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For sale
  • $1,750,000

    154 S Manhattan Pl, Los Angeles, CA 90004

    8beds
    4baths
    5,576sqft
    : 
    Multi Family
    Built in 1922
    -- sqft lot
    $1,719,300 Zestimate®
    $314/sqft
    $-- HOA

    What's special

    Functional floor plans
    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!
    80 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 04:26am

    Listed by:

    David Kim DRE # 01731385 661-477-7974,

    New Star Realty 213-385-4989

    Source: CLAW,MLS#: 25514425MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Rooms
    • Room types: Breakfast Area, Family Room
    Heating
    • Wall, Natural Gas
    Cooling
    • Room Refrig Air, Air Conditioning
    Appliances
    • Included: Free Standing Gas, Range/Oven, Dishwasher, Gas Water Heater, Water Heater Unit
    • Laundry: In Unit, Gas Dryer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Cement, Tile
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 5,576
    • Total interior livable area: 5,576 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: None
    • Uncovered spaces: 8
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Ground Level w/steps
    • Patio & porch: Covered
    • Pool features: None
    • Spa features: None
    • Fencing: Fenced Yard,Fenced,Gate
    • Has view: Yes
    • View description: None
    • Waterfront features: None
    Lot
    • Size: 7,174.33 Square Feet
    • Features: Front Yard, Back Yard, Rectangular Lot, Sidewalks, Single Lot, Gutters, City Lot
    Details
    • Additional structures: None
    • Parcel number: 5517002018
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: None
    • Roof: Elastomeric,Tile
    Condition
    • Updated/Remodeled
    • Year built: 1922

    Utilities & green energy

    • Electric: 220 Volt Location (In Kitchen)
    • Sewer: In Street
    • Water: Water District

    Community & HOA

    Community
    • Security: Exterior Security Lights, Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights, Gated, Automatic Gate
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $314/sqft
    • Tax assessed value: $406,993
    • Annual tax amount: $5,712
    • Date on market: 3/28/2025
    • Tenant pays: Electricity, Gas
    • Road surface type: Alley Paved, Paved
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