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Brand-New 16-Unit Apartment Building
For Sale
$6,250,000

222 N Manhattan PL, Los Angeles, CA 90004

New construction multifamily asset with modern finishes, elevator access, and secure underground parking.

Property Size14,908 SF
Days on Market355

Property Features for 222 N Manhattan PL

General Information

Standard status Active
Size 14,908 SF
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 16

Building Details

Building Size 14,908 SF
Year Built 2023
Listing Agency: Equity Union
Listed By: Gal Moshe · License #01999632
Source: Milsteinestates
Added: Aug 21, 2025 Changed: Aug 8 Last Checked: Aug 10 at 9:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Investment Insights

Based on property information with market context.

This brand-new 16-unit apartment building is designed for modern urban living, with contemporary interiors and premium finishes throughout. Residences include one two-bedroom layout, one studio, and fourteen one-bedroom units, supporting a range of tenants from individuals to small households. Interior details are highlighted by designer countertops, top-tier fixtures, and elegant hardwood flooring. Expansive windows bring in natural light, while higher ceilings help create an open feel within each home.

Located in Koreatown, Los Angeles, the property benefits from a central neighborhood setting at 222 N Manhattan Pl. The building includes a beautifully appointed lobby and elevator access to all floors, along with a convenient mailbox area for everyday entry and package handling. Parking is provided via secure underground parking, and a dedicated bike room offers storage for residents who cycle.

From an ownership or underwriting standpoint, this asset presents a turnkey, newly constructed residential income property with a clear unit mix and on-site amenities that support daily convenience. The presence of energy-efficient appliances and utilities is directly incorporated into the design, aligning with contemporary expectations for efficiency in multi-unit housing.

Key Highlights

  • 2023‑built 16‑unit apartment building with a unit mix of 14 one‑bedrooms, 1 studio, and 1 two‑bedroom
  • Elevator access to every floor plus a secured lobby and dedicated mailbox area
  • Secure underground parking for residents

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store Tanning Salon Veterinary Clinic Garden Center Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

2,706
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - New construction multifamily asset with modern finishes, elevator access, and secure underground parking.
Where is this apartment building located?
The property is located at 222 N Manhattan PL Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 2023‑built 16‑unit apartment building with a unit mix of 14 one‑bedrooms, 1 studio, and 1 two‑bedroom; Elevator access to every floor plus a secured lobby and dedicated mailbox area; Secure underground parking for residents
More about this property
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