Income Home for Sale in Los Angeles, California (Closed)

350 S Manhattan Place, Los Angeles, California 90020, US

$ 2,500,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,500,000
  • MLS ID: 21675280
  • Property Type: Income Home
  • WEB ID: PR01719761
  • Property Status: Closed
  • Lot Size: 8,651sqft
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,500,000
  • MLS ID: 21675280
  • Property Type: Income Home
  • WEB ID: PR01719761
  • Property Status: Closed
  • Lot Size: 8,651sqft
The property is a 2-story, 11-unit value-add multi-family investment w/ +/- 50% rental upside. Built in 1957, the building is comprised of 2 singles, 6 (1+1), 1 (2+1) and 2 (2+2) units that avg. approx. 785+ gross sqft. Select units have undergone upgrades over the years, including 2 units that have been more extensively remodeled since 2018. The 8,668 sqft structure sits on an 8,651 sqft, LAR4-1 zoned lot w/ 13 individual parking spaces, a communal patio/courtyard area, and on-site laundry. The building has a brand-new roof, new main water heater, and the required City of LA seismic retrofitting work was recently completed. The building is separately metered for gas & electric. The central Koreatown/Mid-Wilshire adjacent location offers tenants access to the surrounding DTLA, Hollywood, Mid-City, + revitalized West Adams neighborhoods. The property is close to the 10,101, and 110 Freeways, + the Wilshire/Western Metro purple line station is just 2 blocks away.

Additional Features

  • Wall Furnace
  • Listing Status: Closed
  • Listing Agent: Matthew R. Kanner (lic# 01349203) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Realty Los Feliz (lic# 01430290)
  • Selling Agent: Matthew R. Kanner (lic# 01349203)
  • Based on information from CRISNet MLS as of 3rd August 2026 at 1:45pm. 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.

Areas of expertise
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