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Investment Highlights

  • Beautiful 4-unit Spanish building in Hancock Park Adjacent area.
  • Prime central location near museums, dining, and major employment centers
  • 6,862 SF building on an 8,334 SF R3 lot
  • 4 units leased with newer professional tenants. Stable in-place income Strong rental demand and market-rate upside potential. with all newer tenants
  • Large 2BD/2BA floor plans with classic architectural details
  • 1928 character construction with desirable amenities

Executive Summary

Beautiful Spanish Mediterranean Quadruplex in the Hancock Park Area. First time on the market in over a decade, this beautiful property presents a rare opportunity to acquire a high-performing 4-unit multifamily property with high in-place income and timeless architectural appeal. All 4 units are occupied by professional newer tenants offering an exceptional investor opportunity. All of the units are spacious and feature abundant natural light, hardwood floors, treetop/greenbelt views, patios an updated open-concept kitchen with premium finishes, in-unit laundry, central HVAC, and a private balconies. Secure garage parking included. Located on a beautiful lush tree lined street in the highly sought-after Hancock Park/Miracle Mile corridor, the property offers close proximity to museums, dining, shopping, and major transit. A rare blend of charm, stability, and long-term upside in one of Los Angeles' most desirable neighborhoods.. Ideal for long term owner-investor seeking a centrally located character asset. Standard Sale Virtual Tour:
https://www.themls.com/properties/vt/CA/Los-Angeles/942-S-Mansfield-Ave/Residential-Income/26649695

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $220,921 $32.19
Other Income - -
Vacancy Loss - -
Effective Gross Income $220,921 $32.19
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $220,921
Annual Per SF $32.19
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $220,921
Annual Per SF $32.19
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $3,454,618 CAD
Price Per Unit $863,654 CAD
Sale Type Investment
Gross Rent Multiplier 15.51
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.19 AC
Building Size 6,862 SF
Average Occupancy 75%
No. Stories 2
Year Built 1928
Parking Ratio 0.58/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Hardwood Floors
  • Walk-In Closets
  • Breakfast Nook
  • Dining Room

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 4 $6,255 CAD -
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5084-006-008
Land Assessment
$2,607,050 CAD
Improvements Assessment
$890,207 CAD
Total Assessment
$3,497,257 CAD
  • Listing ID: 39406977

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 942 S Mansfield Ave, Los Angeles, CA 90036

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