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S Manhattan Lot 5 Los Angeles CA 90004 MLS #PW25226051

Prime investment opportunity in the sought-after Koreatown/Hancock Park adjacent area! This exceptional four-unit property is located in one of Los Angeles’ most desirable and rapidly appreciating neighborhoods, offering the perfect combination of stable income and long-term growth potential. Each of the four spacious units features functional floor plans, with the possibility of converting into three-bedroom, two-bath layouts. The property is ideally situated near Larchmont Village, Hancock Park, and Koreatown, and just minutes from Downtown LA, Hollywood, and major employment hubs. Residents will appreciate the convenience of nearby Metro stations, along with easy access to popular restaurants, cafes, and boutique shops. Iconic attractions such as The Grove, LACMA, and Paramount Studios are also close at hand. This property offers strong rental demand with consistently high occupancy rates, along with the potential for value-add improvements to further boost ROI. With limited new development in the area and a favorable rent-to-price ratio compared to other Los Angeles submarkets, investors have the opportunity to capitalize on the city’s ongoing housing shortage. Perfect for investors seeking a great opportunity as all 4 units are delivered vacant, rarely does a multi-unit property with such upside potential come to market in an established neighborhood. Schedule your private showing today!

Property Details

Price:
$1,799,000
MLS #:
PW25226051
Status:
Active
Beds:
0
Baths:
0
Address:
S Manhattan Lot 5
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
hpk
City:
Los Angeles
Listed Date:
Oct 15, 2025
State:
CA
Total Sq Ft:
5,576
ZIP:
90004
Lot Size:
7,171 sqft / 0.16 acres (approx)
Year Built:
1922

Schools

Interior

Cooling
N O
Heating
S P
Laundry Features
G A S, W H

Exterior

Community Features
S D W

Financial

Gross Operating Income
$144,000
Net Operating Income
$114,200

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S Manhattan Lot 5
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