Stacey Alysson Melman

139 S Manhattan Los Angeles CA 90004 MLS #DW26085689

139 S Manhattan
Los Angeles, CA, 90004
$1,850,000
Beds
0 Baths
0 SqFt
0.15 Acres
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MLS #DW26085689 image #0
Exceptional 4-unit investment opportunity in one of Los Angeles’ most desirable rental pockets, ideally located just minutes from Hancock Park, Windsor Square, and Larchmont Village. Situated in a highly sought-after neighborhood with strong and consistent tenant demand, this property offers an attractive combination of stable current income and significant upside potential.

The property consists of four spacious 3-bedroom units, including one 3-bedroom, 2.5-bath unit and three 3-bedroom, 2-bath units—an excellent unit mix that appeals to families and long-term tenants. Current rents provide immediate cash flow, while below-market leases offer investors the opportunity to increase income over time.

Offered at $1,850,000, the property is projected to achieve approximately a 5.5% pro forma cap rate, making it a compelling value-add opportunity in a high-demand Los Angeles location. Conveniently located near Wilshire Country Club, Koreatown, Downtown LA, Hollywood, and major transportation corridors.

A rare chance to acquire a well-located multifamily asset with large units, strong rental demand, and meaningful upside in one of Los Angeles’ most established and appreciating neighborhoods.
AGENT: Annie Lee
LISTING BROKERAGE: Premier Realty
139 S Manhattan
Los Angeles, CA

Property Details

Price:
$1,850,000
MLS #:
DW26085689
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c18hancockparkwilshire
Listed Date:
Apr 22, 2026
Total Sq Ft:
5,204
Lot Size:
6,637 sqft / 0.15 acres (approx)
Year Built:
1921
C18 – Hancock Park-wilshireC18hancockparkwilshireCity Lights
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Schools

Interior

Cooling
WW
Laundry Features
IN
Levels
U

Exterior

Common Walls
_2CW
Community Features
SDW, URB
Garage Spaces
8
Parking Spots
8
Parking Total
8
View
CI

Financial

Gross Operating Income
$106,704
Net Operating Income
$75,164

Map

Community

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