9506 S Manhattan Place Los Angeles, CA 90047
Gramercy Park NeighborhoodEstimated payment $4,389/month
About This Home
Excellent Investment Opportunity in a Prime Pocket of Los Angeles! Welcome to this well-maintained duplex, featuring two spacious 2-bedroom, 1-bath units. Each unit offers a thoughtful floor plan with great flow and functionality—ideal for attracting quality tenants and maximizing rental potential. The property includes a beautiful front yard and a detached 2-car garage, which presents a great opportunity for potential ADU conversion (buyer to verify), offering added value and income possibilities. Conveniently located close to schools, parks, and major freeways, making it a desirable location for renters and investors alike. This is a smart, solid investment you won’t want to miss!
Listing Agent
Keller Williams SELA Brokerage Phone: 310-930-5495 License #01499526 Listed on: 07/25/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,755
Year Built
- Built in 1944
Lot Details
- 6,002 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,612 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Utilities
- Wall Furnace
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 12282
- Assessor Parcel Number 6057011023
- $326 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Trash Expense $600
- Water Sewer Expense $600
- Operating Expense $1,200
- Gross Income $28,800
- Net Operating Income $25,200
Map
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 | $4,755 | $376,805 | $251,206 | $125,599 |
2024 | $4,755 | $369,418 | $246,281 | $123,137 |
2023 | $4,670 | $362,175 | $241,452 | $120,723 |
2022 | $4,464 | $355,074 | $236,718 | $118,356 |
2021 | $4,401 | $348,113 | $232,077 | $116,036 |
2019 | $4,275 | $337,791 | $225,195 | $112,596 |
2018 | $4,208 | $331,169 | $220,780 | $110,389 |
2016 | $4,017 | $318,310 | $212,207 | $106,103 |
2015 | $3,961 | $313,530 | $209,020 | $104,510 |
2014 | $3,988 | $231,459 | $86,045 | $145,414 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/25/2025 07/25/25 | For Sale | $749,500 | -- | $465 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | First American Title | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $91,150 | New Conventional | |
Previous Owner | $95,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25167771

APN: 6057-011-023
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