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    5507 S Manhattan Pl Los Angeles, CA 90062

    For Sale
    $1,625,000

    Quadruplex - Los Angeles, CA

    Type:Quadruplex
    Property size:
    4,236 SF
    Lot size:
    6,055.00 Acres
    Days on Market:
    100
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 5507 S Manhattan Pl

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
    Bedrooms
    12
    Bathrooms
    8
    APN
    5505025026
    Parking
    4
    Interior features
    None
    Exterior features
    Fence, Community Features Included: Gutters, Sidewalks, Rain Gutters, 0-1 Unit/Acre
    Fencing
    Fenced
    Appliances
    Range
    Size
    4,236 SF
    Lot size
    6,055.00 Acres

    Utilities

    Heating system
    Central, Ductless (Heating)
    Cooling system
    Central Air, Ductless

    Building Details

    Year built
    2024
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Vinyl
    Building materials
    Stucco
    Roof type
    Shingle
    Architectural style
    Other

    eXp Realty of Greater Los Angeles, Inc (888) 652-1314 [email protected]

    Listing agent Brenda Hailey (888) 652-1314 License #02123620

    Listing date Sep 4, 2025

    MLS# BB25199346 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Upgraded Los Angeles Quadruplex Investment

    This Los Angeles investment property features two duplexes on a 6,055 square foot lot. One duplex was newly built in 2024, while the other is a renovated Spanish-style classic. The property has a cap rate of 7.33% and a gross rent multiplier (GRM) of 10.7. The rear duplex contains two units of approximately 1,200 square feet each, featuring 3 bedrooms and 2 bathrooms. These modern units include 16-foot ceilings, recessed lighting, wide plank vinyl flooring, dual-pane windows, tankless water heaters, in-unit washer/dryer hookups, fully paid-off solar panels, and fire suppression systems. The front Spanish-style duplex, built in 1923, offers updated comfort while retaining its vintage charm. Each of its units features 3 bedrooms and 2 bathrooms within approximately 918 square feet, with new vinyl flooring, upgraded countertops, and in-unit laundry hookups. Additional improvements include a new roof installed in 2016 and an electrical panel upgrade in 2024. Copper plumbing runs throughout. Each unit has its own electric subpanel and independent electric meter. The property is centrally located near shopping malls, major freeways, Park Mesa Heights, SOFI Stadium, Downtown LA, USC, Crypto Arena, and the upcoming Los Angeles Clippers Stadium. The property is a turnkey, low-maintenance investment with 50% of the units not subject to rent control.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.31028
    Latitude
    33.9921

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    FAQs

    What type of property is this?
    Quadplex - Four-unit income property with strong returns and long-term appreciation potential.
    Where is this quadplex located?
    The property is located at 5507 S Manhattan Pl Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,625,000.
    What are key features of this property?
    This property features: - High-return investment: 7.33% cap rate and a 10.7 gross rent multiplier (GRM).; - Fully upgraded 4-unit property: newly built duplex (2024) and renovated Spanish-style duplex.; - Income-generating asset: turnkey property with 50% of the units non-rent control.
    (888) 652-1314
    Request Owner's contact information
    5507 S Manhattan Pl Los Angeles, CA 90062
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    Los Angeles, CA 90062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5507 S Manhattan Pl Los Angeles, CA 90062
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