1810 S Manhattan Place
Los Angeles, CA, 90019
$1,250,000
Beds
0 Baths
SqFt
0.15 Acres
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This 5 unit apartment building built in 1923 has over 25% rental upside and is unique in unit mix offering 4 two bedroom units, and 1 one bedroom unit within4,700 of building square feet. Additionally there are 5 parking spaces. Conveniently located in Korea town the units are separately metered for gas and electricity. There is an attractive assumable loan with Chase Bank with a loan amount of approx. $570,000 and an interest rate of 3.49% fixed until May 2026. To create additional long term income, the Seller has started the process of obtaining permits to build a 3 bedroom ADU in the rear building with a separate entrance to each bedroom creating a co-living unit.

Property Details

Price:
$1,250,000
MLS #:
25478403
Status:
Active
Baths:
0
Address:
1810 S Manhattan Place
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Jan 10, 2025
State:
CA
ZIP:
90019
Lot Size:
6,630 sqft / 0.15 acres (approx)
Year Built:
1923
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Parking Spots
5.00
Stories Total
2

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1810 S Manhattan Place
Los Angeles, CA