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    314 S Manhattan Place

    Los Angeles (City), CA 90020
    • $4,800,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: WS20245723
    UPDATED: 13 min ago
    $4,800,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,418
      SQFT
    • $420
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Wonderful investment opportunity in a great location! This very well maintained apartment consists of 16 units, all units except 2 are 1 bedroom, 1 bath. The other 2 units are 2 bedrooms, 2 bath. Street facing units have large balconies. Gated parking and laundry room. Conveniently located near restaurants, coffee shops, banks, shopping, grocery stores, gas station, Metro Line, and schools. Property will be delivered occupied with existing tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T22:27:44.62. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

    www.mainstreetgroup.com/homes/112200323
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    314 S Manhattan Place Los Angeles (City), CA 90020

    • Price: $4,800,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: WS20245723
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    11,418
    SQFT
    $420
    $/SQFT
    1987
    Built
    Neighborhood:
    HPK - Hancock Park
    County:
    Los Angeles
    Area:
    HPK - Hancock Park
    Property Description
    Wonderful investment opportunity in a great location! This very well maintained apartment consists of 16 units, all units except 2 are 1 bedroom, 1 bath. The other 2 units are 2 bedrooms, 2 bath. Street facing units have large balconies. Gated parking and laundry room. Conveniently located near restaurants, coffee shops, banks, shopping, grocery stores, gas station, Metro Line, and schools. Property will be delivered occupied with existing tenants.
    Exterior Features

    Garage Spaces 22.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 22.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Forced Air Heating YN Yes Laundry Features Common AreaCommunity Levels Three Or More

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features SidewalksStreet Lights Country Us Electric Expense 4320.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 283020.00 Gross Scheduled Income 291720.00 Insurance Expense 11075.00 Land Lease YN No Laundry Income 3000.00 Laundry YN Yes Net Operating Income 210177.00 New Construction YN No New Taxes Expense 22048.00 Number Of Separate Electric Meters 17 Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 81543.00 Professional Management Expense 22500.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Total Expenses 81543.00 Trash Expense 432.00 Water Sewer Expense 21168.00 Water Source Public Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Crystal Lui of Resound Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T22:27:44.62. 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 deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.

     
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