222 N Manhattan Place Los Angeles, CA 90004
Koreatown NeighborhoodEstimated payment $36,850/month
9
Beds
9
Baths
14,908
Sq Ft
$436
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Central Heating and Cooling System
About This Home
Nestled in the vibrant heart of Koreatown, Los Angeles, this brand-new 16-unit apartment building embodies modern luxury living at its finest. Designed with exceptional craftsmanship and premium finishes, the property offers an atmosphere of sophistication and comfort throughout. Each residence showcases meticulous attention to detail, featuring designer countertops, top-tier fixtures, and elegant hardwood flooring. Expansive windows invite abundant natural light, while soaring ceilings enhance the sense of openness and space. The thoughtful unit mix includes one two-bedroom, one studio, and fourteen one-bedroom layouts—ideal for both individuals and small families. The building welcomes residents with a beautifully appointed lobby and elevator access to every floor, complemented by a convenient mailbox area. Secure underground parking provides effortless access and preserves the neighborhood’s charm, while a dedicated bike room offers ample storage for cyclists. Sustainability is at the core of the design, with energy-efficient appliances and utilities that reduce both environmental impact and monthly costs. Every unit is crafted to balance style with functionality, creating a warm, inviting home in one of Los Angeles’ most dynamic communities. This development represents the pinnacle of upscale urban living, combining refined interiors, modern amenities, and a highly sought-after location in the heart of Koreatown.
Listing Agent
Equity Union Brokerage Phone: 818-438-2236 License #01999632 Listed on: 08/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,195
Year Built
- Built in 2023
Lot Details
- 6,895 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Parking
- 9 Car Garage
Home Design
- Property Attached
Interior Spaces
- 14,908 Sq Ft Home
- 4-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 2115
- Assessor Parcel Number 5517004014
- $393 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 16 Units
Building Details
- Rent Control
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 16 Separate Water Meters
- Insurance Expense $10,000
- Professional Management Expense $7,500
- Trash Expense $2,000
- New Taxes Expense $81,250
- Operating Expense $46,572
- Gross Income $483,888
- Net Operating Income $430,092
Map
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Home Values in the Area
Average Home Value in this Area
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 | $17,195 | $1,428,809 | $1,407,161 | $21,648 |
| 2024 | $17,195 | $1,400,794 | $1,379,570 | $21,224 |
| 2023 | $16,865 | $1,373,328 | $1,352,520 | $20,808 |
| 2022 | $16,084 | $1,346,400 | $1,326,000 | $20,400 |
| 2021 | $15,882 | $1,320,000 | $1,300,000 | $20,000 |
| 2020 | $15,599 | $1,269,288 | $1,009,188 | $260,100 |
| 2019 | $14,979 | $1,244,400 | $989,400 | $255,000 |
| 2018 | $12,555 | $1,024,794 | $712,674 | $312,120 |
| 2016 | $12,000 | $985,000 | $685,000 | $300,000 |
| 2015 | $1,884 | $143,196 | $93,082 | $50,114 |
| 2014 | $1,904 | $140,392 | $91,259 | $49,133 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $6,500,000 | +432.8% | $436 / Sq Ft |
| 02/07/2018 02/07/18 | Sold | $1,220,000 | -3.2% | $488 / Sq Ft |
| 01/02/2018 01/02/18 | Pending | -- | -- | -- |
| 11/02/2017 11/02/17 | Price Changed | $1,260,000 | -11.9% | $504 / Sq Ft |
| 08/08/2017 08/08/17 | For Sale | $1,429,999 | +45.2% | $572 / Sq Ft |
| 11/03/2015 11/03/15 | Sold | $985,000 | -0.4% | $394 / Sq Ft |
| 09/22/2015 09/22/15 | Pending | -- | -- | -- |
| 09/10/2015 09/10/15 | For Sale | $989,000 | +58.0% | $396 / Sq Ft |
| 04/15/2015 04/15/15 | Sold | $626,000 | +18.1% | $250 / Sq Ft |
| 01/02/2015 01/02/15 | Pending | -- | -- | -- |
| 12/19/2014 12/19/14 | For Sale | $530,000 | -- | $212 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | -- | Servicelink | |
| Grant Deed | $1,220,000 | Stewart Title Of California | |
| Grant Deed | $985,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $626,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $269,000 | New Conventional | |
| Closed | $4,800,000 | New Conventional | |
| Closed | $4,033,250 | Commercial | |
| Previous Owner | $945,000 | Commercial | |
| Previous Owner | $610,000 | Construction | |
| Previous Owner | $409,500 | New Conventional | |
| Previous Owner | $415,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25188533
APN: 5517-004-014
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