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5166 S Manhattan Pl, Los Angeles, CA 90062
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5166 S Manhattan Pl Los Angeles, CA 90062

$739,000
  • 2 Beds
  • 2 Baths
  • 1,456 Sq.Ft.
For Sale
$739,000 Get Pre-Qualified
Map preview of 5166 S Manhattan Pl, Los Angeles, CA 90062

Property Overview: 5166 S Manhattan Pl Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,456 living square feet and 5,676 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: NEW YEAR NEW INVESTMENT OPPORTUNITIES! Welcome to this charming income property located in a highly sought-after area of South LA. Moments away from Leimert Park, West Adams, Jefferson Park, Expo Park, USC, the 110 FWY, and Inglewood. This duplex is fully occupied, with one unit renovated. The two-car garage presents the opportunity for an ADU conversion, thus adding value and increasing future rental income. The location makes this property an attractive investment, with a range of amenities, cultural hubs, and major transportation routes just moments away. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this duplex is a true gem. NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5419 S St. Andrews Pl, 5715 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

Listed by Karlyn Nelson | BRE #02051690 | Compass
Co-listed by Lacy Register | BRE #01980850 | Compass
Last checked: 7 minutes ago | Last updated: January 25th, 2024 | Source CRMLS | DOM: 80
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Home details

Lot Sq. Ft
5,676
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24347885
City
Los Angeles
County
Los Angeles
Time on Site
98 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,134
  • Total Rent: $1,134
  • Pro Forma/Market Rent: $1,965
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,963
  • Total Rent: $1,963
  • Pro Forma/Market Rent: $1,965
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.96%
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $29,669
  • Gross Operating Income: $37,164
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5166 S Manhattan Pl

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Property Details for 5166 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
  • Dishwasher, Range, Oven, Microwave
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5005029011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Slauson, South of Vernon, East of Arlington, West of Western
View more facts & features

Local Los Angeles Agent

Sale History for 5166 S Manhattan Pl

Last sold for $462,000 on June 11th, 2019

  • January, 2024

  • Jan 17, 2024

    Date

    Active

    CRMLS: 24347885

    $739,000

    Price

  • January, 2024

  • Jan 15, 2024

    Date

    Expired

    CRMLS: 23291097

    $739,000

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: 23291097

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this charming investment property located in a highly sought-after area of South LA. Moments away from Leimert Park, West Adams, Jefferson Park, Expo Park, USC, the 110 FWY, and Inglewood. This duplex is fully occupied, with one unit renovated. The two-car garage presents the opportunity for an ADU conversion, thus adding value and increasing future rental income. The location makes this property an attractive investment, with a range of amenities, cultural hubs, and major transportation routes just moments away. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this duplex is a true gem. NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of five multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5419 S St. Andrews Pl, 5715 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

  • June, 2019

  • Jun 11, 2019

    Date

    Sold

    CRMLS: SB19088762

    $461,900

    Price

  • Jun 7, 2019

    Date

    Pending

    CRMLS: SB19088762

    $475,500

    Price

  • May 14, 2019

    Date

    Active Under Contract

    CRMLS: SB19088762

    $475,500

    Price

  • Apr 19, 2019

    Date

    Active

    CRMLS: SB19088762

    $475,500

    Price

  • Listing provided courtesy of CRMLS

    Step back into time with this extremely rare find, Duplex located in the high demand neighborhood of Park Hills Heights. Completely original in all of its magnificent glory with the original Built Ins and Cabinetry of the era. Each unit has its own Faux Fireplace, Dining room with beautiful Built ins and leads into the Kitchen and Bathroom. Kitchens have all original cabinetry intact and adjacent Laundry rooms as well. Bathrooms also have original porcelain tubs, built in cabinetry and frosted glass doors. Updated Electrical and Plumbing. Sprinkler system and fully fenced yard. You do not want to miss this gem of a property.

  • June, 2019

  • Jun 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $462,000

    Price

  • February, 2019

  • Feb 21, 2019

    Date

    Expired

    CRMLS: 18409290

    $489,000

    Price

  • Jan 25, 2019

    Date

    Price Change

    CRMLS: 18409290

    $489,000

    Price

  • Nov 20, 2018

    Date

    Active

    CRMLS: 18409290

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    NEW PRICE!!Step back into time with this extremely rare find, Duplex located in the high demand neighborhood of Park Hills Heights. Completely original in all of its magnificent glory with the original Built Ins and Cabinetry of the era. Each unit has its own Faux Fireplace, Dining room with beautiful Built ins and leads into the Kitchen and Bathroom. Kitchens have all original cabinetry intact and adjacent Laundry rooms as well. Bathrooms also have original porcelain tubs, built in cabinetry and frosted glass doors. Updated Electrical and Plumbing. Sprinkler system and fully fenced yard. You do not want to miss this gem of a property.

  • January, 2019

  • Jan 11, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 5166 S Manhattan Pl

Assessed Value (2020): $471,138
Year Land Value Improved Value Assessed Value
2020 $306,000 $165,138 $471,138

Home Value Compared to the Market

This property vs the competition

5166 S Manhattan Pl is listed 40.83% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $507.55 per/sqft which puts the price per square foot 34.25% lower than the median price per square foot for the city of Los Angeles.

About 5166 S Manhattan Pl

Detailed summary of property

5166 S Manhattan Pl is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,456 living square feet, and sits on an approximately 5,676 square foot lot. 5166 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $739,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40.83% lower than the median priced home. Local competing homes currently for sale include 1510 W 53rd St, 1452 W 53rd St and 1745 W 59th Pl. While the average home in Los Angeles, CA is selling in 97 days, 5166 S Manhattan Pl has a days on market of 80 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 5166 S Manhattan Pl Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5166 S Manhattan Pl

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,456
Lot Size
5,676
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
48
APN
5005-029-011

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$589
Total Inventory
33
Median Sale to List Price %
98.18%
Avg Days on Market
59
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

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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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