7148 Marshfield, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 1 bath
7148 Marshfield
Los Angeles, California 90046
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite the 1916 build date, the property has undergone an extensive and stylish renovation by Gibson House. The interior features a modern kitchen with stainless steel appliances, shaker cabinetry, and subway tile backsplashes. The bathroom is fully updated with contemporary hex-tile flooring and fixtures. With refinished hardwood floors, updated lighting, and a well-maintained exterior, the property shows no signs of deferred maintenance and meets modern quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multifamily Development Potential
The R3-1 zoning provides a rare opportunity for high-density redevelopment, allowing for the construction of multiple units in a supply-constrained Hollywood market.
- Immediate Rental Income
The property is currently tenant-occupied, offering investors immediate cash flow to offset carrying costs while navigating the permitting or planning process.
- Prime Hollywood Location
Situated in the desirable 90046 zip code, the property benefits from high demand due to its proximity to major entertainment hubs, dining, and employment centers.
CONSRISKS & DEFICIENCIES
- Significant Age
Built in 1916, the existing structure likely faces deferred maintenance and outdated systems, which may necessitate a full teardown or costly modernization.
- Occupancy Constraints
Tenant occupancy and 'do not disturb' restrictions can complicate the due diligence process, property inspections, and the timeline for vacant possession.
About 7148 Marshfield
R3-1 Zoned | Income in Place | Multifamily Upside 7148 Marshfield Way presents a rare opportunity to acquire an income-producing property with R3-1 multifamily zoning. The home is currently tenant-occupied, providing immediate rental income while offering long-term redevelopment potential. Interiors by Gibson House. R3 zoning allows for multifamily construction (buyer to verify density, setbacks, and development standards), creating multiple strategic options: hold for cash flow, add units where permissible, or redevelop to maximize land value. Investor and developer ready — properties combining in-place income with true density upside are increasingly scarce. Tenant occupied. Do not disturb.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1916
- Lot Size
- 4,486 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 3.0 | 7% |
| Square foot | 1,236 | 2,312 | 9% |
| Lot Size | 4,486 | 7,552 | 10% |
| Price | $1.19M | $2.27M | 11% |
| Price per sq ft | $963 | $954 | 51% |
| Built year | 1916 | 1958 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 168 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,190,000
Initial Listing
Sold
Sep 17, 2024
$630,000
Public Record