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5715 S Manhattan Pl, Los Angeles, CA 90062
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5715 S Manhattan Pl Los Angeles, CA 90062

$769,000 Sold Price as of 03/28/2024
  • 4 Beds
  • 2 Baths
  • 1,768 Sq.Ft.
Sold
$769,000 Sold Price as of 03/28/2024 Refinance Your Mortgage
Map preview of 5715 S Manhattan Pl, Los Angeles, CA 90062

Property Overview: 5715 S Manhattan Pl Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,768 living square feet and 6,056 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA location! Welcome to this impressive duplex that promises amazing potential for investors or owner occupants. Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park and with easy access to the 110 FWY and Inglewood, this property offers convenience and additional income streams. One unit is newly renovated and will be delivered fully vacant, making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This property sits on an expansive lot, providing ample space for future development. The seller will include plans to build an additional 2 bed/2 bath unit, opening up possibilities for even greater income potential. With its prime location and supplemental rental potential, this investment property is a rare find that savvy investors won't want to miss. Whether you're looking to expand your real estate portfolio or explore new income opportunities, this property offers a solid foundation for success. 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, 5166 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: 8 minutes ago | Last updated: March 28th, 2024 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
6,056
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24347887
City
Los Angeles
County
Los Angeles
Time on Site
117 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,133
  • Total Rent: $1,133
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.18%
  • Gross Rent Multiplier: 12.81
  • Gross Scheduled Income: --
  • Net Operating Income: $56,667
  • Gross Operating Income: $64,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5715 S Manhattan Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Fireplace Information
  • Has Fireplace
  • Decorative
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Range, Oven
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Uncovered, Gated
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5005024020
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
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 5715 S Manhattan Pl

Last sold for $769,000 on March 28th, 2024

  • March, 2024

  • Mar 28, 2024

    Date

    Sold

    CRMLS: 24347887

    $769,000

    Price

  • Jan 17, 2024

    Date

    Active

    CRMLS: 24347887

    $789,000

    Price

  • January, 2024

  • Jan 15, 2024

    Date

    Expired

    CRMLS: 23291107

    $789,000

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: 23291107

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic Investment Opportunity in a prime South LA location! Welcome to this impressive duplex that promises amazing potential for investors or owner occupants. Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park and with easy access to the 110 FWY and Inglewood, this property offers convenience and additional income streams. One unit is newly renovated and will be delivered fully vacant, making it an ideal opportunity for an owner-occupant looking to supplement their mortgage. This property sits on an expansive lot, providing ample space for future development. The seller will include plans to build two additional 2 bed/2 bath units, opening up possibilities for even greater income potential. With its prime location and supplemental rental potential, this investment property is a rare find that savvy investors won't want to miss. Whether you're looking to expand your real estate portfolio or explore new income opportunities, this property offers a solid foundation for success. 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, 5166 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

  • November, 2018

  • Nov 13, 2018

    Date

    Sold

    CRMLS: CV18238061

    $515,000

    Price

  • Oct 18, 2018

    Date

    Pending

    CRMLS: CV18238061

    $550,000

    Price

  • Oct 1, 2018

    Date

    Active

    CRMLS: CV18238061

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    nice beautiful duplex each unit has two bedrooms and one bath. parking in rear can accomdate 10-12 vehicles

  • November, 2018

  • Nov 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $515,000

    Price

  • April, 2001

  • Apr 26, 2001

    Date

    Sold (Public Records)

    Public Records

    $175,000

    Price

Show More

Tax History for 5715 S Manhattan Pl

Assessed Value (2020): $525,300
Year Land Value Improved Value Assessed Value
2020 $420,240 $105,060 $525,300

Home Value Compared to the Market

This property vs the competition

5715 S Manhattan Pl sold on March 28, 2024 for 33.7% lower 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 $446.27 per/sqft which puts the price per square foot 40.89% lower than the current median sale per square foot for the city of Los Angeles.

About 5715 S Manhattan Pl

Detailed summary of property

5715 S Manhattan Pl is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,768 living square feet, and sits on an approximately 6,056 square foot lot. 5715 S Manhattan Pl was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner sold the property for $769,000. 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 33.7% lower than the current median priced home. Local homes that are currently for sale include 1728 W 64th St, 2150 W 62nd St and 4700 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 93 days, 5715 S Manhattan Pl has a days on market of 38 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 5715 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 5715 S Manhattan Pl

Public county record property details
Beds
4
Baths
2
Year built
1923
Sq. Ft.
1,768
Lot Size
6,055
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
809
APN
5005-024-020

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
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Homes for Sale Near 5715 S Manhattan Pl

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Recently Sold Homes Near 5715 S Manhattan Pl

5718 S Manhattan Pl, Los Angeles, CA 90062
$500,000 Last Sold Price
4 Beds
2 Baths
1800 Sq.Ft.
5718 S Manhattan Pl
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5604 S Manhattan Pl, Los Angeles, CA 90062
$730,000 Last Sold Price
3 Beds
3 Baths
2102 Sq.Ft.
5604 S Manhattan Pl
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5718 S St Andrews Pl, Los Angeles, CA 90062
$475,000 Last Sold Price
2 Beds
2 Baths
1700 Sq.Ft.
5718 S St Andrews Pl
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5610 S St Andrews Pl, Los Angeles, CA 90062
$1,200,000 Last Sold Price
7 Beds
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3500 Sq.Ft.
5610 S St Andrews Pl
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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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