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    1401 S Manhattan Pl

    Los Angeles, CA 90019
    • $3,540,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 20-601842
    Price Reduced
    UPDATED: 42 min ago
    $3,540,000
    • 21
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,675
      SQFT
    • $408
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    Description

    The Manhattan Place Apartments is a 15-unit apartment building location in the Koreatown area of Los Angeles. The property has a unit mix consisting of nine apartments that are one-bedroom with one-bathroom and six apartments that are two-bedrooms with one-bathroom. There is tuck under and open parking in the rear of the property for approximately 15 vehicles. The seller recently completed the city of Los Angeles required soft story structural retrofitting.The property is of two-story wood frame and stucco construction with a central courtyard. Units are individually metered for gas and electricity. The property is within a short distance to the intersection of Pico Boulevard and Western Avenue and close the 10 freeway.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-21T21:42:36.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/107672549
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    1401 S Manhattan Pl Los Angeles, CA 90019

    • Price: $3,540,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 20-601842
    21
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    8,675
    SQFT
    $408
    $/SQFT
    1962
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    The Manhattan Place Apartments is a 15-unit apartment building location in the Koreatown area of Los Angeles. The property has a unit mix consisting of nine apartments that are one-bedroom with one-bathroom and six apartments that are two-bedrooms with one-bathroom. There is tuck under and open parking in the rear of the property for approximately 15 vehicles. The seller recently completed the city of Los Angeles required soft story structural retrofitting.The property is of two-story wood frame and stucco construction with a central courtyard. Units are individually metered for gas and electricity. The property is within a short distance to the intersection of Pico Boulevard and Western Avenue and close the 10 freeway.
    Exterior Features

    Lot Size Area 13145 Other Structures None Parking Garage Assigned Total Parking 15

    Interior Features

    Baths Total 15.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1038062 Gross Income 282332 Gross Operating Income 273862 Like Units1 9 Like Units2 6 Net Operating Income 177167.00 Number Of Buildings 1 Number Of Units 15 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 97596 Type Of Units 15 Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Brent Sprenkle DRE#01290116 of Berkadia.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-21T21:42:36.023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377