460 S Manhattan Place
Los Angeles, CA 90020
8,657 SF
Lot Size: 8602 sq.ft.
Year Built: 1923
Stories: 1
MLS# 20666196
Neighborhood: HPK - Hancock Park
Active | Offered at $2,550,000

Troy Palmquist

DRE# 01772139

Property Description

We are proud to present this value-add opportunity in Koreatown. The 5-unit building is located on a hard corner on Manhattan Place just west of Western Avenue and south of 3rd Street. The Letter of Determination is approved for a 30-unit site featuring 7 affordable units on the LAR4 zoned lot. That breaks down to $90,000 per buildable unit.

Features & Amenities

Appliances: Refrigerator
Listing Provided By
David Kaufman, David Ballin Kaufman
Based on information from California Regional Multiple Listing Service, Inc. as of March 5, 2021. 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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