12 bedroom house for sale

Overview

There is also additional income generated monthly from onsite laundry

931 S Mansfield is a charming French provincial 8 unit multi-family property in a highly sought after Miracle Mile and Mid Wilshire location. The subject property is two stories, approximately 8, 429 SF and was built in 1930. This large property consists of 8 spacious 1 BR + 1 Bath units. Three of these eight units will be delivered VACANT at close of escrow. The other four units have rents well below market, creating a quintessential value-add opportunity for new ownership. Garages located at the rear of the property that can potentially be converted into ADU units. There is also additional income generated monthly from onsite laundry. With its solid economic profile and strategic positioning, 931 S. Mansfield Ave embodies a lucrative opportunity for discerning investors seeking to capitalize on the dynamic Los Angeles real estate market.