2637 S Manhattan Pl, Los Angeles, CA 90018
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2637 S Manhattan Pl Los Angeles, CA 90018

$2,995
  • 3 Beds
  • 2 Baths
  • 1,400 Sq.Ft.
For Lease
$2,995 Get Pre-Qualified

Map preview of 2637 S Manhattan Pl, Los Angeles, CA 90018

Property Overview: 2637 S Manhattan Pl Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,400 living square feet and 6,525 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: FULLY RENOVATED three bedroom, two full bathroom apartment in newer apartment complex built in 2007. Top floor unit with incredible downtown LA views! New engineered hardwood floors, two fully renovated bathrooms, fully renovated kitchen (new cabinets, quartz countertops, undermount stainless sink, new appliances). Very bright, lots of windows in a fully updated apartment with a large, private balcony off the living room and two east facing balconies off of 2 of the bedrooms with incredible downtown LA views!!! Third bedroom is massive. Both bathrooms are full bathrooms with shower/tub. Washer and dryer in the unit! Excellent Jefferson Park location near USC, Downtown LA, Koreatown, West Adams and more! Low income requirement. Section 8 welcome! WILL ACCEPT 2 or 3 BEDROOM VOUCHERS!!! 1 Car Parking. Available now!!! Contact Maria (onsite manager) at three two three - 570 - 6016 to arrange an appointment to view the property.

Listed by Morgan McMullin | BRE #01716570 | Keller Williams Beverly Hills
Last checked: 12 seconds ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
6,525
HOA Dues
$0/mo
Year built
2007
Garage
--
Property Type:
Apartment
Status
Active
MLS#
24428787
City
Los Angeles
County
Los Angeles
Time on Site
34 days

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Property Details for 2637 S Manhattan Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: Gated Community, Resident Manager
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Gated
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 9
  • Parcel Number: 5052032003
  • Architectural Style: Contemporary
  • Entry Level: 3
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Just south of the 10 Freeway, near the Western Ave and Adams Blvd intersection
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Sale History for 2637 S Manhattan Pl

Last sold for $3,400,000 on August 28th, 2022
  • August, 2024

  • Aug 16, 2024

    Date

    Active

    CRMLS: 24428787

    $3,095

    Price

  • August, 2022

  • Aug 28, 2022

    Date

    Sold

    CRMLS: 22153253

    $3,400,000

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: 22153253

    $3,545,000

    Price

  • Listing provided courtesy of CRMLS

    The property is located in the Jefferson Park neighborhood of Los Angeles, in proximity to USC, the Metro, Downtown, and the 10 Freeway. Originally built in 2007, this property is not subject to rent control. Property mix includes eight (3 bedrooms) and one (4 bedroom) units each with separate gas, electric and water meters, in-unit laundry, private balcony, and on-site secured parking. This property offers investors a rare opportunity to acquire a well-maintained and stabilized asset with low turn over and 5.0% going in cap rate.

  • September, 2020

  • Sep 2, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,950,000

    Price

  • March, 2019

  • Mar 2, 2019

    Date

    Expired

    CRMLS: PW18277032

    $3,299,000

    Price

  • Nov 19, 2018

    Date

    Active

    CRMLS: PW18277032

    $3,299,000

    Price

  • Listing provided courtesy of CRMLS

    2637 South Manhattan Place is a nine-unit apartment building in Los Angeles, California. The property is located in LA’s thriving Jefferson neighborhood, conveniently near the 10 Freeway and Downtown LA. 2637 South Manhattan Place consists of a highly desirable 2007 construction, nine-unit building with a strong mix of seven three-bedroom and two four-bedroom units. As a 2007 construction, this property is not subject to rent control. The building also features in-unit laundry, nine parking spaces, secure access, and balconies. The property is separately metered for all utilities. The property is currently under a 30-year affordable housing covenant that was initiated in April 2006. This covenant assures a reliable income stream from state-backed section 8 tenants and has created significant financial potential upside for investors. As a newer construction property with a highly desirable unit mix in a strong rental market, 2637 South Manhattan Place is an excellent investment opportunity. Please request and review a copy of the Offering Memorandum for this property for a detailed explanation and description of this investment and its underwriting.

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Tax History for 2637 S Manhattan Pl

Assessed Value (2020): $1,237,493
Year Land Value Improved Value Assessed Value
2020 $323,707 $913,786 $1,237,493

Home Value Compared to the Market

This property vs the competition

2637 S Manhattan Pl is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment.

About 2637 S Manhattan Pl

Detailed summary of property

2637 S Manhattan Pl is a apartment for lease located in Los Angeles, CA 90018. This apartment offers 3 bedrooms, 2 bathrooms, roughly 1,400 living square feet, and sits on an approximately 6,525 square foot lot. 2637 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on August 16, 2024. The homeowner is currently asking $2,995. Local homes that are currently for sale include 1781 W 25th St, 1934 S Western Ave and 2277 W 31st St. While the average home in Los Angeles, CA is selling in 106 days, 2637 S Manhattan Pl has a days on market of 33 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for lease at 2637 S Manhattan Pl Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2637 S Manhattan Pl

Public county record property details
Beds
--
Baths
16
Year built
2007
Sq. Ft.
9,168
Lot Size
6,524
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5052-032-003

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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.