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 RealtyThe 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.
Courtesy of Premier Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address139 S Manhattan Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
