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$4,850,000

  • Sold
  • Closed
  • Multi-Family
  • 25 Total Beds
See This Home
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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.

Full Property Details for 204 N Manhattan Pl

General

  • Sold For: $4,850,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25587109
  • Added to Site: 136 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 23

Bedrooms

  • Total Bedrooms: 25

Additional Information

  • Pool: Yes
  • Pool Description: In-Ground
  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Gated

Location

  • Area: Hancock Park-Wilshire
  • County: Los Angeles
  • Driving Directions: Located on the South East Corner of Manhattan & Council

Heating & Cooling

  • Cooling Type: Multi/Zone
  • Heating Type: Wall Electric, Electric

Utilities

  • Water: Public

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 12,628
  • Sq. Ft. Source: Owner
  • Year Built: 1961
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled
  • Other Struct. Feat.: Balcony

Unit Information

  • Units in Complex: 17
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 11

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 12

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 13

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.3287
  • Lot Size: 14319
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $435.14
  • Assessment Year: 1961

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5517-004-011

Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz
Sold by WIN Realty & Properties, Connie Kim

Listing agents

— 204 N Manhattan Pl —

  • Armin Soleimani

    Global Platinum Properties, Inc.

  • Julio Ruiz

    Global Platinum Properties, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 204 N Manhattan Pl

School District:Los Angeles Unified School District
NameGradesDistance
Van Ness Avenue Elementary School
501 North Van Ness Avenue, Los Angeles, CA 90004
K-50.5 mi
John Burroughs Middle School
600 McCadden Place, Los Angeles, CA 90005
7-81.7 mi
Fairfax Senior High School
7850 Melrose Avenue, Los Angeles, CA 90046
9-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 204 N Manhattan Pl

Date
Details
Price
Change
Source
12/26/2025
Sold
$4,850,000
-11.74%
MLS
9/03/2025
Listed
$5,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz
Sold by WIN Realty & Properties, Connie Kim

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204 N Manhattan Pl, Los Angeles, CA 90004 (MLS# 25587109) is a Multi-Family property that was sold at $4,850,000 on December 26, 2025. Want to learn more about 204 N Manhattan Pl? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.