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!
For sale
$1,750,000
154 S Manhattan Pl, Los Angeles, CA 90004
8beds
4baths
5,576sqft
Est.:
Multi Family
Built in 1922
-- sqft lot
$1,719,300 Zestimate®
$314/sqft
$-- HOA
What's special
Functional floor plans
- 80 days
- on Zillow |
- 161 |
- 9 |
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#: 25514425

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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