409 S Manhattan Los Angeles, CA ^$ 5,400,000

409 S Manhattan

^$ 5,400,000

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409 S Manhattan

Los Angeles, CA, 90020

^$ 5,400,000

Studio Baths1.0 Sq 19,108

Monthly Estimate*

^$ 33,689

Listed by NorthMarq Realty Services, Inc

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $5,400,000 with 1 full bath. This 19,108 square foot home was built in 1957 on a lot size of 0.4141.

409 S Manhattan Pl is an apartment community constructed in 1957. Situated in the neighborhood of Koreatown, Los Angeles, the property consists of (11) Studio/One-Bath units, (16) One-Bed/One-Bath units, and (2) Two-Bed/Two Bath units, totaling an average of 538 square feet each. Units are individually metered for gas and electricity and parking consists of tuck under spaces in the front and rear of the property. The property is fully secured and is a two-story wood frame and stucco structure with a pool in the courtyard and the soft story retrofitting has been completed. Also available with 411 and 415 S. Alexandria Avenue, totaling 54 Units.

Multi-Family Active

Price

^$ 5,400,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4141

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC25254479

Days on Market

Features

General

Sewer None

Utilities Sewer Not Available Water Not Available

Garage Spaces 25

Pool Features Community

Year Built 1957

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 544994

Community Features Biking Curbs Dog Park Hiking Park Storm Drain(s) Street Lights Sidewalks Urban Pool

County Los Angeles

Net Operating Income 303948

Operating Expense 226482

Insurance Expense 0

New Construction 0

Property Type Residential Income

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions Off of 4th Street and S Manhattan Pl

City Los Angeles

Entry Location 1

Senior Community Y/N 0

Number Of Units Total 29

MLS Area KREA - Koreatown

Lot Size Units Square Feet

Lot Size Square Feet 18040

Listing Terms Cash Cash to New Loan Conventional

Property Attached Y/N 1

Land Lease Y/N 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 97

Property Sub Type Additional Apartment

Cap Rate 5.63

Interior

Total Stories 2

Common Walls 1 Common Wall

Laundry Features Common Area

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source None

Total Parking 25

Lot Size Area 18040

Number of Buildings 1

Building Area Total 19108

Lot Size Acres 0.4141

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 29

Number of Separate Electric Meters 29

* Excluded Features

List By

Northmarq Realty Services, Inc

Broker

bsprenkle@northmarq.com

Affordability Calculator

$33,689

Per Month

Monthly Principal & Interest: $33,689
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,585

Percent of Sale Price 65%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$5,400,000		Listed Price

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409 S Manhattan, Los Angeles, CA, 90020 is a Multi-Family Home for sale at $5,400,000 with 19,108 sqft and a lot size of 0.4141. 409 S Manhattan is a studio with 1.0 baths and was built in 1957. The property's zip code is 90020 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/23/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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409 S Manhattan

Multi-Family Home for sale in Los Angeles, CA

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