2637 S MANHATTAN Place, Los Angeles, CA 90018

About this property

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.

Listing description from the August 2022 sale, as reported to CRMLS.

Sale history

$3,400,000

Sold August 2022 · listed $3,545,000, on market May 2022 · MLS #22153253 · Source: CRMLS

Listing Agent: Luis Ruiz · Listing Office: LAR Realty, Inc. · Contact: 323-223-3881 · Bought with: Luis Ruiz · LAR Realty, Inc.

$2,950,000

Sold July 2020 · listed $3,100,000, on market January 2020 · MLS #PW20011307 · Source: CRMLS

Listing Agent: Jeff Anderson · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: General NONMEMBER · NONMEMBER MRML

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