154 S Manhattan PL new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,576 sqft
Price per Sqft $313
MLS Listing ID 25514425
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1922
Lot Size 7,174 Sqft
Property Description
PRIME INVESTMENT OPPORTUNITY IN KOREATOWN/HANCOCK PARK ADJACENT AREA! Exceptional 4-unit property located in one of Los Angeles' most desirable and rapidly appreciating neighborhoods. This well-maintained building offers a perfect blend of stable income and potential upside in a location that continues to see strong rental demand. PROPERTY HIGHLIGHTS: *Four spacious units with functional floor plans enogh to convert all 3 bd 2 ba *Prime location near Larchmont Village, Hancock Park, and Koreatown *Minutes to downtown LA, Hollywood, and major employment centers *Close proximity to Metro stations for convenient city access *Walking distance to popular restaurants, cafes, and boutique shops *Nearby attractions include The Grove, LACMA, and Paramount Studios. INVESTMENT ADVANTAGES: *Strong rental market with high occupancy rates in the area *Potential for value-add improvements to increase ROI *Multi-unit property in a neighborhood with limited new development *Favorable rent-to-price ratio compared to similar Los Angeles submarkets opportunity to capitalize on Los Angeles' persistent housing shortage. This property represents a rare opportunity to acquire a multi-unit building in an established Los Angeles neighborhood with exceptional growth potential. Perfect for investors seeking stable cash flow with appreciation upside in one of Southern California's most resilient real estate markets. Schedule your private showing today!
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Interior Features Ceiling Fan(s)
Heating Natural Gas,Wall Furnace
Flooring Tile
Fireplaces Type Family Room
Fireplace Yes
Appliance Dishwasher
Exterior
Parking Features None
Pool None
Community Features Gated
View Y/N No
View None
Roof Type Elastomeric,Tile
Accessibility None
Porch Covered
Total Parking Spaces 8
Private Pool No
Building
Lot Description Back Yard,Front Yard,Rectangular Lot
Faces West
Story 2
Entry Level Two
Sewer Other
Architectural Style Colonial
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5517002018
Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard