$ 1,850,000
-
$1,850,000
Price -
12
Bed -
9
Bath -
5,204
SqFt
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About the Listing DWPJH - DWLEEANN,PWBAIKETH
Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
Listing Highlights
Status
Active
Days on Site
29
Property Type
Multi-Family
MLS ®
DW26085689
Year Built
1921
Total Square Footage
5,204
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 12
- Bathrooms: 9 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Level,Paved,Rectangular Lot,No Land Lease
- Garage Capacity: 8 car
- Parking Spaces: 8
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5516025024
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
139 S Manhattan Los Angeles, CA 90004
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