1511 Manhattan Place, Los Angeles

$3,050,000

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12 Beds
8 Baths
8,700 Sqft
.3 Acre
0 Garage

Explore this must-see property showcasing a fully renovated and elegantly designed interior. The residence is comprised of a gated two-story building at the front of the property and another two story building at the rear. The primary building offers two units, one on each floor level, providing a total of 12 bedrooms and 10 bathrooms. Ample parking spaces, up to 20 gated spots, are available at the front and rear of the building. The secondary two-story building in the back features ground-level garages for six cars, with the second floor boasting four bedrooms and two bathrooms. This property presents a fantastic opportunity for someone wanting to acquire fully renovated units that can generate rental income. The property is currently being used as a rental with Airbnb, which is showing to be much more lucrative when compared to traditional lease number. Meticulously maintained and completely remodeled, this building is highly recommended for astute investors. The total lot size is 13,150 square feet, with the buildings taking up 8,700 square feet (with the main building at 7,150 square feet and the second building at 1,550 square feet).

Essential Information

MLS® #
24343651
Price
$3,050,000
Bedrooms
12
Bathrooms
8.00
Square Footage
8,700
Acres
0.30
Year Built
1904
Type
Residential Income
Status
Active

Community Information

Address
1511 Manhattan Place
Area
C16 - Mid Los Angeles
City
Los Angeles
County
Los Angeles
Zip Code
90019
Senior Community
N

Amenities

Parking Spaces
20
Parking
Gated
Garages
Gated
View
None

Interior

Heating
Central
Cooling
Central Air
Stories
Two

Appliances

Dishwasher, Microwave, Refrigerator, Dryer, Washer

Additional Information

Date Listed
January 3rd, 2024
Days on Market
120
Zoning
LAR2

Listing Details

Agent
Helen B. Kim
Office
Mokins Realty, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 7:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.