5722 South Manhattan Place

Los Angeles, CA 90062

$1,239,000
Price
6
Beds
6
Baths
3,000 Sq. Ft.
$413 / Sq. Ft.
3,000
Sq. Ft.
$413
per Sq. Ft.

Description

Investors + Owner Occupants, you won't find a turnkey triplex like this anywhere else in LA! Three fully updated 2 bedroom/2 bathroom units with a South LA location that offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. Wide plank flooring, fully renovated kitchens and bathrooms and income potential! Two units are already FULLY vacant. The ADU in the back is brand new with central HVAC...Investors + Owner Occupants, you won't find a turnkey triplex like this anywhere else in LA! Three fully updated 2 bedroom/2 bathroom units with a South LA location that offers easy access to DTLA, USC and LAX plus proximity to the restaurants, culture and vibrancy of Leimert Park, West Adams, Jefferson Park, Culver City and more. Wide plank flooring, fully renovated kitchens and bathrooms and income potential! Two units are already FULLY vacant. The ADU in the back is brand new with central HVAC and has never been occupied. Live in one unit, rent the others, or make this the investment property of your dreams. This triplex offers versatility, access to freeways, universities and transportation, ensuring consistent demand and high occupancy rates. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this one's a true gem. Don't let this one slip away.

Listing Agents

  1. Karlyn Nelson

    Karlyn Nelson

    Listing Agent

    Compass

    DRE #02051690

  2. Lacy Register

    Lacy Register

    Alternative Listing Agent

    Compass

    DRE #01980850

Property Details for 5722 South Manhattan Place

Zoning
LAR2
Style
Spanish
Living Area
3000
Source Living Area
Taped
Area
Park Hills Heights (PHHT)
Vacancy Rate
2
Lot Size Area
5958
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850
Add your commute
LISTING UPDATED: 04/09/2024 07:55 PM

Property Details for 5722 South Manhattan Place

StatusActive Under Contract
MLS #24-347891
Days on Market84
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 5,958 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850
Add your commute

Building Information for 5722 South Manhattan Place

Stories-Residences-Year Built1923Building Size-Lot Size0.14 AC / 5,958 SF

Payment Calculator

$7,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,762

Property Taxes

$575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5722 South Manhattan Place

Community / Development
Community / Development
  • Number Of Units: 3
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water: District
  • Water Heaters: Yes
  • Water Heater Features: Tankless
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $104,400
  • Net Operating Income: $97,811.00
  • Gross Income: $104,400
  • Cap Rate: 7.36%
  • Gross Rent Multiplier: $11.87
  • Owner Pays: Gardener, Other
  • Total Annual Expense: 6589
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1368
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 5
  • Covered Parking: 0
  • Open Other Spaces Total: 5
  • Garage Spaces Total: 0
Interior Features
Interior Features
  • Levels: One
  • Fireplace Rooms: None
  • Cooling Type: None
  • Heating Type: Central, Wall
  • Flooring: Laminate, Tile
  • Equipment: Range/Oven, Microwave, Dishwasher, Gas Or Electric Dryer Hookup
  • Cooking Appliances: Range, Oven, Microwave
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
  • Spa: No
  • Spa: None
  • Sprinklers: None
  • Other Structures: Accessory Dwelling Unit
Lease Terms
Lease Terms
  • Tenant Pays: Gas, Electricity, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,263.00
  • Unit Actual Rent: $2,263.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
  • Number of Dishwasher: 3
  • Number of Electric Meters: 3
  • Number of Gas Meters: 3
  • Number Leased: 1
  • Number Range: 3
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $107,219.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $428,880.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $536,099.00

Property History for 5722 South Manhattan Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5722 South Manhattan Place

Taxable ValueLand$437,457Additions$109,363Total$546,820
Tax Record2023$6,901 ($575 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtLot Size5,958 SqFtStyleDuplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5005-032-010

Schools near 5722 South Manhattan Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.