Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential.
The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time.
Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors.
A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time.
Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors.
A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
Property Details
Price:
$1,850,000
MLS #:
DW26085689
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c18hancockparkwilshire
Listed Date:
Apr 22, 2026
Total Sq Ft:
5,204
Lot Size:
6,637 sqft / 0.15 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Cooling
WW
Laundry Features
IN
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, URB
Garage Spaces
8
Parking Spots
8
Parking Total
8
View
CI
Financial
Map
Community
- Address139 S Manhattan Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 24, 2026
7,250
Single Family Listed
87
Avg DOM
427
Avg $ / SqFt
$1,675,906
Avg List Price
Property Summary
- 139 S Manhattan Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $1,850,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1921. The average price per square foot for Single Family listings in Los Angeles is $427. The average listing price for Single Family in Los Angeles is $1,675,906.
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