There are multiple listings for this address:
5507 S Manhattan Place
Los Angeles, CA, 90062
$1,650,000
Beds
0 Baths
SqFt
0.14 Acres
Add
MLS #BB25162817 image #0
Calling all investors … Don’t miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built in 2024 and one beautifully updated Spanish classic. With a cap rate of 7.33% and a gross rent multiplier (GRM) of 10.7, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties available in a portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear duplex offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems. The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities. Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA’s most dynamic and evolving neighborhoods. Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.

Property Details

Price:
$1,650,000
MLS #:
BB25162817
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
phhtparkhillsheights
Listed Date:
Jul 16, 2025
Lot Size:
6,055 sqft / 0.14 acres (approx)
Year Built:
2024
Phhtparkhillsheights

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Schools

Interior

Appliances
Gas & Electric Range, Tankless Water Heater
Cooling
Central Air, Ductless
Flooring
Tile, Vinyl
Heating
Central, Ductless
Laundry Features
Gas Dryer Hookup, Inside, Washer Hookup

Exterior

Community Features
Gutters, Sidewalks
Construction Materials
Stucco
Exterior Features
Rain Gutters
Parking Spots
4.00
Roof
Shingle

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 23, 2025
1,650
Residential Income Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    5507 S Manhattan Place Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90062. It is listed for $1,650,000

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5507 S Manhattan Place
Los Angeles, CA
5507 S Manhattan Place
Los Angeles, CA, 90062
$1,650,000
12 Beds
8 Baths
4,236 SqFt
0.14 Acres
Add
MLS #BB25163912 image #0
Calling all investors … Don’t miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built in 2024 and one beautifully updated Spanish classic. With a cap rate of 7.33% and a gross rent multiplier (GRM) of 10.7, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties available in a portfolio—offering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear duplex offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems. The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities. Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA’s most dynamic and evolving neighborhoods. Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.

Property Details

Price:
$1,650,000
MLS #:
BB25163912
Status:
Active
Beds:
12
Baths:
8
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
phhtparkhillsheights
Listed Date:
Jul 16, 2025
Finished Sq Ft:
4,236
Lot Size:
6,055 sqft / 0.14 acres (approx)
Year Built:
2024
Phhtparkhillsheights

Ask a Question

See this Listing

Send
  

Schools

Interior

Appliances
Gas & Electric Range, Tankless Water Heater
Cooling
Central Air, Ductless
Flooring
Tile, Vinyl
Heating
Central, Ductless
Laundry Features
Gas Dryer Hookup, Inside, Washer Hookup

Exterior

Community Features
Gutters, Sidewalks
Construction Materials
Stucco
Exterior Features
Rain Gutters
Parking Spots
4.00
Roof
Shingle

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 23, 2025
1,650
Single Family Listed
212
Avg DOM
$1,943,637
Avg List Price

Property Summary

    5507 S Manhattan Place Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90062. It is listed for $1,650,000 and features 12 beds, 8 baths, and has approximately 4,236 square feet of living space, and was originally constructed in 2024. The current price per square foot is $390. The average listing price for Single Family in Los Angeles is $1,943,637.

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