139 S Manhattan, Los Angeles, California 90004

  • $1,850,000
139 S Manhattan, Los Angeles, CA 90004
Active
139 S Manhattan, Los Angeles, California 90004
139 S Manhattan, Los Angeles, CA 90004
  • $1,850,000

Description

Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential. The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time. Offered at $1, 850, 000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors. A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.

  • Address 139 S Manhattan
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90004
  • Country US

Details

Updated on May 11, 2026 at 5:57 am
  • Property ID: DW26085689
  • Price: $1,850,000
  • Property Size: 5204 Sqft
  • Land Area: 0.1524 Acres
  • Garages: 8.0
  • Year Built: 1921
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Sidewalks, Urban

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman