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    808 S Manhattan Pl

    Los Angeles, CA 90005
    • $1,752,000
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: 20-596304
    $1,752,000
    • 7
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,508
      SQFT
    • $389
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    Global Platinum Properties is proud to present a 6 unit multifamily investment in the heart of Mid -Wilshire Los Angeles. This beautiful French Normandy charmer sits on a prime 7, 500 Sf, R4, Tier 3 Lot. 1 of the 6 units will be delivered vacant. These spacious units can easily be reconfigured into 2 bedroom units. The roof was recently replaced. There is a detached 6 car garage with plenty of yard space. Walk 5 minutes to the Wilshire/Western Metro station, footsteps away from trendy restaurants and exclusive shopping. The rents are below market and offer an upside. The R4 lot is located in an Enterprise Zone, CPIO and TOC; which presents a healthy upside in development. Do not approach the property and do not contact tenants.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T23:42:33.873. 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.
    www.randyplaice.com/homes/107283483
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    808 S Manhattan Pl Los Angeles, CA 90005

    • Price: $1,752,000
    • Status: Active
    • ID#: 20-596304
    7
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,508
    SQFT
    $389
    $/SQFT
    1940
    Built
    Neighborhood:
    Hancock Park-Wilshire
    County:
    Los Angeles
    Area:
    Hancock Park-Wilshire
    Property Description
    Global Platinum Properties is proud to present a 6 unit multifamily investment in the heart of Mid -Wilshire Los Angeles. This beautiful French Normandy charmer sits on a prime 7, 500 Sf, R4, Tier 3 Lot. 1 of the 6 units will be delivered vacant. These spacious units can easily be reconfigured into 2 bedroom units. The roof was recently replaced. There is a detached 6 car garage with plenty of yard space. Walk 5 minutes to the Wilshire/Western Metro station, footsteps away from trendy restaurants and exclusive shopping. The rents are below market and offer an upside. The R4 lot is located in an Enterprise Zone, CPIO and TOC; which presents a healthy upside in development. Do not approach the property and do not contact tenants.
    Exterior Features

    Direction Faces West Entry Location Living Room Exterior Construction Stucco Levels Two Lot Description Front Yard Lot Size Area 7500 Other Structures None Parking Garage DetachedGarage - 4+ CarGarage Is Detached Patio Features None Pool Description None Pool YN No Roof Shingle Spa None Spa YN No Sprinklers None Style French Normandy Tennis Court None Tennis YN No Total Parking 6 View Description Other View YN Yes Water Frontage None

    Interior Features

    Baths Total 6.00 Common Walls Attached Cooling None Equipment Range/Oven Flooring Laminate Foundation Details Raised Heating Wall Interior Features Common Walls Kitchen Features Ceramic Counters Laundry None Water Heater Features Gas

    Property Features

    ADACompliance No Alley YN No Disability Access None Gross Income 80100 Gross Operating Income 80100 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 51176.00 Number Of Buildings 1 Number Of Units 6 Property Condition Value Mainly In Land Rent Control YN Yes Sale Type Standard Security Features None Sewer In Connected And Paid Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 28924 TVServices Cable Tv Type Of Units Residential Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Armin Soleimani DRE#01846872 of Global Platinum Properties, Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T23:42:33.873. 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.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355