1360 S Mansfield Ave 1360 S Mansfield Ave Immeuble residentiel 2 lots 1 170 107 € (585 054 €/Lot) Taux de capitalisation 4,08 % Los Angeles, CA 90019

Marcus and Millichap is pleased to present a duplex located at 1360 S Mansfield Avenue in Los Angeles, California. The subject property is located in a prime Mid-City location, south of San Vicente Boulevard and west of La Brea Avenue.
Built in 1932, this Spanish-style duplex is situated in a prime Mid-City location. The building features two spacious units-- a two-bedroom and three-bedroom unit-- each with its own living and dining room. Both units are generously sized, averaging over 1,250 SF, and include dual entry, along with an in-unit washer and dryer. The property is gated and offers on-site parking, Tenants can also enjoy a private backyard with mature fruit trees and open space, perfect for relaxation and leisure. Additionally, there is potential to add up to two extra ADUs on the property, thanks to the recently passed SB1211. The surrounding area is experiencing significant growth, with numerous new developments nearby, highlighting the neighborhood’s strength. Its central location provides easy access to major commercial corridors, including San Vicente Blvd, Venice Blvd, and La Brea Ave. Residents are also just minutes away from top attractions like LACMA, The Grove Shopping Center, and the La Brea Tar Pits and Museum.
Investors are able to benefit from this investment by capitalizing on market rents from the first day as well as being close proximity to many wonderful amenities and various parts of Los Angeles.