top of page

1360 S Mansfield Avenue

1360 South Mansfield Avenue, Los Angeles, CA 90019, USA

For Sale

$1,325,000

Property Details

Property Type

Multifamily

Units

2

Price Per Unit

$662,500

Contact Agent

Jason Tuvia | Josh Yeager

(818) 741-8010

Price Per SF

$517.58

Cap Rate

4.08%

GRM

16.24

Property Description

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.

Property Location

1360 South Mansfield Avenue, Los Angeles, CA 90019, USA

bottom of page