1226 S Manhattan Place

    Los Angeles (City), CA 90019
    • $1,100,000
    • STATUS: Closed
    • ON SITE: 215 days
    • ID#: SB18177285
    Sold - 02/11/2019
    $1,100,000
    SOLD - 02/11/2019
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,802
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Back on the market! A great investment opportunity! The property is currently fully occupied. This property is a multi-family home (6 units) that is 4,802 sqft which sits on a 8,441 sqft lot and features 8 bedrooms and 6 bathrooms. This property was built in 1949. Nearby schools include Los Angeles Elementary School, Sound Of Music Preschool and Bishop Conaty-our Lady Of Loretto High School. The closest grocery stores are Smart & Final, Food4Less and Olympic Korean Rice Cake. Nearby restaurants include Road to Seoul, Sopita Ramen and Yetgol. 1226 S Manhattan Pl is near Seoul International Park, Normandie Park and Benny H. Potter West Adams Avenues Memorial Park. The property is only minutes away from Staples Center, L.A. Live, Los Angeles Convention Center and only 10 minutes away from USC, and a few minutes away from 110 and 10 freeways.

    Sold by General Nonmember of Crmls.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. 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. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/85887635

    1226 S Manhattan Place Los Angeles (City), CA 90019

    • Price: $1,150,000
    • Status: Closed
    • Updated: 47 min ago
    • ID#: SB18177285
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,802
    SQFT
    $229
    $/SQFT
    1949
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    Back on the market! A great investment opportunity! The property is currently fully occupied. This property is a multi-family home (6 units) that is 4,802 sqft which sits on a 8,441 sqft lot and features 8 bedrooms and 6 bathrooms. This property was built in 1949. Nearby schools include Los Angeles Elementary School, Sound Of Music Preschool and Bishop Conaty-our Lady Of Loretto High School. The closest grocery stores are Smart & Final, Food4Less and Olympic Korean Rice Cake. Nearby restaurants include Road to Seoul, Sopita Ramen and Yetgol. 1226 S Manhattan Pl is near Seoul International Park, Normandie Park and Benny H. Potter West Adams Avenues Memorial Park. The property is only minutes away from Staples Center, L.A. Live, Los Angeles Convention Center and only 10 minutes away from USC, and a few minutes away from 110 and 10 freeways.
    Exterior Features

    Garage Spaces 6.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 6.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 2.80 Community Features Urban Country Us Electric Expense 250.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1000.00 Gross Income 58524.00 Gross Scheduled Income 58524.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN No Maintenance Expense 10000.00 Net Operating Income 32524.00 New Construction YN No New Taxes Expense 12000.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 6 Operating Expense 26000.00 Other Expense 0.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 12000.00 Tax Rate 1.20 Tenant Pays Cable TvElectricityGasParking FeeTelephone Total Actual Rent 4877.00 Total Expenses 26000.00 Trash Expense 550.00 Water Sewer Expense 200.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Maki Saito-Akabane of Person Realty Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. 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. Licensed in the State of California, USA.
     
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