Opportunity is knocking! 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 unit is 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. Per LADBS, an ADU & Jr. ADU may be converted out of the existing parking/garage structure. Do not approach the property and do not contact tenants.
Off market
$1,555,900
806 S Manhattan Pl, Los Angeles, CA 90005
7beds
6baths
4,508sqft
MultiFamily
Built in 1940
-- sqft lot
$1,555,900 Zestimate®
$345/sqft
$4,192 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Heating
- Gas
Cooling
- None
Features
- Common Walls
- Flooring: Laminate
- Common walls with other units/homes: Attached
Interior area
- Total interior livable area: 4,508 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Detached
Features
- Levels: Two
- Exterior features: Stucco
Lot
- Size: 7,501 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Value Mainly In Land
- Year built: 1940
Utilities & green energy
- Sewer: In Connected and Paid
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Range/Oven
- Heating: Wall
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: Garage - 4+ Car, Garage Is Detached, Detached
- OtherStructuralFeatures: Balcony
- CommonWalls: Attached
- TVServices: Cable TV
- ExteriorConstruction: Stucco
- ListingArea: Hancock Park-Wilshire
- Levels: Two
- ViewDescription: Other
- Flooring: Laminate
- Roof: Shingle
- InteriorFeatures: Common Walls
- WaterHeaterFeatures: Gas
- KitchenFeatures: Ceramic Counters
- LotDescription: Front Yard
- Sewer: In Connected and Paid
- ListingStatus: Pending
- Style: French Normandy
- PropertyCondition: Value Mainly In Land
- FoundationDetails: Raised
- Water: District
- DirectionFaces: West
- UnitTypeType: 2106, 2107, 2108, 2109, 2110
Services availability
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Estimated market value
$1,555,900