450 S Manhattan Pl, Los Angeles, CA 90020
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450 S Manhattan Pl Los Angeles, CA 90020

$3,000,000 Sold Price as of 08/04/2022
  • 9 Beds
  • 12 Baths
  • 9,216 Sq.Ft.
Sold
$3,000,000 Sold Price as of 08/04/2022 Refinance Your Mortgage

Map preview of 450 S Manhattan Pl, Los Angeles, CA 90020

Property Overview: 450 S Manhattan Pl Los Angeles, CA has 9 bedrooms, 12 bathrooms, 9,216 living square feet and 8,652 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 12-units, consisting of 4 Singles, 7 one-bedrooms, and one two-bedroom/one-bathroom apartment unit. Four (3 1+1, 1 0+1) of the twelve units will be delivered VACANT, and there are nine parking spaces which include one tandem parking. The property sits on an 8,624 square foot lot and is zoned LAR4.

Listed by Andrew Cha | BRE #01327638 | Andrew Cha
Co-listed by Sue Choi | BRE #00943234 | Choice 100 Realty, Inc.
Last checked: 7 minutes ago | Last updated: August 6th, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
8,652
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22160807
City
Los Angeles
County
Los Angeles
Time on Site
723 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,491
  • Total Rent: $10,443
  • Pro Forma/Market Rent: $10,443
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,544
  • Total Rent: $1,544
  • Pro Forma/Market Rent: $1,544
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,168
  • Total Rent: $4,675
  • Pro Forma/Market Rent: $4,675
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 450 S Manhattan Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Paved
Property Information
  • No View
  • View: None
  • Total # of Units: 12
  • Parcel Number: 5503015012
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: West of Western, East of Wilton, North of 6th, and South of 3rd.
View more facts & features

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Sale History for 450 S Manhattan Pl

Last sold for $3,000,000 on August 4th, 2022
  • August, 2022

  • Aug 4, 2022

    Date

    Sold

    CRMLS: 22160807

    $3,000,000

    Price

  • May 24, 2022

    Date

    Active

    CRMLS: 22160807

    $3,000,000

    Price

  • October, 2007

  • Oct 2, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,500,000

    Price

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Tax History for 450 S Manhattan Pl

Assessed Value (2020): $1,696,841
Year Land Value Improved Value Assessed Value
2020 $1,354,595 $342,246 $1,696,841

Home Value Compared to the Market

This property vs the competition

450 S Manhattan Pl sold on August 4, 2022 for 152.1% 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 $325.52 per/sqft which puts the price per square foot 56.88% lower than the current median sale per square foot for the city of Los Angeles.

About 450 S Manhattan Pl

Detailed summary of property

450 S Manhattan Pl is a multi family that recently sold in Los Angeles, CA 90020. This multi family property offered 9 bedrooms, 12 bathrooms, roughly 9,216 living square feet, and sits on an approximately 8,652 square foot lot. 450 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on May 25, 2022. The homeowner sold the property for $3,000,000. 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 152.1% higher than the current median priced home. Local homes that are currently for sale include 5017 Institute Pl, 542 N Kenmore Ave and 803 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 92 days, 450 S Manhattan Pl has a days on market of 45 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 450 S Manhattan Pl Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 450 S Manhattan Pl

Public county record property details
Beds
9
Baths
12
Year built
1953
Sq. Ft.
9,216
Lot Size
8,651
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
86
APN
5503-015-012

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$790,000
Median List Price/Sq.Ft.
$653
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
50
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Related Resources to 450 S Manhattan Pl

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.