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722 S Manhattan Place
USD 4,950,000
icon USA, 722 S Manhattan Place
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icon 7501 SqFt
icon 9 Bedrooms
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icon Built in 1936
icon USD 660 / SqFt
icon 0 Full
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Cissy Tang
tel : (+1)626 9868 621
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Detailed Introduction Of This Property
We are pleased to present a nineteen (19) unit apartment building located at 722 S Manhattan Place in Los Angeles, California. The subject property is located in a prime Koreatown location south of Wilshire Boulevard and west of S Western Avenue. Built in 1936, this property contains a great unit mix of twelve (12) studio / one-bathroom units, five (5) one-bedroom / one-bathroom units, and two (2) two-bedroom / two-bathroom units. Three (3) of the studios are ADU units, one (1) completed with CoO and two (2) in progress. The property is gated and secure with character, French Normandy style architecture in an area that is surrounded by new construction just south of Wilshire Boulevard. Tenants will love living in the heart of Koreatown; just down the street from some of the trendiest retail, restaurant, and entertainment amenities in Los Angeles. The neighboring properties include a new construction 160-unit complex with luxury amenities, and a vacant lot with permits in progress for a new 60-unit, 59,666 SF 7-story edifice. Situated in a prime Koreatown location, this offering presents an excellent opportunity for any investor to capitalize on a rare, mid-size residential asset with interest only assumable financing at an attractive 5.09% interest rate in one of the trendiest markets of Los Angeles.
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Property Details
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Property Details
Bedrooms 9
Bathrooms -- Full / -- Half
Interior Size --
Garage spaces --
Exterior features --
Home Type
Architectural style --
Year built 1936
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Cissy Tang
tel : (+1)626 9868 621 icon
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