Skip To Content

2637 S Manhattan Pl

Los Angeles, CA 90018
  • $3,545,000
  • STATUS: Active Under Contract
  • ON SITE: 59 Days
  • ID#: 22-153253
Under Contract
UPDATED: 29 min ago
$3,545,000
  • 30
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,168
    SQFT
  • $387
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2007
County:

School Ratings & Info

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.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-04T20:42:44.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/128403288
Print Image

2637 S Manhattan Pl Los Angeles, CA 90018

  • Price: $3,545,000
  • Status: Active Under Contract
  • On Site: 59 Days
  • Updated: 29 min ago
  • ID#: 22-153253
30
Beds
0
Baths
0
½ Baths
0.15
Acres
9,168
SQFT
$387
$/SQFT
2007
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
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

Covered Parking 9 Entry Location Ground Level W/Steps Exterior Construction CombinationStucco Levels Three Or More Lot Description Automatic GateStorm DrainsSidewalksStreet PavedGuttersStreet Lighting Lot Location City Lot Size Area 6525 Other Structures None Parking Garage Covered ParkingGarage Is AttachedDriveway GateSide By SideAttached Patio Features None Paved YN Yes Pool Description None Pool YN No Roof CompositionFlatShingle Spa None Spa YN No Sprinklers Sprinkler System Style Modern Tennis Court None Tennis YN No Total Parking 9 View Description None View YN No Water Frontage None

Interior Features

Bathroom Features Low Flow Toilet(S)Shower And Tub Baths Total 16.00 Common Walls Attached Cooling None Equipment Gas Dryer HookupGarbage Disposal Fireplace Rooms None Flooring LaminateHardwoodVinyl Tile Heating Wall Gas Kitchen Features Laminate Counters Laundry In Unit Water Heater Features Gas Windows Screens

Property Features

Amenities None Assessed Total Value 2950000 Gross Income 253548 Gross Operating Income 248447 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 177147.00 Number Of Buildings 1 Number Of Units 9 Owner Pays Other Rent Control YN No Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S)Smoke DetectorFire SprinklersExterior Security Lights Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays ElectricityGasWater Total Annual Expense 71329 Type Of Units Multi Res Water Water DistrictMeter On Property Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Luis Ruiz DRE#01430577 of Lar Realty, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-04T20:42:44.76. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-153253-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-153253-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-153253-2.jpg
Logo
eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583