Active MLS # 24353693 | Listed by Jason Tuvia with Marcus & Millichap
722 S Manhattan Place is a $4,950,000, 11,965 square foot, 9 bedroom, 21.0 bath home on a 0.17 acre lot located in Los Angeles, CA.
We are pleased to present a nineteen (19) unit apartment building located at 722 S Manhattan Place in Los Angeles, California. The subject property is located in a prime Koreatown location south of Wilshire Boulevard and west of S Western Avenue. Built in 1936, this property contains a great unit mix of twelve (12) studio / one-bathroom units, five (5) one-bedroom / one-bathroom units, and two (2) two-bedroom / two-bathroom units. The property is gated and secure with character, French Normandy style architecture in an area that is surrounded by new construction just south of Wilshire Boulevard. Tenants will love living in the heart of Koreatown; just down the street from some of the trendiest retail, restaurant, and entertainment amenities in Los Angeles. The neighboring properties include a new construction 160-unit complex with luxury amenities, and a vacant lot with permits in progress for a new 60-unit, 59,666 SF 7-story edifice. Situated in a prime Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a rare, mid-size residential asset with interest only assumable financing at an attractive 5.09% interest rate in one of the trendiest markets of Los Angeles.
| Appliances | Microwave Refrigerator |
| Heating Types | Wall Furnace Heating - Yes |
| Parking Types | None |
| Exterior Features | None Close Of Escrow None Standard |
| Attribution Contact | 818-212-2700 |
| Property Type | Residential Income |
| Style | Multi Split Full Service |
| Year Built | 1936 |
| HOA Fee | $0.00 |
| Taxes | $0.00 |
| County | los angeles |
| Neighborhood |
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