$1,699,999
12 Bed
8 Bath
4,236
0.14 Acre Lot

5507 South Manhattan Place, Los Angeles, California 90062

  • Residential Property Type
  • 4,236 Square Footage
  • 2024 Year Built
Property Description

Calling all investors … Don’t 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 LA’s 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.

Basic Details
Residential
For Sale
BB25100061
$1,699,999
None
12
8
4,236
2024
0.14 Acre
Active
8
1
Duplex
: Shingle
Features
: None
: Central, Ductless
: Central Air, Ductless
: Wood, Chain Link
: None
: Brick Driveway
: Tile, Vinyl
: Inside, Washer Hookup, Gas Dryer Hookup
: Public Sewer
: Electricity Connected, Sewer Connected, Water Connected
$0
Appliances
: Tankless Water Heater
Address Map
CA
Los Angeles
Los Angeles
90062
Manhattan Place
5507
W119° 41' 22.3''
N33° 59' 31.5''
West of Western Avenue / North of Slauson Avenue
PHHT - Park Hills Heights
S
Neighborhood
Los Angeles Unified
Additional Information
$0
$0
$0
$0
$0
: None
: Sidewalks, Curbs
: Stucco
1
: Slab
: Two
: 0-1 Unit/Acre
4
2025-05-05
2
2
: Public
Broker/Agent Information
eXp Realty of Greater Los Angeles, Inc.
Brenda Hailey
Listing Information
BB42597
BH5345844
Cash,Conventional,1031 Exchange,FHA,Freddie Mac
Active
2025-05-07T13:51:50Z
CRMLS
: Standard
2025-05-05T19:12:32Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069