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728 S Manhattan Place, Los Angeles, CA 90005

Property features 4 bedroom 2 bath, two story home with high potential.  It is surrounded by multi-unit apartment towers with modern architecture and feel for downtown leisure living. Buyer to verify zoning with the city.  Seller provides up front, Home Inspection, Termite Report, Natural Hazard Report and Property Title Report. Property sold as is. There’s some synergy,  properties all around West Wilshire Heights, on South Manhattan, specifically  seven-story developments  now almost completed. Neighborhood’s multifamily residences draw in developers who are rapidly buying up properties in Koreatown to build, expand and improve multifamily housing.  Demand is on the rise for more modest apartment units, especially among younger tenants who are prioritizing an active lifestyle over expensive, luxury apartments.  Canadian investors and developers have been very active in the Los Angeles downtown market, often paying well above the going rate for major properties.

Saturday, August 24th, 2019

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