5507 S Manhattan Place, Los Angeles, CA 90062

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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5507 S Manhattan Place,Los Angeles, CA 90062
$1,650,000
  • 12 Beds
  • 8 Baths
  • 4,236 sq. ft.
  • Single family
  • Active
Listed by:brenda hailey
Office:exp realty of greater los angeles, inc.
MLS#:BB25163912
Source:SANDICOR

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$389.52

About this home

Calling all investors Dont 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 in 2024 and one beautifully updated Spanish classic. With a cap rate of 7.33% and a gross rent multiplier (GRM) of 10.7, this asset presents strong current returns and long-term appreciation in a high-demand rental market. This property is one of three 4-unit investment properties available in a portfoliooffering great opportunity for buyers looking to invest in an individual or multiple income-generating assets. The rear duplex 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

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Home facts

  • Year built:2024
  • Listing Id #:BB25163912
  • Added:102 day(s) ago
  • Updated:August 16, 2025 at 02:12 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,236 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air
  • Heating:Forced Air Unit

Structure and exterior

  • Roof:Shingle
  • Year built:2024
  • Building area:4,236 sq. ft.

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$389.52
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