NOT LISTED FOR SALE

116 N Manhattan Place Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,485,000 - $2,469,371

5 Beds
4 Baths
3,089 Sq Ft
$614/Sq Ft Est. Value

Last Sold February 14, 2023

Last sale price $1,370,000 $444 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $11,771/month

13 Days on Market

Highlights

  • Detached Guest House
  • City Lights View
  • Wood Flooring
  • Solar Power System
  • Craftsman Architecture
  • Bonus Room

About This Home

As of February 2023

Original Classic Craftsman located in the highly desired Hancock Park-Wilshire area. This 5 bedroom, 3 bathroom home features authentic maple columns and moldings, original hardwood accents and hardwood flooring and built in cabinets. The first story opens up to a large entryway leading to the dining room and also features a huge living room with a gas fireplace. There is also a spacious breakfast nook just outside the kitchen and a laundry area and bonus room that can be used as a den or office adjacent to the kitchen as well. The primary bedroom and three other bedrooms are located upstairs with a full bath and half bath. The bonus room can be used as a den or office. The spacious backyard is perfect for entertaining family and friends. Another benefit is the guest house in the back which includes one bedroom and bath, kitchen and living room totaling about 650 sq. feet. ***INVESTORS***This home is a prime opportunity for development for an owner occupant, rental income for the back unit or a complete tear down for developers. This property is zoned R3 in a multiple dwelling zone in a desirable neighborhood of Los Angeles. (close proximity to Larchmont, Hancock Park, Wilshire Center and Paramount Studios. (Title shows Duplex)

Last Agent to Sell the Property

Nila McKnight

eXp Realty of Greater Los Angeles License #02011842 Listed on: 11/09/2022

eXp Realty of Greater Los Angeles

Last Buyer's Agent

gerald Duncan

License #01124850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,249

Year Built

  • Built in 1913

Lot Details

  • 6,626 Sq Ft Lot
  • Property is zoned LAR3

Parking

  • Driveway

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 3,089 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Drapes & Rods
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Lanai
  • Front Porch

Utilities

  • Central Heating
  • Cable TV Available

Additional Features

  • Solar Power System
  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5517-003-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,249

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Original Classic Craftsman located in the highly desired Hancock Park-Wilshire area. This 5 bedroom, 3 bathroom home features authentic maple columns and moldings, original hardwood accents and hardwood flooring and built in cabinets. The first story opens up to a large entryway leading to the dining room and also features a huge living room with a gas fireplace. There is also a spacious breakfast nook just outside the kitchen and a laundry area and bonus room that can be used as a den or office adjacent to the kitchen as well. The primary bedroom and three other bedrooms are located upstairs with a full bath and half bath. The bonus room can be used as a den or office. The spacious backyard is perfect for entertaining family and friends. Another benefit is the guest house in the back which includes one bedroom and bath, kitchen and living room totaling about 650 sq. feet.
  • Disability Access: Handicap Access
  • Entry Location: Ground Level w/steps
  • Exclusions: All furniture and personal items
  • Living Area: 3089
  • Lot Acreage: 0.1521
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Repair Cosmetic, Fixer
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Appliances: Gas/Electric Range
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 2
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Solar Panels, Range/Oven
  • Fireplace: Yes
  • Inclusions: Elevated stairlift for handicap access installed on stairwell
  • Price Per S Q F T: 388.47
  • Windows: Drapes/Curtains

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Guest House: Detached
  • Patio: Porch - Front, Concrete Slab
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5517-003-010
  • Lot Location: City
  • Lot Size Area: 6626

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 8, 2023
Sold by
Hill Marchel
Bought by
Hill Marchel and Adams Finis
Seller's Agent
Nila McKnight
eXp Realty of Greater Los Angeles
Buyer's Agent
gerald Duncan
List Price
$1,199,999
Sold Price
$1,370,000
Premium/Discount to List
$170,001
14.17%
Views
29
Current Estimated Value
$1,896,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,593
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Dec 6, 2022
Sold by
Hubert And Wanda Dastig 2009 Trust
Bought by
Hill Marchel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$959,000
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2020
Sold by
Wells Candace Ann and Bypass Trust
Bought by
Wells Colin Arnold and Wells Hubert

Purchase Details

Closed on
Apr 25, 2019
Sold by
Hubert And Wanda Dasting 2009 Trust
Bought by
Hubert And Wanda Dasting 2009 Trust and The Bypass Trust

Purchase Details

Closed on
Mar 26, 2019
Sold by
Hubert And Wanda Dasting 2009 Trust
Bought by
Hubert Dastig

Purchase Details

Closed on
Mar 21, 2019
Sold by
Dastig Hubert
Bought by
Hubert Dastig Trust

Purchase Details

Closed on
Oct 13, 2009
Sold by
Wanda Dastig Hubert and Wanda Dastig
Bought by
Wells Candace Ann and Hubert & Wanda Dastig 2009 Tru
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hill Marchel -- None Listed On Document
Hill Marchel $1,370,000 Chicago Title Company
Wells Colin Arnold -- None Available
Hubert And Wanda Dasting 2009 Trust -- None Available
Hubert Dastig -- None Available
Hubert Dastig Trust -- None Available
Wells Candace Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Marchel $959,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2023 02/14/23 Sold $1,370,000 +14.2% $444 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,199,999 -- $388 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,249 $1,425,348 $936,360 $488,988
2024 $17,249 $1,397,400 $918,000 $479,400
2023 $1,471 $89,010 $60,766 $28,244
2022 $1,421 $87,266 $59,575 $27,691
2021 $1,382 $85,556 $58,407 $27,149
2020 $1,387 $84,680 $57,809 $26,871
2019 $1,348 $83,021 $56,676 $26,345
2018 $1,217 $81,394 $55,565 $25,829
2016 $1,130 $78,235 $53,408 $24,827
2015 $1,116 $77,061 $52,606 $24,455
2014 $1,135 $75,552 $51,576 $23,976
Source: Public Records

Agents Affiliated with this Home

  • Nila McKnight

    Seller's Agent in 2023

    Nila McKnight

    eXp Realty of Greater Los Angeles

    (818) 209-7174

    1 in this area

    14 Total Sales

    Nila McKnight
    Section Image

  • g

    Buyer's Agent in 2023

    gerald Duncan

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-216549

The MLS

APN: 5517-003-010

California Los Angeles County Los Angeles 90004 Koreatown

116 N Manhattan Place, Los Angeles, CA

This home is located at 116 N Manhattan Place, Los Angeles, CA 90004 since 09 November 2022 and is currently estimated at $1,896,593, approximately $613 per square foot. This property was built in 1913. 116 N Manhattan Place is a home located in Los Angeles County with nearby schools including Van Ness Avenue Elementary School, John Burroughs Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes