5507 S Manhattan Place Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90062
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25087688
HOA Y/N No
Year Built 2024
Lot Size 6,054 Sqft
Property Sub-Type Quadruplex
Property Description
Calling all investors … Don't miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built and one beautifully updated Spanish classic. The rear duplex, built in 2024, offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems.
The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities.
Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA's most dynamic and evolving neighborhoods.
Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Heating Central,Ductless
Cooling Central Air,Ductless
Flooring Tile,Vinyl
Fireplaces Type None
Fireplace No
Appliance Tankless Water Heater
Laundry Washer Hookup,Gas Dryer Hookup,Inside
Exterior
Pool None
Community Features Curbs,Sidewalks
Utilities Available Electricity Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5505025026
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,Freddie Mac
Green/Energy Cert Solar
Listing Terms Cash,Conventional,1031 Exchange,FHA,Freddie Mac
Special Listing Condition Standard