Acquired in September 2019, 744 S Mansfield was largely vacant and in need of both structural and cosmetic renovations at the time of purchase. This charming 5 unit property boasts a historic appearance and is ideally located adjacent to Hancock Park, and close to the upcoming Metro/Purple Line stop. It features an attractive mix of units, including a large townhome, studios, and one-bedroom apartments. Following extensive upgrades, the property is poised for a long term hold, particularly due to its proximity to the Purple Line. Additionally, its location in a TOC Tier 3 zone offers significant upside if the property were to be developed in the future in the form of a density bonus.

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