4-unit apartment building. Each large unit offers 1 bedroom, 1 bathroom, plus a spacious bonus room ideal as a den or second bedroom, along with walk-in closet. The property features a community laundry room, huge backyard/garden, camera system, upgraded electrical, copper plumbing, and a redwood foundation. Most utilities are paid by tenant .Excellent developer opportunity. Potential to build up to 7 units totaling approximately 12,600 square feet across 4 stories, with the possibility of only one low-income unit required. Parking not required. Also you can keep all 4 units and build ADU in the back. Buyer to verify all development potential and perform their own due diligence. Property is well managed. Two units are owner-occupied and can be delivered vacant. Remaining tenants are month-to-month. If desired by the buyer, the owner may remain as a tenant. This is a turn-key, pride-of-ownership asset and a strong addition to any investment or development portfolio.
Listed by Elham Khani
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License #01989596
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Coldwell Banker Realty
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310-467-5906
Listed by Lily Laadan Vosough
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License #02029432
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Coldwell Banker Realty
Last updated March 04, 2026
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Source: CRMLS #26647153
Listing Facts
TypeMulti-family
NeighborhoodCentral Hollywood
Bedrooms4
Days on Prevu41
Size3,424 sqft
Price per sqft$507
Amenities
Dishwasher
Location
Mortgage Calculator
Listing History
03/05/2026
Price Decreased
$1,735,000
02/28/2026
Price Decreased
$1,795,000
02/03/2026
Listed by Coldwell Banker Realty
$1,895,000
Property Details for 1347 N Mansfield Avenue
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 4
Year Built: 1931
Features
View: City Lights, Courtyard
Measurements
Building Area Total: 3,424
Lot Size Acres: 0.12
Lot Size Area: 5,231
Lot Size Square Feet: 5,231
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 4.5
Gross Income: $122,400.00
Taxes
Parcel Number: 5548023041
Interior
Features
Appliances: Built-In, Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Measurements
Living Area: 3,424
Rooms
Bathrooms Total Integer: 4
Bedrooms Total: 4
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Common Area
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There are 4 bedrooms in this multi-family home at 1347 N Mansfield Avenue.
How does 1347 N Mansfield Avenue compare to other multi-family homes in Central Hollywood?
This multi-family home is listed 33% below the average price for multi-family homes in Central Hollywood and has been on the market for 59 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,424 sqft.
1347 N Mansfield Avenue is a 4-bedroom multi-family home for sale in Los Angeles CA 90028. Available on Prevu for 41 days at $1,735,000. This includes a recent price decrease of $60,000. This residence features 3,424 square feet of living space, located in Central Hollywood. The median listing price for multi-family homes in this area is $1,325,000. Additional amenities include dishwasher. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.