5507 S Manhattan Place Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90062
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 4,236 sqft
Price per Sqft $401
MLS Listing ID BB25100061
Style Townhome
Bedrooms 12
Full Baths 8
Year Built 2024
Lot Size 6,055 Sqft
Property Sub-Type Townhome
Property Description
Calling all investors Dont 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 and one beautifully updated Spanish classic. The rear duplex, built in 2024, 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 LAs 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.
Calling all investors Dont 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 and one beautifully updated Spanish classic. The rear duplex, built in 2024, 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 LAs 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.
Location
State CA
County Los Angeles
Area Los Angeles (90062)
Interior
Cooling Central Forced Air
Flooring Linoleum/Vinyl,Tile
Equipment Solar Panels,N/K
Laundry Inside
Exterior
Exterior Feature Stucco
Fence Redwood,Chain Link
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Roof Type Shingle
Building
Lot Description Curbs,Sidewalks
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional,Exchange,FHA
Listing Terms Cash,Conventional,Exchange,FHA
Special Listing Condition Standard