5722 S Manhattan Place Los Angeles, CA ^$ 1,239,000

5722 S Manhattan Place

^$ 1,239,000

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5722 S Manhattan Place

Los Angeles, CA, 90062

^$ 1,239,000

Bedrooms6 Baths6.0 Sq 3,000

Monthly Estimate*

^$ 8,655

Listed by Compass

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Multi-Family Home for sale in Los Angeles, CA

for $1,239,000 with 6 bedrooms and 6 full baths. This 3,000 square foot home was built in 1923 on a lot size of 0.1368.

Investors + Owner Occupants, you won't find a turnkey triplex like this anywhere else in LA! Three fully updated 2 bedroom/2 bathroom units with a South LA location that offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. Wide plank flooring, fully renovated kitchens and bathrooms and income potential! Two units are already FULLY vacant. The ADU in the back is brand new with central HVAC and has never been occupied. Live in one unit, rent the others, or make this the investment property of your dreams. This triplex offers versatility, access to freeways, universities and transportation, ensuring consistent demand and high occupancy rates. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this one's a true gem. Don't let this one slip away.

Multi-Family Active

Price

^$ 1,239,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Spanish

Lot Size

0.1368

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24347891

Days on Market

120

Features

General

Heating Central WallFurnace

Cooling None

Appliances Dishwasher Microwave Oven Range

Zoning LAR2

Garage Spaces 0.0

Architectural Style Spanish

Pool Features None

Year Built 1923

Tenant Pays Electricity Gas Water

Stories 1

Levels One

Gross Income 104400.0

County Los Angeles

Net Operating Income 97811.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Facing Direction West

Garage Y/N N

Special Listing Conditions Standard

Status ActiveUnderContract

Directions North of Slauson South of Vernon East of Arlington West of Western

City Los Angeles

View Y/N N

Senior Community Y/N N

Open Parking Spaces 5.0

Total Units 3

MLS Area PHHT - Park Hills Heights

Lot Size Square Feet 5958.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 1

Street Name Manhattan

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Property Condition UpdatedRemodeled

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 83

Standard Status ActiveUnderContract

Occupancy Description Tenant

Cap Rate 7.36

Interior

Flooring Laminate Tile

Fireplace Features None

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Place

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 6

Exterior

Parking Features Driveway

Water Source Public

Total Parking 5.0

Lot Size Area 5958.0

Number of Buildings 2

Spa N

Building Area Total 3000.0

Lot Size Acres 0.1368

Lot Size Units SquareFeet

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 5722

* Excluded Features

List By

Compass

Broker

(323) 241-9786

Phone

Affordability Calculator

$8,655

Per Month

Monthly Principal & Interest: $8,655
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 60%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/17/2024	$1,239,000		Listed Price

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5722 S Manhattan Place, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $1,239,000 with 3,000 sqft and a lot size of 0.1368. 5722 S Manhattan Place has 6 bedrooms, 6.0 baths, and was built in 1923. The property's zip code is 90062 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5722 S Manhattan Place

Multi-Family Home for sale in Los Angeles, CA

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