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Los Angeles, CA 90062 5722 S Manhattan Place

$1,239,000

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Presented By: Karlyn Nelson with Compass;
  • MLS# 24347891
  • 01/17/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 6
  • FootageSQFT • 3,000

Home Details

Investors + Owner Occupants, you won't find a turnkey triplex like this anywhere else in LA! Three fully updated 2 bedroom/2 bathroom units with a South LA location that offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. Wide plank flooring, fully renovated kitchens and bathrooms and income potential! Two units are already FULLY vacant. The ADU in the back is brand new with central HVAC and has never been occupied. Live in one unit, rent the others, or make this the investment property of your dreams. This triplex offers versatility, access to freeways, universities and transportation, ensuring consistent demand and high occupancy rates. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this one's a true gem. Don't let this one slip away.
Presented By: Karlyn Nelson with Compass;

Interior Features for 5722 S Manhattan Place

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceMeasured
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Street SuffixPlace
Total Stories

General for 5722 S Manhattan Place

Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Oven, Range
Architectural StyleSpanish
Attached Garage No
Cap Rate7.36
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market83
DirectionsNorth of Slauson, South of Vernon, East of Arlington, West of Western
Facing DirectionWest
Garage Spaces0.0
Garage Y/NNo
Gross Income104400.0
HOA / Comm AssnNo
HeatingCentral, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5958.0
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income97811.0
New ConstructionNo
Number of Units Leased1
Occupancy DescriptionTenant
Open Parking Spaces5.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Street NameManhattan
Tenant PaysElectricity, Gas, Water
Total Units3
View Y/NNo
Waterfront Y/NNo
Year Built1923
ZoningLAR2

Exterior for 5722 S Manhattan Place

Building Area Total3000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1368
Lot Size Area5958.0
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking5.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,239,000
MLS#24347891
List Date 01/17/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors