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1409 S Manhattan Pl, Los Angeles, CA 90019
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1409 S Manhattan Pl Los Angeles, CA 90019

$4,700,000 Sold Price as of 06/16/2021
  • 26 Beds
  • 24 Baths
  • 17,263 Sq.Ft.
Sold
$4,700,000 Sold Price as of 06/16/2021 Refinance Your Mortgage
Map preview of 1409 S Manhattan Pl, Los Angeles, CA 90019

Property Overview: 1409 S Manhattan Pl Los Angeles, CA has 26 bedrooms, 24 bathrooms, 17,263 living square feet and 13,147 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Mid City 24 unit apartment building with a mix of (8) 2 bedroom, (10) 1 bedroom, (6) singes. Centrally located in Arlington Heights, close to all. Easy access to the 10 Freeway, just south of Koreatown. This is your opportunity to own a larger complex than you normally find in this highly desirable area of Los Angeles. Soft Story CofC 06/20/2020

Listed by Wendy Morley | BRE #01788681 | Pinnacle Estate Properties, Inc.
Co-listed by Larry Smart | BRE #01024190 | Pinnacle Estate Properties, Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
13,147
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR21057570
City
Los Angeles
County
Los Angeles
Time on Site
1152 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 1
  • # of Leased Units: 24
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,792
  • Total Rent: $5,690
  • Pro Forma/Market Rent: $7,800
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $11,205
  • Total Rent: $11,200
  • Pro Forma/Market Rent: $16,000
Unit Breakdown 3
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $12,338
  • Total Rent: $11,905
  • Pro Forma/Market Rent: $16,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.1
  • Gross Scheduled Income: $319,663
  • Net Operating Income: $175,090
  • Gross Operating Income: --
  • Laundry Income: $4,753
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $144,573
  • Electric: $2,394
  • Gas/Fuel: $4,490
  • New Taxes: $60,625
  • Trash: $3,396
  • Insurance: $12,209
  • Professional Management: $14,385
  • Water/Sewer: $17,577

Property Details for 1409 S Manhattan Pl

Interior Features
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered, Gated
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 24
  • Parcel Number: 5073008005
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: 1 block west of Western, south of Pico
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1409 S Manhattan Pl

Last sold for $4,700,000 on June 16th, 2021

  • June, 2021

  • Jun 16, 2021

    Date

    Sold

    CRMLS: SR21057570

    $4,700,000

    Price

  • Mar 30, 2021

    Date

    Pending

    CRMLS: SR21057570

    $4,850,000

    Price

  • Mar 23, 2021

    Date

    Active

    CRMLS: SR21057570

    $4,850,000

    Price

  • October, 2020

  • Oct 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2004

  • Oct 1, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1409 S Manhattan Pl

Assessed Value (2020): $2,295,101
Year Land Value Improved Value Assessed Value
2020 $1,019,644 $1,275,457 $2,295,101

Home Value Compared to the Market

This property vs the competition

1409 S Manhattan Pl sold on June 16, 2021 for 307.56% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $280.95 per/sqft which puts the price per square foot 62.79% lower than the current median sale per square foot for the city of Los Angeles.

About 1409 S Manhattan Pl

Detailed summary of property

1409 S Manhattan Pl is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 26 bedrooms, 24 bathrooms, roughly 17,263 living square feet, and sits on an approximately 13,147 square foot lot. 1409 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on March 23, 2021. The homeowner sold the property for $4,700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 307.56% higher than the current median priced home. Local homes that are currently for sale include 3653 Halldale Ave, 1256 W Adams Blvd and 1876 Buckingham Rd. While the average home in Los Angeles, CA is selling in 92 days, 1409 S Manhattan Pl has a days on market of 7 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1409 S Manhattan Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1409 S Manhattan Pl

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
17,263
Lot Size
13,146
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5073-008-005

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1409 S Manhattan Pl

1401 S Manhattan Pl, Los Angeles, CA 90019
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1401 S Manhattan Pl
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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