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2637 S Manhattan Place

Los Angeles (City), CA 90018
  • $3,545,000
  • STATUS: Active Under Contract
  • ON SITE: 22 Days
  • ID#: 22153253
Under Contract
$3,545,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2007
County:

School Ratings & Info

Listing Agent(s): Luis Ruiz of Lar Realty, Inc. (323-223-3881)


Description

The property is located in the Jefferson Park neighborhood of Los Angeles, in proximity to USC, the Metro, Downtown, and the 10 Freeway. Originally built in 2007, this property is not subject to rent control. Property mix includes eight (3 bedrooms) and one (4 bedroom) units each with separate gas, electric and water meters, in-unit laundry, private balcony, and on-site secured parking. This property offers investors a rare opportunity to acquire a well-maintained and stabilized asset with low turn over and 5.0% going in cap rate.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128405767
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2637 S Manhattan Place Los Angeles (City), CA 90018

  • Price: $3,545,000
  • Status: Active Under Contract
  • On Site: 22 Days
  • ID#: 22153253
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2007
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
The property is located in the Jefferson Park neighborhood of Los Angeles, in proximity to USC, the Metro, Downtown, and the 10 Freeway. Originally built in 2007, this property is not subject to rent control. Property mix includes eight (3 bedrooms) and one (4 bedroom) units each with separate gas, electric and water meters, in-unit laundry, private balcony, and on-site secured parking. This property offers investors a rare opportunity to acquire a well-maintained and stabilized asset with low turn over and 5.0% going in cap rate.
Exterior Features

Architectural Style Modern Construction Materials Stucco Entry Location Ground Level W/Steps Number Of Separate Electric Meters 9 Parking Features CoveredSide By Side Parking Total 9 Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Disposal Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateWood Window Features Screens

Property Features

Additional Parcels YN No Association Fee 0 Gross Income 253548 Levels Three Or More Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 177147 New Construction YN No Number Of Separate Gas Meters 9 Number Of Separate Water Meters 9 Possession Close Of Escrow Rent Control YN No Security Features Carbon Monoxide Detector(S)Fire Sprinkler SystemSecurity GateSmoke Detector(S) Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Tenant Pays ElectricityGasWater Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T00:32:21.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Luis Ruiz of Lar Realty, Inc. (323-223-3881)