7148 Marshfield
Los Angeles, CA, 90046
$1,190,000
MLS: SB26038611
Beds
2
Baths
1
Sq Ft
1,236
Lot
0.10 ac
Year Built
1916
MLS #
SB26038611
Days on Market
1
Listed
Feb 20, 2026
Description
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.
Location
Los Angeles, Los Angeles County, CA 90046
Open on Google Maps ↗Listed by: Joshua Gibson · West Shores Realty, Inc.
Payment estimate
$8,566
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $119,000 · Loan: $1,071,000
- Principal & Interest
- $6,580
- Property tax (1.25%)
- $1,240
- Homeowners insurance
- $300
- Mortgage insurance
- $446
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $41,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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