204 North Manhattan Place
Central LA, CA 90004 County: Los Angeles
11555 sq. ft. | Lot size: 14364 sq. ft.
Asking price: $5,750,000
Existing 17 Units cash flowing at 5% Cap Rate from day 1 with upside to 7.1% Cap Plans for 4 Detached ADUs to achieve 6.6% Current Cap Rate, 8.7% Proforma Cap, 289k/door after all costs Large unit mix of 6 (2bed/2bath) , 2 (2bed/1bath), and 9 (1bed/1bath) units including 3 newly-built attached ADUsPrime Hancock Park/Larchmont Village area . For more information on this listing please contact the listing agent, Armin Soleimani Realtor (310) 666-2246 arminsoleimani@gmail.com Lic: 01846872
Posted: 01/21/2024 9:47 am
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On HOMEiZ: 541 days |
Updated: 2 weeks ago |
Views: 1135
Apartment building / Low Rise / Garden Style / 1-3 stories high
$1,395,000
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