NOT LISTED FOR SALE

2320 S Mansfield Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $2,596,000 - $3,353,000

12 Beds
12 Baths
5,303 Sq Ft
$570/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $3,160,000 $596 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $18,804/month

6 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of May 2024

Great Location 3 units on a CORNER LOT! These 3 units include a main single family house and one duplex. Newly built in 2019 with all the upgrades throughout the property. Each unit features 4 bedrooms and 4 full bathrooms, so 12 Bedrooms and 12 Bathroom in total! Each bedroom comes with its own bathroom. 2320 S Mansfield Ave is a single family house with 2 car garage. It features a interior square footage of 1791. 5044 and 5046 W 23rd Street are 2 units shared ONE common wall. Both units have main floor bedroom and a full bathroom. All the units have hardwood floors throughout. Easy to maintain. Fully occupied by tenants. Easy access to the 10 fwy, Sofi stadium, Ktown and Mid City. Current monthly gross rental income for all units is $14,949.

Last Agent to Sell the Property

Xianghui Zhou

Real Brokerage Technologies Brokerage Phone: 626-782-2098 License #01981445 Listed on: 04/15/2024

Real Brokerage Technologies

Last Buyer's Agent

Danni Shen

Harvest Realty Development License #02202501

Harvest Realty Development

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,791

Year Built

  • Built in 2018

Lot Details

  • 6,700 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 5,303 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 818
  • Tax Tract Number 1566
  • Assessor Parcel Number 5062017030
  • $534 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $14,950
  • Net Operating Income $14,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,791

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5062017030
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 595.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6700.00
  • Lot Size Acres: 0.1538

Multi Family

  • Gross Income: 14949.50
  • Gross Scheduled Income: 14950.00
  • Lot Size Area: 6700.0000 Square Feet
  • Net Operating Income: 14949.50
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2185.00
  • Tax Lot: 818
  • Tax Tract Number: 1566
  • TaxOtherAnnualAssessmentAmount: 534.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 10, 2024
Sold by
Lee & Zhu Family Trust and Lee Yi
Bought by
Du Shiyue and Du Shiyang
Seller's Agent
Xianghui Zhou
Real Brokerage Technologies
Buyer's Agent
Danni Shen
Harvest Realty Development
List Price
$3,250,000
Sold Price
$3,160,000
Premium/Discount to List
-$90,000
-2.77%
Views
12
Current Estimated Value
$3,022,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,429
Avg. Annual Appreciation
-3.02%

Purchase Details

Listed on
Jan 16, 2022
Closed on
Feb 15, 2022
Sold by
Dang Luu Chau and Revocabl Vuong
Bought by
Luu Chau Dang And Vuong Muoi Tu Revocable Tru and Dang Vuong T
Seller's Agent
Sheri Carruthers
Seven Gables Real Estate
Buyer's Agent
Xianghui Zhou
Real Brokerage Technologies
List Price
$2,800,000
Sold Price
$2,825,000
Premium/Discount to List
$25,000
0.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Nov 19, 2018
Sold by
Orange Grove Expert Llc
Bought by
Dang Luu Chau and Tu Vuong Muoi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 13, 2017
Closed on
Mar 20, 2018
Sold by
Bell Floyd J and Bell Sandra
Bought by
Orange Grove Expert Llc
Seller's Agent
Gene1924 Harries
Exclusive Realty Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$509,000
Sold Price
$685,000
Premium/Discount to List
$176,000
34.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 5, 2017
Sold by
Bell Floyd J and Bell Sandra
Bought by
Orange Grove Expert Llc
Seller's Agent
Gene1924 Harries
Exclusive Realty Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$509,000
Sold Price
$685,000
Premium/Discount to List
$176,000
34.58%

Purchase Details

Closed on
May 21, 2012
Sold by
Bell Karen Annette
Bought by
Bell Floyd J and Bell Sandra
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Du Shiyue $3,160,000 Fidelity National Title
Luu Chau Dang And Vuong Muoi Tu Revocable Tru $2,825,000 Chicago Title
Dang Luu Chau $2,200,000 Provident Title Company
Orange Grove Expert Llc -- Lawyers Title Ins Co
Orange Grove Expert Llc $685,000 Lawyers Title Ins Co
Bell Floyd J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Luu Chau $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $3,160,000 -2.8% $596 / Sq Ft
04/21/2024 04/21/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $3,250,000 +15.0% $613 / Sq Ft
02/22/2022 02/22/22 Sold $2,825,000 +0.9% $533 / Sq Ft View Prior Sale
02/12/2022 02/12/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $2,800,000 +308.8% $528 / Sq Ft
01/24/2018 01/24/18 Sold $685,000 +34.6% $680 / Sq Ft View Prior Sale
11/28/2017 11/28/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $509,000 -- $505 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,791 $3,223,200 $2,040,000 $1,183,200
2024 $35,791 $2,939,130 $1,768,680 $1,170,450
2023 $35,095 $2,881,500 $1,734,000 $1,147,500
2022 $27,483 $2,312,591 $1,681,885 $630,706
2021 $27,131 $2,267,247 $1,648,907 $618,340
2020 $27,411 $2,244,000 $1,632,000 $612,000
2019 $8,393 $698,700 $558,960 $139,740
2018 $3,044 $243,504 $162,337 $81,167
2016 $2,906 $234,050 $156,034 $78,016
2015 $2,864 $230,536 $153,691 $76,845
2014 $2,884 $226,021 $150,681 $75,340
Source: Public Records

Agents Affiliated with this Home

  • Xianghui Zhou

    Seller's Agent in 2024

    Xianghui Zhou

    Real Brokerage Technologies

    (626) 782-2098

    2 in this area

    75 Total Sales

    Xianghui Zhou
    Section Image

  • D

    Buyer's Agent in 2024

    Danni Shen

    Harvest Realty Development

    (626) 283-8800

    1 in this area

    21 Total Sales

    Danni Shen
    Section Image
  • Sheri Carruthers

    Seller's Agent in 2022

    Sheri Carruthers

    Seven Gables Real Estate

    (323) 434-9856

    1 in this area

    16 Total Sales

    Sheri Carruthers
    Section Image

  • G

    Seller's Agent in 2018

    Gene1924 Harries

    Exclusive Realty Inc

    (808) 640-3331

    1 Total Sale

    Gene1924 Harries
    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24075213

California Regional Multiple Listing Service (CRMLS)

APN: 5062-017-030

California Los Angeles County Los Angeles 90016 Mid-City

2320 S Mansfield Ave, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes