Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

10,475 sqft

Lot size

7,368 sqft

Year built

2008

Stories

1

Style

Modern

Heating

Central

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

8

MLS #

247390715

About this property

Built in 2008, this modern Six-unit condominium building presents a Remarkable Investment opportunity near Hancock Park, Hollywood, and Koreatown. The fully occupied property currently operates as a single income-producing asset, with each legally subdivided condominium assigned with its own APN. There are 2 units on each floor and Each Residence offers 3 Beds + 2 Baths + Den which can be used as an office space, or additional living area, High ceilings, abundant natural light, walnut Hardwood floors, recessed lights, and an open-concept kitchen/ living area. Additional features include a walk-in closet, separate tub and shower, in-unit laundry, and two tandem parking spaces for each unit in a gated garage. The building also includes two Additional parking spaces, Elevator + Intercom, 24 HR surveillance cameras, and storage room. Each unit is Separately metered for water, gas, and electric. The property is conveniently located near all new and trending Shops and Restaurants making this property a Prime Location! A new owner may continue operating it as a Rental Investment or explore selling the condominiums individually for Higher ROI. Buyer to independently verify condominium status, unit features, parking, and resale options. Opportunity like this won't LAST!

Location

201 N Manhattan Place

Los Angeles, Los Angeles, CA, 90004