409 S Manhattan Pl - Apartments FOR SALE


Los Angeles, CA 90020- Koreatown
$5,400,000 USD
310-621-8221
409 S Manhattan Pl, Los Angeles, CA for Sale
$5,400,000 USD
Apartments - FOR SALE
1/18
null | 5.63% Cap Rate

409 S Manhattan Pl
Los Angeles, CA 90020
Koreatown


OVERVIEW

409 S Manhattan Pl is an apartment community constructed in 1957. Situated in the neighborhood of Koreatown, Los Angeles, the property consists of (11) Studio/One- Bath units, (16) One-Bed/One-Bath units, and (2) Two-Bed/Two Bath units, totaling an average of 538 square feet each. Units are individually metered for gas and electricity and parking consists of tuck under spaces in the front and rear of the property. The property is fully secured and is a two-story wood frame and stucco structure with a pool in the courtyard and the soft story retrofitting has been completed.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$283 USD /SF

# OF UNITS

29

PRICE/UNIT

$186,207

CAP RATE

5.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,999 SF

ZONING

R4-2, Los Angeles

APN/PARCEL ID

5503-016-002

ASK ABOUT THIS PROPERTY

Brent SprenkleNorthmarqMore Info
310-621-8221

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Brent SprenkleNorthmarqMore Info
310-621-8221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.