154 S Manhattan Pl Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,576 sqft
Price per Sqft $313
MLS Listing ID 25514425
Style Colonial
Bedrooms 8
Construction Status Updated/Remodeled
Year Built 1922
Lot Size 7,173 Sqft
Acres 0.1647
Property Sub-Type Multi-Family
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 Hancock Park-Wilshire
Zoning LAR3
Rooms
Family Room 1
Other Rooms None
Dining Room 0
Interior
Heating Wall, Natural Gas
Cooling Room Refrig Air, Air Conditioning
Flooring Cement, Tile
Fireplaces Type Family Room
Equipment Ceiling Fan, Gas Dryer Hookup, Range/Oven, Dishwasher
Laundry In Unit
Exterior
Parking Features None
Garage Spaces 8.0
Pool None
Waterfront Description None
View Y/N No
View None
Roof Type Elastomeric, Tile
Handicap Access None
Building
Lot Description Front Yard, Fenced Yard, Fenced, Exterior Security Lights, Back Yard, Automatic Gate, Alley Paved, Lot Shape-Rectangular, Sidewalks, Single Lot, Street Paved, Gutters
Story 2
Foundation None
Sewer In Street
Water Water District
Architectural Style Colonial
Level or Stories Two
Structure Type Stucco
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard