5166 S Manhattan Pl, Los Angeles, CA 90062 - View 1
5166 S Manhattan Pl, Los Angeles, CA 90062 - View 2
5166 S Manhattan Pl, Los Angeles, CA 90062 - View 3

5166 S Manhattan Pl, Los Angeles, CA 90062

Sale Price: $719,000
Jul 17, 20241,456 sqft2 beds2 baths
Listed by: Karlyn Nelson
License #: 02051690
Phone #: 323-241-9786
Compass
Source:
CRMLS Logo
MLS #: 24415423

Property Description

Welcome to this charming income property located in a highly sought-after area of South LA. Moments away from Leimert Park, West Adams, Jefferson Park, Expo Park, USC, the 110 FWY, and Inglewood. This duplex is fully occupied, with one unit renovated. The two-car garage presents the opportunity for an ADU conversion, thus adding value and increasing future rental income. The location makes this property an attractive investment, with a range of amenities, cultural hubs, and major transportation routes just moments away. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking a property with exceptional income potential, this duplex is a true gem. NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of four multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5419 S St. Andrews Pl and 5722 S Manhattan Pl. Contact listing agents for more info.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,356

TurboHome Estimated Value

$714,700

$491 sqft

High Valuation
$750,435
$515/sqft
Normal Valuation
$714,700
$491/sqft
Low Valuation
$678,965
$466/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$491/sqft$714,700

Neighborhood: South Los Angeles

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Comparative Value

$628K

$645K

$719K

$739K

$789K

$807K

5306 Cimarron St, Los Angeles, CA 90062

Sale Price: $628,000

Selected Comparable

1726 W 52nd St, Los Angeles, CA 90062

Sale Price: $645,000

Selected Comparable

5166 S Manhattan Pl, Los Angeles, CA 90062

Sale Price: $719,000

Selected Comparable

5166 S Manhattan Pl, Los Angeles, CA 90062

List Price: $739,000

Subject Property

1828 W 50th St, Los Angeles, CA 90062

Sale Price: $788,888

Selected Comparable

5207 Cimarron St, Los Angeles, CA 90062

Sale Price: $807,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5166 S Manhattan Pl, Los Angeles, CA 90062

5166 S Manhattan Pl, Los Angeles, CA 90062

List: $739,000

Listed: 7/17/2024

Area:1,456 sqft
Price/sqft:$508
Beds:2
Baths:2
Year Built:
Lot Size:5,676

Comparable Properties

COMPARABLE
Choose comps
5166 S Manhattan Pl, Los Angeles, CA 90062

5166 S Manhattan Pl, Los Angeles, CA 90062

Sale: $719,000

12/11/20240.00 mi

Area:1,456 sqft
Price/sqft:$494
Beds:2
Baths:2
Year Built:
Weight:24.4%
5306 Cimarron St, Los Angeles, CA 90062

5306 Cimarron St, Los Angeles, CA 90062

Sale: $628,000

5/16/20250.36 mi

Area:1,596 sqft
Price/sqft:$393
Beds:2
Baths:1
Year Built:
Weight:20.4%
5207 Cimarron St, Los Angeles, CA 90062

5207 Cimarron St, Los Angeles, CA 90062

Sale: $807,000

4/28/20250.38 mi

Area:1,577 sqft
Price/sqft:$512
Beds:3
Baths:2
Year Built:
Weight:19.0%
1828 W 50th St, Los Angeles, CA 90062

1828 W 50th St, Los Angeles, CA 90062

Sale: $788,888

6/10/20250.21 mi

Area:1,235 sqft
Price/sqft:$639
Beds:3
Baths:2
Year Built:
Weight:19.0%
1726 W 52nd St, Los Angeles, CA 90062

1726 W 52nd St, Los Angeles, CA 90062

Sale: $645,000

8/23/20240.13 mi

Area:1,666 sqft
Price/sqft:$387
Beds:3
Baths:2
Year Built:
Weight:17.2%

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