$1,750,000
8 Bed
4 Bath
5,576
0.16 Acre Lot

154 S Manhattan Place, Los Angeles, California 90004

  • Residential Income Property Type
  • 5,576 Square Footage
  • None Cars Garage
  • 1922 Year Built
Property Description

PRIME INVESTMENT OPPORTUNITY IN KOREATOWN/HANCOCK PARK ADJACENT AREA! Exceptional 4-unit property located in one of Los Angeles’ most desirable and rapidly appreciating neighborhoods. This well-maintained building offers a perfect blend of stable income and potential upside in a location that continues to see strong rental demand. PROPERTY HIGHLIGHTS: *Four spacious units with functional floor plans enogh to convert all 3 bd 2 ba *Prime location near Larchmont Village, Hancock Park, and Koreatown *Minutes to downtown LA, Hollywood, and major employment centers *Close proximity to Metro stations for convenient city access *Walking distance to popular restaurants, cafes, and boutique shops *Nearby attractions include The Grove, LACMA, and Paramount Studios. INVESTMENT ADVANTAGES: *Strong rental market with high occupancy rates in the area *Potential for value-add improvements to increase ROI *Multi-unit property in a neighborhood with limited new development *Favorable rent-to-price ratio compared to similar Los Angeles submarkets opportunity to capitalize on Los Angeles’ persistent housing shortage. This property represents a rare opportunity to acquire a multi-unit building in an established Los Angeles neighborhood with exceptional growth potential. Perfect for investors seeking stable cash flow with appreciation upside in one of Southern California’s most resilient real estate markets. Schedule your private showing today!

Basic Details
Residential Income
For Sale
25514425
$1,750,000
None
8
4
5,576
1922
0.16 Acre
Active
: Tile, Elastomeric
Features
: None
: Wall Furnace, Natural Gas
: Family Room
: Covered
: None
: Colonial
: Tile
: Ceiling Fan(s)
: Other
: Double Pane Windows
$0
Appliances
: Dishwasher
Address Map
CA
Los Angeles
Los Angeles
90004
Manhattan
154
Place
West
Western Ave North, then Left to W 2nd St, then Right to S Manhattan Pl, just 2nd property on the right side.
C18 - Hancock Park-Wilshire
S
LAR3
Additional Information
$0
$0
$0
$0
$0
: None
5576
: Gated
: Stucco
: Two
: Back Yard, Front Yard, Rectangular Lot
4
2025-03-27
2
2
Broker/Agent Information
New Star Realty
David Kim
Listing Information
CLW-X89724
CLW-X70796
Cash, Conventional
Active
2025-04-10T19:03:33Z
CRMLS
: Standard
2025-03-27T00:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069