
2747 S Mansfield Ave Los Angeles, CA 90016
West Adams NeighborhoodAbout This Home
As of January 2025We 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.
Last Agent to Sell the Property
Kidder Mathews of California, Inc. License #01902650 Listed on: 11/20/2024
Last Buyer's Agent
Jesse Yang
American Home Realty License #01968534
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,187
Year Built
- Built in 1924
Interior Spaces
- 2,630 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Driveway
Additional Features
- 4,809 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5049-015-028
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,250,000 | Orange Coast Title Company | |
Grant Deed | $635,000 | Lawyers Title | |
Interfamily Deed Transfer | -- | Accommodation |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $125,000 | Adjustable Rate Mortgage/ARM | |
Previous Owner | $95,000 | Credit Line Revolving |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/04/2025 01/04/25 | Sold | $1,250,000 | -2.0% | $475 / Sq Ft |
11/20/2024 11/20/24 | For Sale | $1,275,000 | -- | $485 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $10,187 | $822,955 | $673,138 | $149,817 |
2023 | $9,995 | $806,820 | $659,940 | $146,880 |
2022 | $9,536 | $791,000 | $647,000 | $144,000 |
2021 | $708 | $34,586 | $21,710 | $12,876 |
2020 | $710 | $700,396 | $573,052 | $127,344 |
2019 | $8,363 | $686,664 | $561,816 | $124,848 |
2018 | $8,307 | $673,200 | $550,800 | $122,400 |
2016 | $607 | $31,626 | $19,852 | $11,774 |
2015 | $602 | $31,152 | $19,554 | $11,598 |
2014 | $627 | $30,542 | $19,171 | $11,371 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Casey Lins
Kidder Mathews of California, Inc.
(714) 333-6768
2 in this area
50 Total Sales
-
J
Buyer's Agent in 2025
Jesse Yang
American Home Realty
-
S
Buyer Co-Listing Agent in 2025
Shanahan Yang
American Home Realty
(818) 808-5162
1 in this area
74 Total Sales
Map
Source: The MLS
MLS Number: 24-465517

APN: 5049-015-028
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