5507 S Manhattan Place
Los Angeles, CA, 90062
$1,699,999
12 Beds
8 Baths
4,236 SqFt
0.14 Acres
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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.
LISTING AGENT: Brenda Hailey
LISTING BROKERAGE: eXp Realty of Greater Los Angeles, Inc.
5507 S Manhattan Place
Los Angeles, CA

Property Details

Price:
$1,699,999
MLS #:
BB25100061
Status:
Active
Beds:
12
Baths:
8
Address:
5507 S Manhattan Place
Type:
Single Family
Subtype:
Duplex
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Apr 21, 2025
State:
CA
Finished Sq Ft:
4,236
ZIP:
90062
Lot Size:
6,055 sqft / 0.14 acres (approx)
Year Built:
2024
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Schools

School District:
Los Angeles Unified

Interior

Accessibility Features
None
Appliances
None, Tankless Water Heater
Cooling
Central Air, Ductless
Fireplace Features
None
Flooring
Tile, Vinyl
Heating
Central, Ductless

Exterior

Community Features
Curbs, Sidewalks
Fencing
Chain Link, Redwood
Foundation Details
Slab
Garage Spaces
0.00
Green Energy Generation
Solar
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway – Brick
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Sewer Connected, Water Connected

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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