222 N Manhattan, Los Angeles, CA 90004
222 N Manhattan, Los Angeles, CA 90004
222 N Manhattan, Los Angeles, CA 90004
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$6,249,000
Est. payment /mo
6,895 Sqft Lot
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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26179746

HOA Y/N No

Year Built 1917

Lot Size 6,895 Sqft

Property Sub-Type Apartment

Property Description

Motivated Seller - Bring Offers. No City of Los Angeles Rent Control. Burts & Associates is proud to present 222 N. Manhattan Place, an exceptional opportunity to acquire a 16-unit, 2023-built multifamily property in a central Los Angeles location. The property offers investors the benefits of newer construction, modern building systems, contemporary design, and limited near-term capital expenditure requirements.

The building features a desirable unit mix consisting of 14 one-bedroom units, one two-bedroom unit, and one studio. The residences offer thoughtfully designed floor plans with contemporary interiors, modern kitchens and bathrooms, high ceilings, hardwood-style flooring, stainless steel appliances, in-unit laundry, and private balconies in select units. The larger floor plans and modern finishes provide an attractive residential offering for today's Los Angeles renter.

Building amenities include 12 subterranean parking spaces, 18 bicycle parking spaces, elevator service, controlled access, and separately metered utilities. The property's newer construction and efficient building systems provide ownership with a lower-maintenance multifamily investment compared with much of Los Angeles' older apartment inventory.

Ideally situated near Koreatown, Larchmont Village, Hollywood, and Downtown Los Angeles, 222 N. Manhattan Place provides convenient access to major employment centers, restaurants, shopping, entertainment, and public transportation. The combination of 2023 construction, modern amenities, efficient operations, on-site parking, and a strong central Los Angeles location makes the property an attractive opportunity for an investor seeking a high-quality, newer-construction multifamily asset.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Controlled Entrance, Underground, Garage, Garage Door Opener, Gated, Off Street, Tandem

Garage Spaces 12.0

Garage Description 12.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Total Parking Spaces 12

Private Pool No

Building

Lot Description Landscaped, Level, Paved, Rectangular Lot, Sprinkler System

Story 4

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5517004014

Energy Description 3720.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Cynthia Burts Burts & Associates 310-308-8003, DRE #01134271

NEARBY SCHOOL & BUSINESS

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