5507 S Manhattan Place

Los Angeles, CA 90062

  • 12 Bed(s)
  • 8 Bath(s)
  • 4,236 Sqft
  • 6055
    Sqft(Lot)
$1,699,999

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49626243

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Property Appliances: Tankless Water Heater
    • Fireplace: None
    • Flooring: Tile,Vinyl

    Cooling Features

    • Central Air,Ductless
    • Air Conditioning

    Heating Source

    • Central,Ductless
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 2024
    • Building Area Total: 4,236
    • Construction: Stucco
    • Roof: Shingle

    Foundation

    • Slab

    Accessibility Features

    • None

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.139
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6055

  • Listing Price Information

    • Original List Price: 1,699,999
    • Listing Contract Date: 2025-04-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5505025026

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: PHHT - Park Hills Heights
    • Postal Code Plus 4: 2622
    • Directions: West of Western Avenue / North of Slauson Avenue
    • Source Property Type: Residential Income
    • Area: PHHT - Park Hills Heights
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 1
    • Common Walls: 2+ Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Street
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/13/2025 @ 11:46

  • MLS: BB25087688
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 12 bedrooms which is for sale, it has 4,236 sqft, 6,055 sized lot, and 0 parking. are nearby neighborhoods.