$1,750,000
154 Manhattan Place, Los Angeles 90004
8
Beds
4
Baths
5,576
Square feet
7,173
Lot Size
4
# Of Units
Listing Agent
David Kim - New Star RealtyPRIME 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!
Facts & Features
| MLS® # | 25514425 |
|---|---|
| Price | $1,750,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 5,576 |
| Lot Size | 7,173 |
| Year Built | 1922 |
| Type | Residential Income |
| Style | Colonial |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 154 Manhattan Place |
|---|---|
| Area | C18 - Hancock Park-Wilshire |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90004 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | None |
| Garages | None |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Ceiling Fan(s) |
| Appliances | Dishwasher |
| Heating | Natural Gas, Wall Furnace |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Family Room |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Back Yard, Front Yard, Rectangular Lot |
| Windows | Double Pane Windows |
| Roof | Tile, Elastomeric |
| Construction | Stucco |
Additional Information
| Date Listed | March 27th, 2025 |
|---|---|
| Days on Market | 30 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | David Kim |
|---|---|
| Office | New Star Realty |