$3,900,000
SOLD JUL 22, 2025

1301 N Mansfield Ave Los Angeles, CA 90028

Hollywood Neighborhood
23 Beds
22 Baths
14,668 Sq Ft
0.28 Acres

Recently Sold

$266 Per Sq Ft

8% Below List Price

39 Days on Market

Highlights

  • Gated Parking
  • Built-In Features
  • Laundry Facilities
  • Midcentury Modern Architecture
  • Card or Code Access
  • Gated Home

About This Home

As of July 2025

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.

Last Agent to Sell the Property

Kenny Stevens

Compass License #01090251 Listed on: 05/15/2025

Compass

Co-Listed By

Jeremy Kaiser

Compass License #01725819

Last Buyer's Agent

Kenny Stevens

Compass License #01090251 Listed on: 05/15/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Gated Home

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 14,668 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 22 Bathrooms

Parking

  • 21 Parking Spaces
  • 21 Covered Spaces
  • Covered Parking
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 19 Units
  • Laundry Facilities
  • Rent Control
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 5548-023-049

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Three Or More
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 14668
  • Price Per Unit: 223684.00
  • Stories: 3
  • Year Built: 1966
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 23
  • Common Walls: Attached
  • Laundry: Community
  • Total Bathrooms: 22.00
  • Equipment: Built-Ins, Freezer, Range/Oven, Refrigerator
  • Price Per S Q F T: 289.75

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: No

Garage/Parking

  • Covered Parking: 21
  • Parking Garage: Covered Parking, Gated
  • Total Parking: 21

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Card/Code Access, Gated

Lot Info

  • Assessor Parcel Number: 5548-023-049
  • Lot Size Area: 12093

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 10.99
  • Number Of Units: 19
  • Rent Control: 100
  • Total Annual Expense: 145670
  • Type Of Units: Apartments
  • Vacancy Rate: 2 units

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $3,900,000 0.0% $266 / Sq Ft
07/19/2025 07/19/25 For Rent -- -- --
06/23/2025 06/23/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $4,250,000 -- $290 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kenny Stevens

    Seller's Agent in 2025

    Kenny Stevens

    Compass

    (424) 284-4453

    3 in this area

    42 Total Sales

    Kenny Stevens
    Section Image
  • Jeremy Kaiser

    Seller Co-Listing Agent in 2025

    Jeremy Kaiser

    Compass

    (626) 788-3013

    4 in this area

    37 Total Sales

    Jeremy Kaiser
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25539531

The MLS

California Los Angeles County Los Angeles 90028 Hollywood

1301 N Mansfield Ave, Los Angeles, CA

This home is located at 1301 N Mansfield Ave, Los Angeles, CA 90028 and is currently priced at $3,900,000, approximately $265 per square foot. This property was built in 1966. 1301 N Mansfield Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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