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607 N Manhattan Pl, Los Angeles, CA 90004

List Price: $1,195,000On Market FlagOn market
May 12, 20251,416 sqft3 beds1 baths
Listed by: Max Rubinstein
License #: 02185999
Phone #: 805-451-0809
Compass
Source:
CRMLS Logo
MLS #: 25536921

Property Description

607 N Manhattan Place offers a prime development opportunity in the heart of Larchmont, just blocks from the area's best dining, shopping, and entertainment. With R3 zoning and SB-8 exemption eligibility, this offering presents endless potential for multifamily development, or the ability to reimagine the existing home. Options for development potentially include building multifamily ED-1 (unlimited units at 80% AMI), building up to 16 units per TOC, subdividing the lot into a maximum of 10 parcels per SB-684, or building 2 detached ADUs while retaining the existing structure. With its blend of prime development potential and original charm, this property offers a variety of exciting possibilities for investors and homeowners alike. Don't miss this rare chance to capitalize on a central location with immense growth potential. Zoning and development potential to be verified by the buyer.
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

$21,777

TurboHome Estimated Value

$1,323,400

$935 sqft

High Valuation
$1,389,570
$981/sqft
Normal Valuation
$1,323,400
$935/sqft
Low Valuation
$1,257,230
$888/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$935/sqft$1,323,400

Neighborhood: Mid Wilshire

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Comparative Value

$830K

$856K

$935K

$1.20M

$1.23M

5132 Maplewood Ave 202, Los Angeles, CA 90004

Sale Price: $830,000

Selected Comparable

401 N Serrano Ave 101, Los Angeles, CA 90004

Sale Price: $855,500

Selected Comparable

401 N Serrano Ave 301, Los Angeles, CA 90004

Sale Price: $875,000

Selected Comparable

532 N Oxford Ave, Los Angeles, CA 90004

Sale Price: $935,000

Selected Comparable

607 N Manhattan Pl, Los Angeles, CA 90004

List Price: $1,195,000

Subject Property

4915 Elmwood Ave, Los Angeles, CA 90004

Sale Price: $1,230,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
607 N Manhattan Pl, Los Angeles, CA 90004

607 N Manhattan Pl, Los Angeles, CA 90004

List: $1,195,000

Listed: 5/12/2025

Area:1,416 sqft
Price/sqft:$844
Beds:3
Baths:1
Year Built:
Lot Size:6,252

Comparable Properties

COMPARABLE
Choose comps
532 N Oxford Ave, Los Angeles, CA 90004

532 N Oxford Ave, Los Angeles, CA 90004

Sale: $935,000

8/7/20250.18 mi

Area:1,423 sqft
Price/sqft:$657
Beds:3
Baths:2
Year Built:
Weight:22.5%
4915 Elmwood Ave, Los Angeles, CA 90004

4915 Elmwood Ave, Los Angeles, CA 90004

Sale: $1,230,000

12/12/20240.30 mi

Area:1,432 sqft
Price/sqft:$859
Beds:3
Baths:2
Year Built:
Weight:19.6%
401 N Serrano Ave 101, Los Angeles, CA 90004

401 N Serrano Ave 101, Los Angeles, CA 90004

Sale: $855,500

4/15/20250.34 mi

Area:1,510 sqft
Price/sqft:$567
Beds:3
Baths:2
Year Built:
Weight:19.5%
5132 Maplewood Ave 202, Los Angeles, CA 90004

5132 Maplewood Ave 202, Los Angeles, CA 90004

Sale: $830,000

9/20/20240.28 mi

Area:1,420 sqft
Price/sqft:$585
Beds:3
Baths:2
Year Built:
Weight:19.2%
401 N Serrano Ave 301, Los Angeles, CA 90004

401 N Serrano Ave 301, Los Angeles, CA 90004

Sale: $875,000

11/5/20240.34 mi

Area:1,410 sqft
Price/sqft:$621
Beds:3
Baths:2
Year Built:
Weight:19.2%

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