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    2631 S Manhattan Place

    Los Angeles (City), CA 90018
    • $1,490,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: TR21165496
    UPDATED: 46 min ago
    $1,490,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    1924 Spanish Revival Style quadruplex located in the Jefferson Park neighborhood of Los Angeles. Near the intersection of Western Avenue and Adams Blvd. With great proximity to Koreatown (about 1.5 miles), USC (about 1.25 miles), and easy access to the 10 Freeway. All (4) units are about 1,300 SF with (2) Bedrooms and (1) Bathroom each for a total of 5,226 SF total. Lot size is 6,525 SF based on the assessors information. There are (5) carports in the rear of the property accessible through a driveway on the north side of the property. Each unit features aspects of the Spanish Revival Style with wooden ceiling beams and trusses along with colorful tilework from that era. A large fireplace can also be found in each unit anchoring the living room to continue the warm rustic appeal. Units are under rent control and one unit is rented thru Section 8 program. Property is to be sold "AS IS" condition. Please DO NOT disturb tenants. Drive by only. Seller is participating in a 1031 Exchange at no cost to the buyer. Property will only be shown upon acceptance of offer. Please present your offer subject to inspection and approval.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T23:26:36.357. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/119810211
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    2631 S Manhattan Place Los Angeles (City), CA 90018

    • Price: $1,490,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: TR21165496
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1924
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    1924 Spanish Revival Style quadruplex located in the Jefferson Park neighborhood of Los Angeles. Near the intersection of Western Avenue and Adams Blvd. With great proximity to Koreatown (about 1.5 miles), USC (about 1.25 miles), and easy access to the 10 Freeway. All (4) units are about 1,300 SF with (2) Bedrooms and (1) Bathroom each for a total of 5,226 SF total. Lot size is 6,525 SF based on the assessors information. There are (5) carports in the rear of the property accessible through a driveway on the north side of the property. Each unit features aspects of the Spanish Revival Style with wooden ceiling beams and trusses along with colorful tilework from that era. A large fireplace can also be found in each unit anchoring the living room to continue the warm rustic appeal. Units are under rent control and one unit is rented thru Section 8 program. Property is to be sold "AS IS" condition. Please DO NOT disturb tenants. Drive by only. Seller is participating in a 1031 Exchange at no cost to the buyer. Property will only be shown upon acceptance of offer. Please present your offer subject to inspection and approval.
    Exterior Features

    Architectural Style Spanish Carport Spaces 5 Carport YN Yes Lot Features 2-5 Units/AcreNear Public TransitSloped UpWalkstreet Number Of Separate Electric Meters 5 Parking Features CarportDetached CarportDrivewayPaved Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Roof Tile Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Accessibility Features Parking Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Flooring Laminate Interior Features Instant Hot Water

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Storm Drain(S) Electric Electricity - On Property Electric Expense 2400 Fuel Expense 0 Garage YN No Gross Income 64920 Gross Scheduled Income 64920 Insurance Expense 2018 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 2400 Net Operating Income 44413 New Construction YN No New Taxes Expense 11121 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20507 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGas Total Actual Rent 5410 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 2568 Water Source Public

    Listing provided courtesy of Larry Tran of L T Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-27T23:26:36.357. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
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    Brandon Hobbs Group | Compass
    341 Bayside Drive
    Newport Beach CA, 92660