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1501 S Manhattan Pl, Los Angeles, CA 90019
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1501 S Manhattan Pl Los Angeles, CA 90019

$3,720,000 Sold Price as of 05/21/2021
  • 580 Beds
  • 400 Baths
  • 16,380 Sq.Ft.
Sold
$3,720,000 Sold Price as of 05/21/2021 Refinance Your Mortgage
Map preview of 1501 S Manhattan Pl, Los Angeles, CA 90019

Property Overview: 1501 S Manhattan Pl Los Angeles, CA has 580 bedrooms, 400 bathrooms, 16,380 living square feet and 13,151 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold before print

Listed by Wendy Morley | BRE #01788681 | Pinnacle Estate Properties, Inc.
Co-listed by Larry Smart | BRE #01024190 | Pinnacle Estate Properties, Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
13,151
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR21047312
City
Los Angeles
County
Los Angeles
Time on Site
1092 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Electric Meters: 21
  • # of Gas Meters: 21
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 20
  • # of Beds: 29
  • # of Baths: 20
  • Garage Spaces: 20
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $19,703
  • Total Rent: $23,228
  • Pro Forma/Market Rent: $23,228
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $278,021
  • Net Operating Income: $133,361
  • Gross Operating Income: $274,494
  • # of Rented Garages: 2
  • Garage Rental Rate: $30
  • Garage Rental Income: $720
  • Laundry Income: $10,920
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $141,133
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $46,500
  • Trash: $5,424
  • Insurance: $11,293
  • Professional Management: $12,864
  • Water/Sewer: $0

Property Details for 1501 S Manhattan Pl

Interior Features
Laundry Information
  • Has Laundry
  • Community, Individual Room
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 20
  • Parcel Number: 5073009001
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Western, s/w corner of W 15th St
Neighborhood Information
  • Community Features: Curbs, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1501 S Manhattan Pl

Last sold for $3,720,000 on May 21st, 2021

  • May, 2021

  • May 22, 2021

    Date

    Sold

    CRMLS: SR21047312

    $3,720,000

    Price

  • May 22, 2021

    Date

    Active

    CRMLS: SR21047312

    $3,720,000

    Price

  • October, 2020

  • Oct 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2002

  • Jun 19, 2002

    Date

    Sold (Public Records)

    Public Records

    $1,075,000

    Price

Show More

Tax History for 1501 S Manhattan Pl

Assessed Value (2020): $1,452,102
Year Land Value Improved Value Assessed Value
2020 $675,397 $776,705 $1,452,102

Home Value Compared to the Market

This property vs the competition

1501 S Manhattan Pl sold on May 21, 2021 for 212.61% 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 $227.11 per/sqft which puts the price per square foot 69.92% lower than the current median sale per square foot for the city of Los Angeles.

About 1501 S Manhattan Pl

Detailed summary of property

1501 S Manhattan Pl is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 580 bedrooms, 400 bathrooms, roughly 16,380 living square feet, and sits on an approximately 13,151 square foot lot. 1501 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on May 22, 2021. The homeowner sold the property for $3,720,000. 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 212.61% higher than the current median priced home. Local homes that are currently for sale include 4440 Victoria Park Dr, 4171 W 4th St and 1144 Elden Ave. 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 1501 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 1501 S Manhattan Pl

Public county record property details
Beds
--
Baths
20
Year built
1961
Sq. Ft.
16,380
Lot Size
13,150
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5073-009-001

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
70
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%)

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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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