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426 S Manhattan Pl
Los Angeles, CA 90020
Manhattan III · Multifamily Property For Sale
·
40 Units
Investment Highlights
- Owned by same family for 49 years but never renovated
- Competitively priced at $170,000 per unit* and $245 per foot
- Opportunity to renovate basement to add fitness center, storage units, and bike lockers
- 40-Unit* classic 1928 build located in the best location of Koreatown near major employers
- Top floor features sweeping views of Downtown LA, Griffith Park, and the Hollywood Hills
- Residents benefit from amenities including tile floors in units, a controlled access building, and on site laundry facilities
Property Facts
| No. Units | 40 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 24,120 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1928 |
| Building Class | C | ||
| Zoning | R4-2, Los Angeles | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 24,120 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | R4-2, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Bay Window
- Ceiling Fans
- Tile Floors
- High Speed Internet Access
- Satellite TV
- Carpet
- Deck
- Patio
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- Controlled Access
- Laundry Facilities
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 5503-015-016 | Improvements Assessment | $2,069,355 |
| Land Assessment | $4,828,496 | Total Assessment | $6,897,851 |
Property Taxes
Parcel Number
5503-015-016
Land Assessment
$4,828,496
Improvements Assessment
$2,069,355
Total Assessment
$6,897,851
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