1511 S Manhattan Place

    Los Angeles (City), CA 90019
    • $3,500,000
    • STATUS: Pending
    • ON SITE: 183 days
    • ID#: 18344126
    Pending
    $3,500,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,700
      SQFT
    • $402
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    The property is a gated two story building and features 12 beds and 10 baths and another two story building which has garages for 6 cars on ground level and 4 beds and 2 bath on second floor. The property is equipped with CCTVs from driveway to backyard through the whole property. Great opportunity to own fully renovated lental income unit that can be run such as Airbnb. Very well maintained and fully remodeled building highly recommended for savvy investors. Total lot size is 13,150 SF while the building size is 8,700 SF (The main building is 7,150 SF and 2nd building is 1,550 SF). Total of 20 gated parking spaces. (please contact me for further information).

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. 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. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/83757918

    1511 S Manhattan Place Los Angeles (City), CA 90019

    • Price: $3,500,000
    • Status: Pending
    • ID#: 18344126
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    8,700
    SQFT
    $402
    $/SQFT
    1904
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    The property is a gated two story building and features 12 beds and 10 baths and another two story building which has garages for 6 cars on ground level and 4 beds and 2 bath on second floor. The property is equipped with CCTVs from driveway to backyard through the whole property. Great opportunity to own fully renovated lental income unit that can be run such as Airbnb. Very well maintained and fully remodeled building highly recommended for savvy investors. Total lot size is 13,150 SF while the building size is 8,700 SF (The main building is 7,150 SF and 2nd building is 1,550 SF). Total of 20 gated parking spaces. (please contact me for further information).
    Exterior Features

    Exterior Features Tv Antenna Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Cooling Central Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 10.60 Gross Multiplier 8.10 Gross Operating Income 480000.00 Improvements Amount 744875 Land Value 681394 Laundry YN Yes Net Operating Income 416000.00 Special Listing Conditions Standard Total Expenses 64000.00 Utilities Cable Available Zoning Lar2

    Listing provided courtesy of Sung Oh of New Star Realty and Jenny Nam of New Star Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T00:31:45.633. 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. Licensed in the State of California, USA.
     
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