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Listed by Cynthia Burts, DRE #01134271 • Burts & Associates
$ 6,249,000
Est. payment /mo
New
222 N Manhattan Los Angeles, CA 90004
6,895 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26179746
Year Built 1917
Lot Size 6,895 Sqft
Source California Regional MLS
Property Description
Motivated Seller - Bring Offers. No City of Los Angeles Rent Control. Burts & Associates is proud to present 222 N. Manhattan Place, an exceptional opportunity to acquire a 16-unit, 2023-built multifamily property in a central Los Angeles location. The property offers investors the benefits of newer construction, modern building systems, contemporary design, and limited near-term capital expenditure requirements. The building features a desirable unit mix consisting of 14 one-bedroom units, one two-bedroom unit, and one studio. The residences offer thoughtfully designed floor plans with contemporary interiors, modern kitchens and bathrooms, high ceilings, hardwood-style flooring, stainless steel appliances, in-unit laundry, and private balconies in select units. The larger floor plans and modern finishes provide an attractive residential offering for today's Los Angeles renter. Building amenities include 12 subterranean parking spaces, 18 bicycle parking spaces, elevator service, controlled access, and separately metered utilities. The property's newer construction and efficient building systems provide ownership with a lower-maintenance multifamily investment compared with much of Los Angeles' older apartment inventory. Ideally situated near Koreatown, Larchmont Village
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Laundry Gas Hookup, 30, Other, 38
Exterior
Parking Features Gate / Door Opener, Off-Street Parking, Underground Parking
Garage Spaces 12.0
Pool None
Building
Lot Description Grade - Level, Paved
Water District - Public
Others
Tax ID 5517004014
Special Listing Condition Not Applicable
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