1810 Manhattan Place, Los Angeles, CA 90019
  • MLS#: 25478403 ( )
  • Street Address: 1810 Manhattan Place
  • Viewed: 1
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1923
  • Bldg sqft: 0
  • Days On Market: 180
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90019
  • Provided by: Real Broker
  • Contact: Henry Henry
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This 5 unit apartment building built in 1923 has over 25% rental upside and is unique in unit mix offering 4 two bedroom units, and 1 one bedroom unit within4,700 of building square feet. Additionally there are 5 parking spaces. Conveniently located in Korea town the units are separately metered for gas and electricity. There is an attractive assumable loan with Chase Bank with a loan amount of approx. $570,000 and an interest rate of 3.49% fixed until May 2026. To create additional long term income, the Seller has started the process of obtaining permits to build a 3 bedroom ADU in the rear building with a separate entrance to each bedroom creating a co living unit.
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Features
Building Area Total
  1. 4700.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 57711.00
Parcel Number
  1. 5073013013
Postalcodeplus4
  1. 6405
Sourcesystemkey
  1. 25-478403:CLAW
Totalexpenses
  1. 37193.00
Year Built
  1. 1923
Zoning
  1. LAP