460 S. Manhattan Pl., Los Angeles, CA 90020 - 19472256 - iPro Real Estate
iPro Real Estate

iPro Real Estate

460 S. Manhattan Pl.
Los Angeles, CA 90020

Active, Multi-Family/Income Sale

For Sale

$2,550,000 $0.01 per sqft

Free Professional CMA

Listing ID : 19472256

  • Beds

    4
  • Lot Size

    7500 Acre
  • Year

    1923

Description

We are proud to present this value add opportunity in Koreatown. The five unit building is located on a hard corner on Manhattan Place just west of Western Avenue and south of 3rd Street. The Letter of Determination is approved for a 30 unit site featuring 7 affordable units on the LAR4 zoned lot. That breaks down to $90,000 per build-able unit.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5503015011
Days on Market: 1,329 
Number of Units: 5 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR4 

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Interactive

34.065491 -118.309998 $2,550,000 19472256
460 S. Manhattan Pl., Los Angeles, CA 90020
Directions to here from:

Area Information 90020

Population:

37,810 Up .02% since 2010
Average Income:
$78,207
Average Age:
36Years
Gender:
49.43%Male
50.57%Female
Households:
16,26422.05% with children
Average Value:
$1,433,430
Occupancy:
7.61%Owned
92.39%Rented
7.9%Vacant
Education:
20.07%High School
5.86%Associate
31.18%Bachelor
8.72%Graduate
Average Residency:
20Years
Crime Rate:
Above Average
Annual Rainfall:
15.08Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $1,938,000
  • Improvements $367,200

  • Total $2,305,200

Property Tax

  • 2022 $28,282

History

Date Transaction Price Mortgage Amt & Lender
Date
Jan 20, 2023
Transaction
Sold - Residential Lease23-232437
Price
$2,600
Mortgage Amt & Lender
- -
Date
Jul 08, 2022
Transaction
Expired - Land316003451
Price
$3,500,000
Mortgage Amt & Lender
- -
Date
Mar 24, 2021
Transaction
Sold - Residential Income20-666196
Price
$2,260,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by David Kaufman with David Ballin Kaufman