We are proud to present this value-add opportunity in Koreatown. The 5-unit building is located on a hard corner on Manhattan Place just west of Western Avenue and south of 3rd Street. The Letter of Determination is approved for a 30-unit site featuring 7 affordable units on the LAR4 zoned lot. That breaks down to $90,000 per buildable unit.
Off market
$2,487,600
460 S Manhattan Pl, Los Angeles, CA 90020
5beds
6baths
8,657sqft
MultiFamily
Built in 1923
-- sqft lot
$2,487,600 Zestimate®
$287/sqft
$3,400 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Heating
- Forced air
Cooling
- Wall
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 8,657 sqft
Property
Parking
- Total spaces: 5
Lot
- Size: 8,603 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Refrigerator
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Assigned
- Cooling: Wall Unit(s)
- Heating: Central
- ListingArea: Hancock Park-Wilshire
- Country: US
- UnitTypeType: 2106, 2107, 2108, 2109, 2110
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Estimated market value
$2,487,600