Neema Ahadian, Listing Office: Marcus & Millichap
#25482069·
Listing Office: Global Platinum Properties, Inc.·
Listing Agent: Armin Soleimani·
Listing Office Phone: 424-394-1030
204 N Manhattan Pl Los Angeles, CA 90004
$5,250,000 List price
25 beds
23 baths
12,628 sqft
0.3 acres
$416 / sqft
House
Property details
About 204 N Manhattan Pl
Well-maintained 17-unit building cash flowing at an amazing Current Cap Rate of 5.6% and 12.5 GRM from day 1 with an incredible 32% upside to 8% Cap Rate and 9.5 GRM on proforma in prime Hancock Park/Larchmont Village area. Excellent and large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 brand-new (1bed/1bath) ADUs. Additionally, 4 of the units have been renovated and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, and major exterior capital improvements. Amenities include a renovated pool and courtyard with seating areas, on-site laundry facilities, secure entry, and covered parking spaces for convenience. Individually metered for gas & electricity with soft-story retrofit already completed. Large 14,364 SF R3 TOC Tier 3 corner lot for future development potential. Located in the heart of Hancock Park just minutes away from Larchmont Village, Koreatown, Hollywood, and Melrose as well as many hip neighborhood attractions, restaurants, bars, and shops such as Wilshire Country Club, Paramount Studios, H Mart, Levain Bakery, Salt & Straw, and Great White, popping up all around the area.
Highlights
Home typeOther
HeatingWall Furnace
StatusActive
Size12,628 sqft
Lot size0.3287 Acres
Year built1961
ParkingAttached Carport
MLS #25482069
Attached garageYes
Summary
- MLS Number: 25482069
- MLS Name: CRMLS
- Office Name: Global Platinum Properties, Inc.
- Office Phone: (424) 394-1030
- Listing Agent: Armin Soleimani
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$5,250,000
204 N Manhattan Pl
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 19, 2013 | Home Sold | $2,350,000 |
| Jul 03, 2002 | Home Sold | $1,000,000 |
| Mar 13, 1998 | Home Sold | $580,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $2,668,079 | $33,509 |
| 2020 | $2,640,079 | $32,545 |
| 2019 | $2,588,314 | $32,223 |
| 2018 | $2,537,564 | $31,472 |
| 2017 | $2,487,809 | $31,472 |
History based on county public records data.
Nearby schools
7
Kim Elementary School
Public District KG-5
0.3 mi
•225 S Oxford Ave
5
Harvard Elementary
Public District KG-5
0.4 mi
•330 N Harvard Blvd
6
Cahuenga Elementary School
Public District KG-5
0.4 mi
•220 S Hobart Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,875. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
48%
35k-100k
13%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Art Museums
Where do the neighbors shop?
Banana Republic
H&M
Bloomingdales
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Starbucks
What do the neighbors drive?
Toyota
Volkswagen
Audi
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
Similar homes for sale
Priscilla Nee, Listing Office: CB Richard Ellis, Inc.
Frequently asked questions
About 204 N Manhattan Pl
This home is located at 204 N Manhattan Pl in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 12,628 square foot home, which was built in 1961, sits on a 0.33 acre lot. Features: 25 bedrooms, 23 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $5,250,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.