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550 N Manhattan Pl, Los Angeles, CA 90004
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550 N Manhattan Pl Los Angeles, CA 90004

$1,330,000 Sold Price as of 03/16/2022
  • 11 Beds
  • 11 Baths
  • 2,358 Sq.Ft.
Sold
$1,330,000 Sold Price as of 03/16/2022 Refinance Your Mortgage
Map preview of 550 N Manhattan Pl, Los Angeles, CA 90004

Property Overview: 550 N Manhattan Pl Los Angeles, CA has 11 bedrooms, 11 bathrooms, 2,358 living square feet and 5,593 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Property in the heart of Los Angeles!! One 2 Bed + 2 Bath unit and Three 1 Bed +1 Bath unit. Second building is a storage unit that is not used by the Tenants. Close distance to freeways, restaurants, grocery stores, Korea town, Downtown, Hollywood, and many more.

Listed by Yongho Rho | BRE #01035466 | Max Mega Group
Co-listed by Helen Rho | BRE #01914263 | Max Mega Group
Last checked: 7 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,593
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21109017
City
Los Angeles
County
Los Angeles
Time on Site
897 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 550 N Manhattan Pl

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Concrete
Property Information
  • Total # of Units: 4
  • Parcel Number: 5522012010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Clinton St and Manhattan Pl (West of Western Ave + South of Melrose Ave)
View more facts & features

Local Los Angeles Agent

Sale History for 550 N Manhattan Pl

Last sold for $1,330,000 on March 16th, 2022

  • March, 2022

  • Mar 16, 2022

    Date

    Sold

    CRMLS: 21109017

    $1,330,000

    Price

  • Dec 1, 2021

    Date

    Active

    CRMLS: 21109017

    $1,350,000

    Price

  • July, 2021

  • Jul 19, 2021

    Date

    Active

    CRMLS: 21730112

    $1,350,000

    Price

  • Jul 9, 2021

    Date

    Active Under Contract

    CRMLS: 21730112

    $1,350,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 21730112

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment Property in the heart of Los Angeles!! One 2 Bed + 2 Bath unit and Three 1 Bed +1 Bath unit. Close distance to freeways, restaurants, grocery stores, Koreatown, Downtown, Hollywood, and many more.

  • February, 2020

  • Feb 17, 2020

    Date

    Canceled

    CRMLS: 19536552

    $2,250

    Price

  • Dec 14, 2019

    Date

    Active

    CRMLS: 19536552

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Easy to commute to Hollywood area and down town LA.

  • December, 2019

  • Dec 13, 2019

    Date

    Price Change

    CRMLS: 19516450

    $2,250

    Price

  • Oct 1, 2019

    Date

    Active

    CRMLS: 19516450

    $2,450

    Price

  • Listing provided courtesy of CRMLS

    Easy to commute to Hollywood area and down town LA.

  • August, 2018

  • Aug 15, 2018

    Date

    Sold

    CRMLS: 18358084

    $1,135,000

    Price

  • Jul 11, 2018

    Date

    Pending

    CRMLS: 18358084

    $990,000

    Price

  • Jun 22, 2018

    Date

    Active

    CRMLS: 18358084

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    *** LOCATION*** EASY TO COMMUTE TO HOLLYWOOD AREA AND DOWN TOWN L.A.. THE PROPERTY LOCATED NORTH OF KOREA TOWN. ALL TENANTS ARE COOPERATED. WELL MAINTAINED 4 UNITS PROPERTY. EASY TO MANAGE.

  • August, 2018

  • Aug 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,135,000

    Price

  • July, 2016

  • Jul 7, 2016

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

Show More

Tax History for 550 N Manhattan Pl

Assessed Value (2020): $1,157,700
Year Land Value Improved Value Assessed Value
2020 $749,700 $408,000 $1,157,700

Home Value Compared to the Market

This property vs the competition

550 N Manhattan Pl sold on March 16, 2022 for 13.45% 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 $572.52 per/sqft which puts the price per square foot 24.17% lower than the current median sale per square foot for the city of Los Angeles.

About 550 N Manhattan Pl

Detailed summary of property

550 N Manhattan Pl is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 11 bedrooms, 11 bathrooms, roughly 2,358 living square feet, and sits on an approximately 5,593 square foot lot. 550 N Manhattan Pl was first listed on ArdentRealEstateGroup.com on December 2, 2021. The homeowner sold the property for $1,330,000. 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 13.45% higher than the current median priced home. Local homes that are currently for sale include 1000 N Oxford Ave, 947 N Ardmore Ave and 957 N Ardmore Ave. While the average home in Los Angeles, CA is selling in 94 days, 550 N Manhattan Pl has a days on market of 15 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 550 N Manhattan Pl Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 550 N Manhattan Pl

Public county record property details
Beds
5
Baths
5
Year built
1922
Sq. Ft.
2,358
Lot Size
5,593
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
50
APN
5522-012-010

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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