$1,190,000
About this home
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.
Facts & features
- Bedrooms
- 2
- Bathrooms
- 1 full
- Living area
- 1,236 sq ft
- Interior features
- All Bedrooms Down
- Appliances
- Dryer, Washer
- Fireplace
- None
- Cooling
- Ductless
- Levels
- One
- Lot size
- 0.103 acres (4,486 sq ft)
- Pool
- None
- Year built
- 1916
- Area
- C 20 - Hollywood
- County
- Los Angeles
- Community features
- Urban
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 1
- Listed
- 2026-02-20
- Terms
- Cash, Conventional, Submit
- Parcel #
- 5548008021
- MLS #
- SB26038611