5722 South Manhattan Place

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.

Listed By Compass

Active Under Contract

Listed By Compass

Active Under Contract

a view of a house with potted plants
a living room with furniture potted plant and a window
a living room with furniture and a wooden floor
a living room with furniture and wooden floor
a living room with furniture a wooden floor and a potted plant
a kitchen with granite countertop a stove and a sink
a kitchen with stainless steel appliances granite countertop a stove a sink and white cabinets
a living room with kitchen appliances and a wooden floor
a kitchen that has a sink and a stove in it
a view of a room with a table and chairs
a living room with furniture and a wooden floor
a bedroom with a bed and chandelier
a bedroom with a bed and a potted plant
a bathroom with a sink toilet and shower
a view of bathroom with a tub shower and a sink
a bedroom with a bed and a window
a bedroom with a bed and a potted plant
a bedroom with bed and a window
a bathroom with a sink a toilet and shower
a view of a patio with table and chairs
a living room with furniture and a potted plant
a view of a kitchen with a sink and a refrigerator
an empty room with wooden floor kitchen view and a window
a kitchen with granite countertop a stove top oven a sink dishwasher and a refrigerator with wooden floor
a kitchen with granite countertop a stove top oven a sink dishwasher and a stove with wooden floor
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a bathroom with a sink a toilet and shower
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
wooden floor in a gallery
a bathroom with a sink toilet and shower
a view of an empty room with wooden floor and a window
a view of a house with wooden floor and a barbeque
a view of a backyard with chair and tables
a living room with furniture and a wooden floor
a view of a white building
a view of a street from a balcony
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an aerial view of a city with lots of residential buildings

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

    CallTextEmail
  2. Lacy Register

    Lacy Register

    Alternative Listing Agent

    Compass

    DRE #01980850

    CallTextEmail

Property Details for 5722 South Manhattan Place

Architectural Style
Spanish
Parking Spaces Total
5
Private Pool
No
Total Units
3.0
Living Area
3000
New Construction
No
Building Area Total
3000
Stories Total
0

Location

Listing Courtesy of Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850
Add your commute
LISTING UPDATED: 04/09/2024 01:08 PM

Property Details for 5722 South Manhattan Place

StatusActive Under Contract
MLS #24347891
Days on Market83
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

$6,762 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,762

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5722 South Manhattan Place

Rental Info
Rental Info
  • Tenant Pays: Gas, Electricity, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $104,400
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $104,400
  • Net Operating Income: $97,811
  • Gross Multiplier: 11.87
  • Cap Rate: 7.36
Expense Details
  • Total Expenses: $6,589
Community / Development
Community / Development
  • Assessments YN: No
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Microwave, Range, Oven
  • Fireplace Features: None
  • Cooling: None
  • Heating: Central, Wall Furnace
  • Flooring: Laminate, Tile
Exterior Features
  • Property Condition: Updated/Remodeled
  • Pool Features: None
  • Spa Features: None
Land/Lot Info
  • Direction Faces: West
  • Sprinklers: No
  • Levels: One
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Uncovered Spaces: 5
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $2,263
  • Unit Type Total Rent: $2,263
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 1
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

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.

Schools near 5722 South Manhattan Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Angeles Mesa Elementary School
Public - K to 5
Western Avenue Technology Magnet
Public - K to 8
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public - 9 to 12
Gifted Academy Of Math And Entrepreneurial Studies
Charter - K to 5
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK to 8

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public9 to 12

Gifted Academy Of Math And Entrepreneurial Studies
CharterK to 5

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.

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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.