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5507 S Manhattan Pl
Los Angeles, CA 90062
The Montecito: 4-Plex | 50% NRC · Multifamily Property For Sale
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4 Units
Investment Highlights
- Priced to sell at an attractive 6.63% cap rate
- Two townhome ADUs built in 2024
- Attractive financing option
- 100% 3+2 units | 50% non-rent control
- Strong income & positive cash flow
- 2 new units equipped with solar panels
Property Facts
| No. Units | 4 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 4,076 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1923/1928 |
| Zoning | LAR2 - Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,076 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1923/1928 |
| Zoning | LAR2 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,970 | 918 |
| 3+2 | 1 | $2,950 | 918 |
| 3+2 | 1 | $3,750 | 1,200 |
| 3+2 | 1 | $3,800 | 1,200 |
Property Taxes
| Parcel Number | 5005-025-026 | Improvements Assessment | $936,315 |
| Land Assessment | $270,608 | Total Assessment | $1,206,923 |
Property Taxes
Parcel Number
5005-025-026
Land Assessment
$270,608
Improvements Assessment
$936,315
Total Assessment
$1,206,923
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