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Fully Entitled Multifamily Development
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975 S Manhattan Place, Los Angeles, CA 90019

Fully entitled multifamily project proposed for 95 units with a gross building area of approximately 103,390 square feet.

Property Size103,390 SF
Days on Market122

Property Features for 975 S Manhattan Place

General Information

Standard status Active
Size 103,390 SF
Class A
Property subtype Multifamily

Additional Details

Multifamily Units 95
Listing Agency: Compass Commercial
Listed By: Richard DeGirolamo · License #FL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:45AM

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 Compass Commercial

Investment Insights

Based on property information with market context.

Lee & Associates presents The Heights: West, a fully entitled multifamily project proposed at 975 S Manhattan Place in Los Angeles. The site is planned to include 95 units within an approximately 103,390-square-foot gross building area. Proposed amenities include a pool, rooftop deck, outdoor seating area with BBQs, fire pits, a gymnasium, and a lounge.

The property is described as a corner location at Olympic Boulevard and Manhattan Boulevard, set on a perched hill. The remarks note views of the Downtown Los Angeles skyline and the Hollywood sign. The project’s proximity to two Metro stations within walking distance and frequent bus lines serving the surrounding Greater Wilshire area is also cited in the offering materials.

This is an entitlement-in-place development opportunity for a new apartment community at the proposed unit count and amenity package noted above.

Key Highlights

  • Fully entitled multifamily project at 975 S Manhattan Place in Los Angeles
  • Proposed 95 units with approximately 103,390 SF gross building area
  • Amenities proposed: pool, rooftop deck, gymnasium, tenant lounge, and outdoor seating with BBQs and fire pits

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant 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

95
Residential units

Location Intelligence

Trade Area within ½ mile

2,072
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
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 - Fully entitled multifamily project proposed for 95 units with a gross building area of approximately 103,390 square feet.
Where is this apartment building located?
The property is located at 975 S Manhattan Place Los Angeles, CA.
What are key features of this property?
This property features: Fully entitled multifamily project at 975 S Manhattan Place in Los Angeles; Proposed 95 units with approximately 103,390 SF gross building area; Amenities proposed: pool, rooftop deck, gymnasium, tenant lounge, and outdoor seating with BBQs and fire pits
More about this property
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