Prime investment opportunity in the sought-after Koreatown/Hancock Park adjacent area! This exceptional four-unit property is located in one of Los Angeles’ most desirable and rapidly appreciating neighborhoods, offering the perfect combination of stable income and long-term growth potential. Each of the four spacious units features functional floor plans, with the possibility of converting into three-bedroom, two-bath layouts. The property is ideally situated near Larchmont Village, Hancock Park, and Koreatown, and just minutes from Downtown LA, Hollywood, and major employment hubs. Residents will appreciate the convenience of nearby Metro stations, along with easy access to popular restaurants, cafes, and boutique shops. Iconic attractions such as The Grove, LACMA, and Paramount Studios are also close at hand. This property offers strong rental demand with consistently high occupancy rates, along with the potential for value-add improvements to further boost ROI. With limited new development in the area and a favorable rent-to-price ratio compared to other Los Angeles submarkets, investors have the opportunity to capitalize on the city’s ongoing housing shortage. Perfect for investors seeking a great opportunity as all 4 units are delivered vacant, rarely does a multi-unit property with such upside potential come to market in an established neighborhood. Schedule your private showing today!
Property Details
Price:
$1,799,000
MLS #:
PW25226051
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
hpk
Listed Date:
Oct 15, 2025
Total Sq Ft:
5,576
Lot Size:
7,171 sqft / 0.16 acres (approx)
Year Built:
1922
See this Listing
Schools
Interior
Cooling
NO
Heating
SP
Laundry Features
GAS, WH
Exterior
Community Features
SDW
Parking Spots
8
Financial
Map
Community
- Address154 S Manhattan PL Lot 5 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
- Beachwood Canyon Estates
- Crestmont lot
- Harvard Heights
- Jefferson Park
- Las Collinas Heights
- Legendary Place
- Little Tokyo Lofts
- Lot Number 107, 108 DONOHUE TRACT
- Not Applicable-105
- Not in Development
- Picfair Village
- Sol Hollywood
- Studio 10
- The Diplomat
- The Heights at Ponte Vista
- The Hollywood
- West Adams
- West Hollywood West
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 27, 2025
1,893
Single Family Listed
70
Avg DOM
1,069
Avg $ / SqFt
$1,805,536
Avg List Price
Property Summary
- 154 S Manhattan PL Lot 5 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $1,799,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1922. The average price per square foot for Single Family listings in Los Angeles is $1,069. The average listing price for Single Family in Los Angeles is $1,805,536.
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154 S Manhattan PL Lot 5
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