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.
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
Price:
$1,190,000
MLS #:
SB26038611
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c20hollywood
Listed Date:
Feb 20, 2026
Finished Sq Ft:
1,236
Lot Size:
4,486 sqft / 0.10 acres (approx)
Year Built:
1916
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
DUC
Laundry Features
DINC, WINC
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
NCW
Community Features
URB
View
NO
Financial
Map
Community
- Address7148 Marshfield Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90046
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 05, 2026
7,013
Single Family Listed
85
Avg DOM
431
Avg $ / SqFt
$1,662,731
Avg List Price
Property Summary
- 7148 Marshfield Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90046. It is listed for $1,190,000 and features 2 beds, 1 baths, and has approximately 1,236 square feet of living space, and was originally constructed in 1916. The current price per square foot is $963. The average price per square foot for Single Family listings in Los Angeles is $431. The average listing price for Single Family in Los Angeles is $1,662,731.
Similar Listings Nearby
Courtesy of West Shores Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.7148 Marshfield
Los Angeles, CA