Skip To Content

5722 S Manhattan Place

Los Angeles (City), CA 90062
  • $1,249,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: 23291415
UPDATED: 206 min ago
$1,249,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $416
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Karlyn Nelson of Compass (310-230-5478) and Lacy Register of Compass(310-230-5478)


Description

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 with potential for the third to be delivered 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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142518785
Print Image

5722 S Manhattan Place Los Angeles (City), CA 90062

  • Price: $1,249,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 206 min ago
  • ID#: 23291415
6
Beds
0
Baths
0
½ Baths
0.14
Acres
3,000
SQFT
$416
$/SQFT
1923
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
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 with potential for the third to be delivered 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.
Exterior Features

Architectural Style Spanish Direction Faces West Number Of Separate Electric Meters 3 Open Parking Spaces 5 Parking Features Driveway Parking Total 5 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DishwasherMicrowaveOvenRange Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring LaminateTile Heating CentralWall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.99 Garage YN No Gross Income 81468 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 74878 New Construction YN No Number Of Separate Gas Meters 3 Property Condition Updated/Remodeled Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasWater Vacancy Allowance Rate 2 Water Source Public Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371813939-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371813939-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371813939-2.jpg
Logo
Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Karlyn Nelson of Compass (310-230-5478) and Lacy Register of Compass(310-230-5478)