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Residential Property with Redevelopment Potential
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5302 S Manhattan, Los Angeles, CA 90062

Residential property with expansion and redevelopment possibilities in Los Angeles.

Property SizeContact for details
Days on Market215

Property Features for 5302 S Manhattan

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 2
Stories 2
Units 2
Listing Agency: TRT CAPITAL
Listed By: Arturo Aleman · License #01152324
Source: Crexi
Added: Jan 6 Changed: Aug 8 Last Checked: Jul 15 at 9:59PM

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 TRT CAPITAL

Investment Insights

Based on property information with market context.

This property presents opportunities for first-time buyers and investors, with potential for expansion of the existing square footage or redevelopment, including the possibility of constructing apartments. Interested parties are advised to confirm all development possibilities with the city. The front residence includes three bedrooms and two bathrooms. The rear unit features one bedroom, one bathroom, and a four-car garage. The property is located with convenient access to businesses, supermarkets, and other amenities.

Key Highlights

  • Potential for redevelopment, including building apartments (buyer to verify with city).
  • Opportunity to expand existing square footage.
  • Front residence boasts 3 bedrooms and 2 bathrooms.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Spa & Massage Center Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

1,352
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Residential property with expansion and redevelopment possibilities in Los Angeles.
Where is this multifamily property located?
The property is located at 5302 S Manhattan Los Angeles, CA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Potential for redevelopment, including building apartments (buyer to verify with city).; Opportunity to expand existing square footage.; Front residence boasts 3 bedrooms and 2 bathrooms.
(626) 890-9783 Call to check price and availability
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