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644 Manhattan Place

Los Angeles, CA 90004

$2,675,000 Sale Price
Est. Payment: $ 0/mo
12
Bed
0
Bath
5,724 Sq. Ft.
$472 / Sq. Ft.
Sold

644 Manhattan Place

Los Angeles, CA 90004

Sold
$2,675,000 Sale Price
$0/mo
12
Bed
0
Bath
5,724
Sq. Ft.
644 N Manhattan is a luxurious new construction fourplex made up of two standalone 3-story duplexes in a prime East Hollywood location. This centrally located property is minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and all the action Hollywood has to offer. Property is in the final stages of construction, with completion estimated to be July 2018 This property provides investors an unbelievably high projected cap rate of 5.24%. In addition, to the high return, buyers will enjoy other valuable perks including: NO RENT CONTROL, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric. Between the fantastic location and the countless benefits of buying high quality new construction, purchasing this property is a savvy investment. The property units' pro forma rents of $3,700 & $3,900 are very conservative market rents. There are 12 parking spaces 2 per unit and 4 driveway.
PROPERTY INFORMATION
MLS # 19478968 Lot Size 6,258 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 2,700,000
Price Per SqFt: $ 472
DOM 2179 Days
Address 644 Manhattan Place Type Residential Income
City Los Angeles Sq.Ft. 5,724 Sq. Ft.
Postal Code 90004 Garage N/A
County Los Angeles Year Built 2019
Bed / Bath 12 / 0 Parking 8
Built In 2019 Status Closed
Sold Date 2019-09-25
INTERIOR FEATURES
Has Appliances Yes
Kitchen Appliances Microwave
Has Heating Yes
Heating Information Central
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $2,880
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/25/2019 Sold $2,675,000
07/03/2019 Listed $2,700,000
06/17/2019 Sold $2,700,000
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Listing provided courtesy of M Troy Soumis, Condosource. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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