#SR25091919, Shirley Pezeshki, Listing office: Gold Star Realty
#BB25087688·
Listing office: eXp Realty of Greater Los Angeles, Inc.·
Listing agent: Brenda Hailey·
Listing office phone: 310-266-9890
$1,650,000 List price
5507 S Manhattan Pl Los Angeles, CA 90062
0.1 acres
Multi-Family
Property details
About 5507 S Manhattan Pl
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. This property is one of three 4-unit properties available in the investment portfolio—offering great opportunity for buyers looking to invest in multiple income-generating assets.
Highlights
Home typeQuadruplex
HeatingCentral, Ductless
StatusActive
CoolingCentral Air, Ductless
Lot size0.139 Acres
Year built2024
MLS #BB25087688
Summary
- Appliances: Tankless Water Heater
- Flooring Type: Tile, Vinyl
- Fireplace: None
- Private Pool: No
- Heating: Central, Ductless
- Cooling: Central Air, Ductless
- List Price: $1,650,000
- HOA Amount: $0
- Annual Tax Amount: $8,388
- Tax Year: 2024
- Directions: West of Western Avenue / North of Slauson Avenue
- Year Built: 2024
- Stories: 2
- Lot Size: 0.139 Acres
- MLS Number: BB25087688
- MLS Name: CRMLS
- Office Name: eXp Realty of Greater Los Angeles, Inc.
- Office Phone: (310) 266-9890
- Listing Agent: Brenda Hailey
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: 7/13/2025, 12:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 20, 2021 | Home Sold | $645,000 |
| Jul 10, 2012 | Home Sold | $335,000 |
| Mar 23, 2010 | Home Sold | $177,000 |
| Oct 22, 2007 | Home Sold | $561,500 |
| Aug 03, 2007 | Home Sold | $401,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $671,058 | $8,388 |
| 2023 | $657,900 | $8,232 |
| 2022 | $645,000 | $7,857 |
| 2021 | $381,105 | $4,802 |
| 2020 | $377,198 | $4,663 |
| 2019 | $369,803 | $4,577 |
| 2018 | $362,553 | $4,482 |
| 2017 | $355,445 | $4,482 |
History based on county public records data.
Nearby schools
4
Western Avenue Elementary
Public Magnet KG-5
0.2 mi
•1724 W 53rd St
3
59th Street Elementary School
Public District KG-5
0.7 mi
•5939 2nd Ave
3
Angeles Mesa Elementary
Public District KG-5
0.7 mi
•2611 W 52nd St
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 $26,333. Typical income of Los Angeles, CA residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
58%
<35k
34%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
28%
Single, with Kids
10%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5507 S Manhattan Pl
The listing price of 5507 S Manhattan Pl property is $1,650,000.
The property 5507 S Manhattan Pl is a multi located in Los Angeles, California, 90062.
Active Listing: 5507 S Manhattan Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5507 S Manhattan Pl are: Western Avenue Elementary (GreatSchools Rating 4/10), 59th Street Elementary School (GreatSchools Rating 3/10), Angeles Mesa Elementary (GreatSchools Rating 3/10), Barack Obama Global Preparation Academy (GreatSchools Rating 2/10), Horace Mann UCLA Community School (GreatSchools Rating 4/10), John Muir Middle School (GreatSchools Rating 2/10), La's Promise Charter High #1 (GreatSchools Rating 6/10), Alliance Ouchi-O'Donovan 6-12 Complex (GreatSchools Rating 5/10), Whitney Young Continuation (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,388 (source: MLS/based on county public records data).
The last sale was on September 20, 2021 for $645,000 (source: MLS/tax record).
The year of construction for 5507 S Manhattan Pl is 2024.
This home is located at 5507 S Manhattan Pl in Los Angeles, CA and zip code 90062 in the Chesterfield Square neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 6, 2025 and is currently priced at $1,650,000.
In June 2025 more than 282 listings in Los Angeles, CA were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 339 were sold below. The number of homes for sale in Los Angeles, CA increased by 9% between May and June 2025. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.
From Rocket Homes Real Estate and based on county public records data.