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5715 S Manhattan Place

Los Angeles (City), CA 90062
  • $799,000
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 23291107
$799,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,768
    SQFT
  • $452
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Karlyn Nelson of Compass (310-230-5478) and Lacy Register of Compass(310-230-5478)


Description

Fantastic Investment Opportunity in a prime South LA location! Welcome to this impressive duplex that promises amazing potential for investors or owner occupants. Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park and with easy access to the 110 FWY and Inglewood, this property offers convenience and additional income streams. One unit is newly renovated and will be delivered fully vacant, making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This property sits on an expansive lot, providing ample space for future development. The seller will include plans to build two additional 2 bed/2 bath units, opening up possibilities for even greater income potential. With its prime location and supplemental rental potential, this investment property is a rare find that savvy investors won't want to miss. Whether you're looking to expand your real estate portfolio or explore new income opportunities, this property offers a solid foundation for success. NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5419 S St. Andrews Pl, 5166 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-30T00:31:05.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142574374
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5715 S Manhattan Place Los Angeles (City), CA 90062

  • Price: $799,000
  • Status: Active
  • On Site: 42 Days
  • MLS #: 23291107
4
Beds
0
Baths
0
½ Baths
0.14
Acres
1,768
SQFT
$452
$/SQFT
1923
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
Fantastic Investment Opportunity in a prime South LA location! Welcome to this impressive duplex that promises amazing potential for investors or owner occupants. Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park and with easy access to the 110 FWY and Inglewood, this property offers convenience and additional income streams. One unit is newly renovated and will be delivered fully vacant, making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This property sits on an expansive lot, providing ample space for future development. The seller will include plans to build two additional 2 bed/2 bath units, opening up possibilities for even greater income potential. With its prime location and supplemental rental potential, this investment property is a rare find that savvy investors won't want to miss. Whether you're looking to expand your real estate portfolio or explore new income opportunities, this property offers a solid foundation for success. NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5419 S St. Andrews Pl, 5166 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.
Exterior Features

Direction Faces East Open Parking Spaces 4 Parking Features GatedUncovered Parking Total 4

Interior Features

Appliances DishwasherMicrowaveOvenRange Cooling None Cooling YN No Fireplace Features Decorative Fireplace YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 40752 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 32618 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 1 Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-30T00:31:05.86. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Karlyn Nelson of Compass (310-230-5478) and Lacy Register of Compass(310-230-5478)