204 N Manhattan Place
Los Angeles, CA 90004
Map
- – beds
- – baths
- – sqft
- 14,319 sqft lot
- 1961 build
- – on site
Well maintained 17-unit building in prime Hancock Park/Larchmont Village area cash flowing at an amazing Current Cap Rate of 5% from day 1 with upside to 7.1% Cap Rate on Proforma. Preliminary plans to add 4 detached ADUs to achieve a remarkable 6.6% Current Cap Rate, 8.7% Proforma Cap Rate, and only 289k/door after taking into account all constructions costs (~340k assuming $250/SF). Large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 newly-built attached ADUs. Select units have been renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements.Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and parking for convenience. Individually metered for gas & electricity with soft-story retrofit already completed. Large 14,364 SF R3 TOC Tier 3 corner lot for future development potential. Located in the heart of Hancock Park just minutes away from Larchmont Village, Koreatown, Hollywood, and Melrose as well as many hip neighborhood attractions, restaurants, bars, and shops such as Wilshire Country Club, Paramount Studios, H Mart, Levain Bakery, Salt & Straw, and Great White, popping up all around the area.
Last checked:
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Last updated Jun 17, 2025
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MLS# 25553225 —
The Building
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Year Built:1961
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New Construction:No
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Building Area Total:12628.00
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Total Number Of Units:17
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:Located on the South East Corner of Manhattan & Council
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Latitude:34.07479000
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Longitude:-118.30993000
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:14319.0000
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Lot Size Acres:0.3287
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Lot Size SqFt:14319.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5517004011
Heating & Cooling
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Heating:1
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Heating:Electric
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Gated
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/16/25
Jun 16, 2025
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Listed / Active | CRMLS_CA | $5,750,000 | |
|
1/13/25
Jan 13, 2025
|
Listed / Active | CRMLS_CA | ||
|
10/4/24
Oct 4, 2024
|
Listed / Active | CRMLS_CA |
