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$1,190,000
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Property 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.
Full Property Details
Full Property Details for 7148 Marshfield
General
- Price: $1,190,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SB26038611
- Updated: 2/21/2026
- Days on Market: 46 days
- Added to Site: 46 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Dryer Included, Washer Included
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: Corner of Hollywood and La Brea
School Information
- School District: Los Angeles Unified
Community
- Community Features: Urban
Heating & Cooling
- Cooling Type: Ductless
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,236
- Sq. Ft. Source: Assessor
- Year Built: 1916
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.103
- Lot Size (Sq. Ft.): 4,486
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $962.78
Disclosures and Reports
- Special Conditions: Standard
Listed by West Shores Realty, Inc., Joshua Gibson
Get Pre-Approved Today
Schools
Schools serving 7148 Marshfield
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gardner Street Elementary School 7450 Hawthorn Avenue, Los Angeles, CA 90046 | PK-5 | 0.3 mi |
Hubert Howe Bancroft Middle School 929 North Las Palmas Avenue, Los Angeles, CA 90038 | 6-8 | 1 mi |
Hollywood Senior High School 1521 Highland Avenue, Los Angeles, CA 90028 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7148 Marshfield
Date
Details
Price
Change
Source
2/20/2026
Listed
$1,190,000
88.89%
MLS
8/27/2024
Sold
$630,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7148 Marshfield
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,710
-3%
$630,000
865%
2024
$7,927
701%
$65,309
2%
2023
$990
4%
$64,029
2%
2022
$953
2%
$62,774
2%
2021
$932
-1%
$61,544
1%
2020
$938
3%
$60,914
2%
2019
$908
8%
$59,720
2%
2018
$840
2%
$58,550
2%
2017
$825
4%
$57,403
2%
2016
$792
1%
$56,278
2%
2015
$782
-2%
$55,434
2%
2014
$796
1%
$54,349
—
2013
$790
—
$54,104
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7148 Marshfield
7148 Marshfield, Los Angeles, CA 90046 (MLS# SB26038611) is a Single Family property with 2 bedrooms and 1 full bathroom. 7148 Marshfield is currently listed for $1,190,000 and was received on February 20, 2026. Want to learn more about 7148 Marshfield? Do you have questions about finding other Single Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.

