mix of 2 one-bedroom 1 bath units, 1 two-bedroom 1 bath unit, and 1 studio unit. With two vacant renovated units, there is an immediate opportunity for an owner user to live in one unit and rent out the others, or for an investor to capture immediate upside and re-rent both units at market rents in a highly coveted and proven submarket. This opportunity is located just South of Adams Blvd and West of La Brea Ave in very close proximity to one of the trendiest corridors in Los Angeles. Located a short walk away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, this property is strategically situated nearby a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. Contact the listing broker to coordinate a tour.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 0
  • Living Area: 2,630 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 2747 S Mansfield Ave, Los Angeles, CA 90016

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,275,000
  • Price Per SqFt: $485/SqFt

Tax Information:

  • Annual Amount: $708
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

2747 S Mansfield Ave vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,275,000

+$251.5K More

$485/SqFt

-$156 Less

KEY TAKEAWAY

This property is $251.5K more than the Median Sold Price and $156/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24465517

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2021Home Sold
$635,000

Tax History

YEARPROP. TAXASSESSMENT
2021$708$34,586
2020$8,362$700,396
2019$8,306$686,664
2018$640$673,200
2017$640$32,258

History based on county public records data.

Payment Calculator

$6,431

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,889

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-169203
3
/10

  • Cienega Elementary School

  • 2611 S Orange Dr

  • 0.16 miles

  • Public District Grades KG-5

school-card-donut-169204
4
/10

  • Stella Elementary Charter Academy

  • 2636 S Mansfield Ave

  • 0.16 miles

  • Public Charter Grades KG-3

school-card-donut-169205
7
/10

  • Marvin Avenue Elementary

  • 2411 S Marvin Ave

  • 0.73 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,549. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2747 S Mansfield Ave

What is the listing price of this property?

The listing price of 2747 S Mansfield Ave property is $1,275,000.

What type of property is this?

The property 2747 S Mansfield Ave is a house located in Los Angeles, California, 90016.

Is this property for sale now?

Active Listing: 2747 S Mansfield Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $708 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2021 for $635,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2747 S Mansfield Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2747 S Mansfield Ave is 2,630 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2747 S Mansfield Ave is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90016›2747 S Mansfield Ave

This home is located at 2747 S Mansfield Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This 2,630 square foot home, which was built in 1924, sits on a 0.11 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $1,275,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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