NOT LISTED FOR SALE

845 S Mansfield Ave Los Angeles, CA 90036

Miracle Mile Neighborhood
10 Beds
9 Baths
8,597 Sq Ft
8,475 Sq Ft Lot

Last Sold March 23, 2022

Last sale price $3,400,000 $395 Per Sq Ft

28 Days on Market

Highlights

  • Wood Flooring
  • Central Heating
  • 5-minute walk to Mansfield Ave Park
  • Laundry Room

About This Home

As of March 2022

*NOW APPX 4% CAP WITH NEW PRICING* First time on the market in almost 80 years! Here's the rare opportunity to acquire a trophy Storybook English Tudor classic eight-unit apartment complex. Exquisite plaster cast ceilings, pecan paneling, exceptional original hardware remain throughout. Enjoy a magical approximately 2,000 square feet, two-story light-filled three bedrooms, two baths Primary Unit' featuring a pitched high ceiling and pecan paneling that is fully renovated with attention to detail. An ideal home for owner users who are blessed with mesmerizing sunsets and tranquil views of Hills. The integrity remains in the carefully maintained building through almost a century. The seven other large one bedroom units are fully occupied by tenants mostly at market rates. Conveniently located in the Mid-Wilshire district of Miracle Mile, seconds away from LACMA, The GROVE, shops, and entertainment venues on bustling Wilshire Blvd boasting a Walk Score of 84. With Purple Line station completion just around the corner, this is one of the rarest opportunities to grab a solid property.

Last Agent to Sell the Property

Vinnie Park

Keller Williams Larchmont License #02015848 Listed on: 01/06/2022

Keller Williams Larchmont

Last Buyer's Agent

Andrew Rafison

Edgestone Real Estate, Inc. License #01835000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 8,475 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 8,597 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-002-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Unknown
  • Street Number Display: Yes
  • Advertising Remarks: https://www.cbhometour.com/845-S-Mansfield-Ave-Los-Angeles-CA-90036/index.html. MIRACLE MILE 8 UNIT ENGLISH TUDOR ARCHITECTURE WITH 20% UPSIDE POTENTIAL ON R3 TOC TIER 3 LOT First time on the market in almost 80 years! Look no further for your 1031 exchange! Here's the rare opportunity to acquire a trophy Storybook English Tudor classic 8 unit apartment complex with a solid rental income and 20% Upside potentials. Exquisite plaster cast ceilings, pecan paneling, milk box, exceptional original hardware remain throughout. A magical 2,000 SF, 2 stories light-filled 3 bedrooms 2 baths 'Owner's Unit' featuring pitched high ceiling, pecan paneling is fully renovated with attention to detail. It is a perfect home for owner users who are blessed with mesmerizing sunsets and tranquil views of Hills. The integrity remains in the carefully maintained building through almost a century.
  • Living Area: 8597
  • Lot Acreage: 0.1946
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 10
  • Common Walls: Attached
  • Laundry: Room
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 395.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 6

Utilities

  • Cooling: Window Unit(s)
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 56.25
  • Assessed Improvement Value: 76029
  • Assessed Land Percent: 43.75
  • Assessed Land Value: 59127
  • Total Assessed Value: 135156
  • Assessor Parcel Number: 5084-002-020
  • Lot Size Area: 8475

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 17.53
  • Number Of Units: 8
  • Type Of Units: Apartment

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

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $3,400,000 0.0% $395 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/01/2022 02/01/22 Price Changed $3,399,700 0.0% $395 / Sq Ft
01/06/2022 01/06/22 For Sale $3,399,800 -- $395 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Vinnie Park

    Seller's Agent in 2022

    Vinnie Park

    Keller Williams Larchmont

    (213) 332-9045

    3 in this area

    20 Total Sales

    Vinnie Park
    Section Image

  • A

    Buyer's Agent in 2022

    Andrew Rafison

    Edgestone Real Estate, Inc.

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-116489

The MLS
California Los Angeles County Los Angeles 90036 Miracle Mile

845 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.

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.

Nearby Homes