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!
Property Details
Price:
$1,750,000
MLS #:
25514425
Status:
Active
Baths:
0
Address:
154 S Manhattan Place
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Mar 27, 2025
State:
CA
ZIP:
90004
Lot Size:
7,173 sqft / 0.16 acres (approx)
Year Built:
1922
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Schools
Interior
Accessibility Features
None
Appliances
Dishwasher
Fireplace Features
Family Room
Flooring
Tile
Heating
Wall Furnace, Natural Gas
Interior Features
Ceiling Fan(s)
Window Features
Double Pane Windows
Exterior
Lot Features
Front Yard, Back Yard, Rectangular Lot
Parking Features
None
Parking Spots
8.00
Pool Features
None
Roof
Elastomeric, Tile
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community, Automatic Gate
Sewer
Other
Spa Features
None
Stories Total
2
View
None
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address154 S Manhattan Place Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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154 S Manhattan Place
Los Angeles, CA
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