For Sale
$1,850,000
139 Manhattan
Los Angeles, CA

139 Manhattan, Los Angeles, CA, 90004

  • 0.15acre
  • 1921Year Built
Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
Listing agents:
Annie Lee
License #01968283
Premier Realty
Ethan Baik
License #01927947
Premier Realty
139 Manhattan is a Residential Income Quadruplex property located in Los Angeles, California, featuring a 0.152 acre lot, MLS #DW26085689.