Los Angeles, CA 90062,5507 S Manhattan Place
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Los Angeles, CA 90062,5507 S Manhattan Place
Los Angeles, CA 90062,5507 S Manhattan Place
Los Angeles, CA 90062,5507 S Manhattan Place
Los Angeles, CA 90062,5507 S Manhattan Place
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$ 1,699,999
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5507 S Manhattan Place Los Angeles, CA 90062

12 Beds

8 Baths

4,236 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,236 sqft

Price per Sqft $401

MLS Listing ID BB25100061

Bedrooms 12

Full Baths 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 2024

Lot Size 6,054 Sqft

Property Sub-Type Duplex

Property Description

Calling all investors … Don't miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built and one beautifully updated Spanish classic. The rear duplex, built in 2024, offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems.
The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities.
Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA's most dynamic and evolving neighborhoods.
Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Rooms

Main Level Bedrooms 8

Interior

Heating Central, Ductless

Cooling Central Air, Ductless

Flooring Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Tankless Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Exterior Feature Brick Driveway

Fence Chain Link, Wood

Pool None

Community Features Curbs, Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Shingle

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Duplex

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5505025026

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Freddie Mac

Green/Energy Cert Solar

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Freddie Mac

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Brenda Hailey • eXp Realty of Greater Los Angeles, Inc. • 310-266-9890
agent

Otay Ranch REALTORs

Agent | License ID: 01951113 01800826

+1(619) 417-6764

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5507 S Manhattan Place