2109 Manitou Avenue, Los Angeles, CA 90031
- $2,275,000
- 16
- BD
- 10
- BA
- 2,017
- SqFt
- List Price
- $2,275,000
- Status
- ACTIVE
- MLS#
- 26682175
- Year Built
- 1989
- Bedrooms
- 16
- Bathrooms
- 10
- Living Sq. Ft
- 2,017
- Lot Size
- 7,319
- Acres
- 0.17
- Days on Market
- 112
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to present an eight (8) unit apartment building located at 2109 Manitou Ave in Los Angeles, California. The subject property is located in a good Lincoln Heights location, south of N Broadway and West of Griffin Ave. Located in Lincoln Heights just minutes from Downtown LA, this property offers strong accessibility and long-term upside. The asset is not subject to Los Angeles City rent control and features an excellent unit mix of two one-bedroom, four two-bedroom, and two three-bedroom units, with one unit delivered vacant. Five of the eight units have been renovated. Units are separately metered for gas and electricity and include individual water heaters. The property offers fourteen covered, gated on-grade parking spaces and on-site laundry. Tenants benefit from proximity to major corridors, freeways, Metro access, parks, and popular local amenities including cafes, retail, and Dodger Stadium nearby. With RSO exemption, strong in-place income, one vacancy for immediate upside, and a well-located position in Lincoln Heights, this asset presents a compelling and flexible investment opportunity.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Kian Maronde (Kmaronde@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.