5303 S Manhattan Pl, Los Angeles, CA 90062
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5303 S Manhattan Pl Los Angeles, CA 90062

$595,000
  • 2 Beds
  • 2 Baths
  • 1,667 Sq.Ft.
For Sale
$595,000 Get Pre-Qualified

Map preview of 5303 S Manhattan Pl, Los Angeles, CA 90062

Property Overview: 5303 S Manhattan Pl Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,667 living square feet and 5,767 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: Adorable duplex in Chesterfield Square on Palm Tree lined street. There is alley access along the back of the property and the yard is very spacious. Excellent potential to add an ADU. Units are clean and well maintained and retain the charm of the era with hardwood floors, crown moldings and well-proportioned rooms. Excellent opportunity.

Listed by Lorin Ruttenberg | BRE #01309588 | Compass
Co-listed by Erica Lockhart | BRE #01763313 | Compass
Last checked: 8 minutes ago | Last updated: March 22nd, 2023 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
5,767
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23249325
City
Los Angeles
County
Los Angeles
Time on Site
17 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: $1,175
  • Total Rent: $1,175
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $28,260
  • Gross Operating Income: $29,700
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $5,750
  • Gardener: $720
  • Insurance: $1,000
  • Water/Sewer: $720

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Property Details for 5303 S Manhattan Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Room Information
  • Living Room
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5005026009
  • Year Built Source: Assessor
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: W. of Western, N. of Slauson
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Sale History for 5303 S Manhattan Pl

Last sold for $445,000 on April 19th, 2019
  • March, 2023

  • Mar 14, 2023

    Date

    Active

    CRMLS: 23249325

    $595,000

    Price

  • April, 2019

  • Apr 20, 2019

    Date

    Sold

    CRMLS: 19437296

    $445,000

    Price

  • Mar 7, 2019

    Date

    Active Under Contract

    CRMLS: 19437296

    $489,500

    Price

  • Listing provided courtesy of CRMLS

    Side by Side Single Level Duplex - 1 BR and 1 Bath each - surprisingly spacious with enough room to convert to 2 BR each if needed. Live in one, rent the other out (use the rent to help qualify for a loan) - or convert to a 1600+sq ft SFR which might increase the value. Large R2 Lot (40 x 144)with a spacious yard that provides ample off-street parking and storage. (Room for ADU - Check with City) Walking distance to public transportation, Convenient central location - Close to DTLA, USC, LAX, the New Inglewood Stadium, the upcoming Crenshaw Metro Line, etc. Clean property is in overall good condition. Tankless Water Heaters, Separate Alarm System, etc. Lots of possibilities here??!!

  • April, 2019

  • Apr 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $445,000

    Price

  • February, 2019

  • Feb 21, 2019

    Date

    Canceled

    CRMLS: 18417198

    $489,500

    Price

  • Dec 23, 2018

    Date

    Active

    CRMLS: 18417198

    $489,500

    Price

  • Listing provided courtesy of CRMLS

    Side by Side Side Single Level Duplex, - 1 BR and 1 Bath each - Surprisingly spacious with enough room to convert to 2 BR each if needed. Live in one, rent the other (use the rent to help qualify for a loan) - Or convert to a 1600 + sq ft SFR which might increase the value. Large R2 Lot (40 x 144) with a spacious yard that provides ample off-street parking and storage. (Room for ADU - Check with City) Walking distance to public transportation. Convenient central location - Close to DTLA, USC, LAX, the New Inglewood Stadium, the upcoming Crenshaw Metro Line, etc. Clean property is in overall good condition, Tankless Water Heaters, Separate Alarm System, etc. Lots of possibilities here??!!

  • August, 2018

  • Aug 31, 2018

    Date

    Canceled

    CRMLS: SR18062998

    $500,000

    Price

  • Jul 4, 2018

    Date

    Sold

    CRMLS: SR18062998

    --

    Price

  • May 24, 2018

    Date

    Active Under Contract

    CRMLS: SR18062998

    $500,000

    Price

  • May 7, 2018

    Date

    Active

    CRMLS: SR18062998

    $500,000

    Price

  • Mar 29, 2018

    Date

    Active Under Contract

    CRMLS: SR18062998

    $500,000

    Price

  • Mar 20, 2018

    Date

    Price Change

    CRMLS: SR18062998

    $500,000

    Price

  • Mar 19, 2018

    Date

    Active

    CRMLS: SR18062998

    $499,900

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET!!! Great Duplex in a Strong Rental Community. Perfect for an Investor or a Family to Live in One and Rent the Other. Each Unit contains 1 Bedroom, 1 Bathroom and an Assigned Parking Space. Please Do Not Disturb the Tenants. Showing with Appointment Only...

  • March, 2018

  • Mar 1, 2018

    Date

    Canceled

    CRMLS: SR18032348

    $499,900

    Price

  • Mar 1, 2018

    Date

    Hold

    CRMLS: SR18032348

    $499,900

    Price

  • Mar 1, 2018

    Date

    Active

    CRMLS: SR18032348

    $499,900

    Price

  • Mar 1, 2018

    Date

    Hold

    CRMLS: SR18032348

    $499,900

    Price

  • Feb 10, 2018

    Date

    Active

    CRMLS: SR18032348

    $499,900

    Price

  • Listing provided courtesy of CRMLS

    Great Duplex in a Strong Rental Community. Perfect for an Investor or a Family to Live in One and Rent the Other. Each Unit contains 1 Bedroom and 1 Bathroom. Please Do Not Disturb the Tenants. Showing with Appointment Only...

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Tax History for 5303 S Manhattan Pl

Assessed Value (2020): $453,900
Year Land Value Improved Value Assessed Value
2020 $306,000 $147,900 $453,900

Home Value Compared to the Market

This property vs the competition

5303 S Manhattan Pl is listed 48.26% lower than the median list price for the city of Los Angeles which has a median list price of $1,150,000. The median price per/sqft for Los Angeles is $754 and this home is listed at $356.93 per/sqft which puts the price per square foot 52.66% lower than the median price per square foot for the city of Los Angeles.

About 5303 S Manhattan Pl

Detailed summary of property

5303 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 1,667 living square feet, and sits on an approximately 5,767 square foot lot. 5303 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on March 14, 2023. The homeowner is currently asking $595,000. The median priced home in Los Angeles is $1,150,000 with a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 48.26% lower than the median priced home. Local competing homes currently for sale include 860 W 54th St, 820-822 W 61st St and 5871 Bonsallo Ave. While the average home in Los Angeles, CA is selling in 93 days, 5303 S Manhattan Pl has a days on market of 17 days. There are currently 2842 homes for sale in the Los Angeles real estate market and 1976 of them are single family homes while 796 of them are condos and 63 are townhomes. For more information on this home for sale at 5303 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 5303 S Manhattan Pl

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,664
Lot Size
5,766
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
77
APN
5005-026-009

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
$789,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$450
Total Inventory
39
Median Sale to List Price %
92.59%
Avg Days on Market
56
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (25%), Other (8.33%)

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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.