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$1,750,000

Beds
8
sq ft
5,576

154 S Manhattan Pl, Los Angeles, CA 90004

154 S Manhattan Pl

Los Angeles, CA 90004

  • 3 days on market
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!

Details

Property type

Property condition

Updated/Remodeled

Lot size

7,173 sq ft

Price per sq ft

$314

Year built

1922

HOA

No

Price History

03/27/2025
CLAW

CLAW #25514425

Listed
$1,750,000
+13.27%
01/15/2025
CRMLS

CRMLS #PW24215356

Sold
$1,545,000
+28.75%
11/11/2024
CRMLS

CRMLS #PW24215356

Pending
$1,200,000

Schools & Community

Neighborhood: 

Mid Wilshire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 03/31/2025 at 7:15 AM

Listing updated: 03/28/2025 at 12:36 PM

Listed by: David Kim, New Star Realty Phone #: (213) 385-4989

MLS: CLAW #25514425

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