NOT LISTED FOR SALE

1501 S Manhattan Place Los Angeles, CA 90006

Harvard Heights Neighborhood
29 Beds
20 Baths
16,380 Sq Ft
0.3 Acres

Last Sold May 21, 2021

Last sale price $3,720,000 $227 Per Sq Ft

About This Home

As of May 2021

Sold before print

Last Agent to Sell the Property

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 05/22/2021

Pinnacle Estate Properties, Inc.

Co-Listed By

Larry Smart

Pinnacle Estate Properties, Inc. License #01024190

Last Buyer's Agent

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 05/22/2021

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • No Common Walls

Home Design

  • 16,380 Sq Ft Home

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 20 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Tax Tract Number 2213
  • Assessor Parcel Number 5073009001

Community Details

Building Details

  • Rent Control
  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $11,293
  • Professional Management Expense $12,864
  • Trash Expense $5,424
  • New Taxes Expense $46,500
  • Operating Expense $18,288
  • Gross Income $288,941
  • Net Operating Income $133,361

Additional Features

  • 20 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Professional Management Expense: 12864.00
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5073009001
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 227.11

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 5424.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13151.00
  • Lot Size Acres: 0.3019

Rental Info

  • Garage Rental Rate: 30.00

Multi Family

  • Garage Income: 720.00
  • Gross Income: 288941.00
  • Gross Operating Income: 274494.00
  • Gross Scheduled Income: 278021.00
  • Insurance Expense: 11293.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 10920.00
  • Lot Size Area: 13151.0000 Square Feet
  • Net Operating Income: 133361.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 20
  • Operating Expense: 141133.00
  • Rent Control: Yes
  • Total Expenses: 18288.00

Tax Info

  • New Taxes Expense: 46500.00
  • Tax Block: 3
  • Tax Census Tract: 2213.03
  • Tax Lot: 1
  • Tax Tract Number: 2213-1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2021 05/22/21 For Sale $3,720,000 0.0% $227 / Sq Ft
05/21/2021 05/21/21 Sold $3,720,000 -- $227 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wendy Morley

    Seller's Agent in 2021

    Wendy Morley

    Pinnacle Estate Properties, Inc.

    (818) 665-9202

    6 in this area

    70 Total Sales

    Wendy Morley
    Section Image
  • Larry Smart

    Seller Co-Listing Agent in 2021

    Larry Smart

    Pinnacle Estate Properties, Inc.

    (805) 444-6665

    6 in this area

    70 Total Sales

    Larry Smart
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21047312

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Los Angeles 90006 Harvard Heights

1501 S Manhattan Place, Los Angeles, CA

This home is located at 1501 S Manhattan Place, Los Angeles, CA 90006 since 22 May 2021. This property was built in 1961. 1501 S Manhattan Place is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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