We are pleased to present 1347 N Mansfield Ave, a 4 unit multi-family property located in the supply constrained neighborhood of Hollywood. Built in 1931, the subject property consists of 3,424 rentable square feet spread throughout a .12 acre lot. The building consists entirely of spacious 1-Bedrooms / 1-Bathroom units. The property is in a prime location near major employers, sources reveal that this central Hollywood neighborhood has a higher income than 40.8% of the neighborhoods in America. The centralized location benefits from Media, Technology and Creative Office Boom in Hollywood/Miracle Mile. Future renters have a short commute to Major Employment Centers such as Beverly Hills, Century City, Hollywood and Downtown Los Angeles.  The Central Hollywood neighborhood has tons of character, it is very unique that the concentration here of studios and other small living spaces is at near-record heights. In addition, 97.8% of the real estate in the Central Hollywood neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in the US. This is an absolutely incredible opportunity to acquire a highly desirable multi-family asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.