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139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
139 S Manhattan
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Listed by Annie Lee with Premier Realty [email protected]
$1,850,000

139 S Manhattan

5,204 Sq.Ft. 6,637 Sq.Ft.

Description

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.

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Location

139 S Manhattan, Los Angeles, CA 90004

Status

For Sale
Annie Lee

Annie Lee

TITLE

Realtor

LICENSE

01968283

Ethan Baik

Ethan Baik

TITLE

CEO I Broker Associate

LICENSE

01927947

Property Amenities

Interior
Laundry room Inside
Area & Lot
Total area 5,204 Sq.Ft.
Lot Area 6,637 Sq.Ft.
Living area 5,204 Sq.Ft.
MLS® ID DW26085689
Year Built 1921
View Description City Lights
Type Multi-Family
Status For Sale
Exterior
Stories 2
Pool None
Air conditioning Wall/Window Unit(s)
Water Source Public
Garage Space 8.0
Sewer Public Sewer
Lot Features Level, Paved, Rectangular Lot
Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Finance
Sales Price $1,850,000
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Thank you for your interest in 139 S Manhattan, Los Angeles, CA 90004. We are reviewing your request and will be in touch shortly!

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