SoldDec 26, 2025

Listed by Armin Soleimani and Julio C Ruiz from Global Major Properties

Bought with Connie Kim

Source: Combined LA Westside Multiple Listing Service, Inc #25587109

204 N Manhattan Pl, Los Angeles, CA, 90004

$4,850,000

25
23
8
12628 sq. ft.
14319 sq. ft.

Other

22 days on the market

Sold: Dec 26, 2025

What's around 204 N Manhattan Pl

About this property

Price Reduction! Well maintained 17-unit building in prime Hancock Park/Larchmont Village area cash flowing at an amazing Current Cap Rate of 5.3% from day 1 with upside to 7.5% Cap Rate on Proforma. Approved RTI plans to add 4 detached ADUs to achieve a remarkable 7% Current Cap Rate, 9.2% Proforma Cap Rate, and only 277k/door after taking into account all constructions costs (~340k assuming $250/SF). Large unit mix of 6 (2bed/2bath) units, 2 (2bed/1bath) units, and 9 (1bed/1bath) units including 3 newly-built attached ADUs. Select 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 parking 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.

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Other properties sold by Global Major Properties

SoldJul 16, 2026
$2,450,000
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4
3
6
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Listing courtesy of Pinnacle Estate Properties, In and Global Major Properties
SoldJul 1, 2026
$1,650,000
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Los Angeles CA 90006
3
8
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Listing courtesy of Global Major Properties
SoldJun 22, 2026
$150,000
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Land
Listing courtesy of Global Major Properties and Sharpstone Realty, Inc.

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