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Los Angeles, CA

$1,850,000

139 S Manhattan, Los Angeles, CA
1921
Built
18
Days listed

About this home

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.

Facts & features

Interior
Cooling
Wall Window Units
Laundry
Inside
Levels
Two
Exterior & lot
Lot size
0.152 acres (6,637 sq ft)
Pool
None
View
City Lights
Year built
1921
Parking spaces
8
Community
Area
C 18 - Hancock Park-Wilshire
County
Los Angeles
Community features
Sidewalks, Urban
Listing details
Status
Active
Property type
Quadruplex
Days on market
18
Listed
2026-04-14
Terms
Cash, Conventional, Exchange 1031
Parcel #
5516025024
MLS #
DW26085689
Listed by
Annie Lee · Premier Realty

Location

Price history

Listed
$1,850,000 · 2026-04-14
Days on market
18
Current price
$1,850,000
Financing

Could this home be yours?

Estimated monthly payment
$11,605
$9,355 principal & interest · $2,251 taxes & insurance
$370,000
Estimate only
Loan $1,480,000

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Listing data provided by CRMLS

Listing courtesy of Premier Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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