This Multifamily Property is no longer advertised on LoopNet.com.

1401 S Manhattan Pl
Los Angeles, CA 90019
15 Units in Koreatown · Multifamily Property For Sale · 15 Units

Investment Highlights

  • Massive $360,000 Price Reduction
  • 12.5 GRM with Remaining Upside
  • Recent Upgrades and Improvements
  • 5% Cap Rate on Existing Income
  • Great Unit Mix of One and Two-Bedrooms
  • Soft Story Parking Retrofit Completed

Property Facts

No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.30 AC
Building Size 8,675 SF
No. Stories 2
Year Built 1962
Parking Ratio 1.72/1,000 SF
Zoning LAR2

Amenities

Unit Amenities

  • Hardwood Floors

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 9 $1,321 -
2+1 6 $1,545 -

Property Taxes

Property Taxes

Parcel Number
5073-008-004
Land Assessment
$2,489,593
Improvements Assessment
$1,342,214
Total Assessment
$3,831,807
  • Listing ID: 20217344

  • Date on Market: 7/9/2020

  • Last Updated:

  • Address: 1401 S Manhattan Pl, Los Angeles, CA 90019

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