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204 N Manhattan Place, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:CENTURY 21 Century Real Estate
204 N Manhattan Place,Los Angeles, CA 90004
$4,850,000
  • 25 Beds
  • 23 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25587109
Source:CRMLS

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Price summary

  • Price:$4,850,000

About this home

Price Reduction! Well maintained 17-unit building in prime Hancock Park/Larchmont Village area cash flowing at an amazing Current Cap Rate of 5.3% from day 1 with upside to 7.5% Cap Rate on Proforma. Approved RTI plans to add 4 detached ADUs to achieve a remarkable 7% Current Cap Rate, 9.2% Proforma Cap Rate, and only 277k/door after taking into account all constructions costs (~340k assuming $250/SF). Large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 newly-built attached ADUs. Select units have been renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. Individually metered for gas & electricity with soft-story retrofit already completed. Large 14,364 SF R3 TOC Tier 3 corner lot for

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Home facts

  • Year built:1961
  • Listing ID #:25587109
  • Added:257 day(s) ago
  • Updated:March 01, 2026 at 07:20 AM

Rooms and interior

  • Bedrooms:25
  • Total bathrooms:23

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1961
  • Levels:2 Story

Finances and disclosures

  • Price:$4,850,000

Features and amenities

  • Pool features:In Ground
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