5507 S Manhattan Place
Los Angeles, CA 90062 • 12 Bed • 8 Bath • 4,236 sq.ft.

Property summary

Calling all investors … Don’t miss this rare chance to own a fully upgraded 4-unit income property featuring two duplexes on a 6055 sq foot lot. The unique set up features one newly built and one beautifully updated Spanish classic. The rear duplex, built in 2024, offers two units with approx. 1,200 sq ft each, 3 bedrooms and 2 bathrooms. These modern units boast 16-ft ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems. The front Spanish-style duplex, built in 1923, retains its vintage charm while offering updated comfort. Each unit features 3 bedrooms and 2 bathrooms within approx. 918 sq ft, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof (2016) and electrical panel upgrade (2024). Copper plumbing runs throughout, and each unit has its own electric subpanel and independent electric meter, ensuring complete control over utilities. Centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, the upcoming Los Angeles Clippers Stadium, and more. A must-see income property in one of LA’s most dynamic and evolving neighborhoods. Perfect for investors seeking a turn-key, low-maintenance property with 50% of the units non-rent control. This turnkey investment is ideal for stable rental income and long-term growth.

Days on market: 21

Listing updated: May 26, 2025 - 04:29:05

Property details

Property ID
BB25100061
Size
4236 sq.ft.
Home Type
Residential
Year Built
2024
Property Size
0.139 acre
Garage
0
Levels
2
Spa
None
Patio
No
Basement
No
View
None
Pool
None

Listed by: Brenda Hailey DRE #02123620 888-652-1314, eXp Realty of Greater Los Angeles, Inc. - Burbank

Source: Burbank, MLS#: BH5345844 Originating MLS: CRMLS

Interior information

Rooms
Kitchen, Living Room
Bathrooms
8
Kitchen
Tankless Water Heater
Cooling
Central Air, Ductless
Heating
Central, Ductless
Flooring
Tile, Vinyl
Laundry
Washer Hookup, Gas Dryer Hookup, Inside
$1,699,999
Property price
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Revesty savings: $112K
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Est.: $6,800/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-06-06 12:43:48 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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