845 S Mansfield Ave, Los Angeles, CA 90036

Property Description

*NOW APPX 4% CAP WITH NEW PRICING* First time on the market in almost 80 years! Here's the rare opportunity to acquire a trophy Storybook English Tudor classic eight-unit apartment complex. Exquisite plaster cast ceilings, pecan paneling, exceptional original hardware remain throughout. Enjoy a magical approximately 2,000 square feet, two-story light-filled three bedrooms, two baths Primary Unit' featuring a pitched high ceiling and pecan paneling that is fully renovated with attention to detail. An ideal home for owner users who are blessed with mesmerizing sunsets and tranquil views of Hills. The integrity remains in the carefully maintained building through almost a century. The seven other large one bedroom units are fully occupied by tenants mostly at market rates. Conveniently located in the Mid-Wilshire district of Miracle Mile, seconds away from LACMA, The GROVE, shops, and entertainment venues on bustling Wilshire Blvd boasting a Walk Score of 84. With Purple Line station completion just around the corner, this is one of the rarest opportunities to grab a solid property.