10515 S Manhattan Place, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath

10515 S Manhattan Place, Los Angeles, California 90047 home-pic-0
ACTIVE$639,000
10515 S Manhattan Place, Los Angeles, California 90047
2Beds
1Bath
1,163Sqft
6,500Lot

Price Vs. Estimate

The estimated value ($682,009.23) is $43,009.23 (6%) higher than the list price ($639,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Probate Sale Complexity: The property is subject to court confirmation and possible overbid, which can lead to a longer, more complex, and potentially uncertain transaction process for buyers.

Compared to the nearby listings

Price:$639.0K vs avg $720.0K ($-81,000)28%
Size:1,163 sqft vs avg 1,328 sqft30%
Price/sqft:$549 vs avg $53455%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938, this property has received 'tasteful updates in the kitchen and bathroom' and a 'recent solar energy system' installation. While these improvements enhance key areas and energy efficiency, the overall age of the home suggests that other major systems (e.g., plumbing, electrical, HVAC) may still be original or outdated, as indicated by the property analysis mentioning potential for unforeseen maintenance issues. The updates likely make the home move-in ready in those specific areas, but it doesn't qualify as extensively renovated throughout to meet 'Good' criteria. The property is aged but maintained, with functional components that may show signs of being outdated in areas beyond the recent updates.
Year Built
1938
Close
-
List price
$639K
Original List price
$639K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
25616277
Home ConditionFair
Features
Patio
View

About this home

Prime Location Near LAX & Major Venues!Welcome to this charming 2-bedroom, 1-bath home nestled in one of the most desirable neighborhoods near Los Angeles Airport. Enjoy unbeatable access to the 105, 405, and 110 freeways making your commute and weekend getaways a breeze. Sports fans and entertainment lovers will appreciate being just minutes from SOFI Stadium, the Intuit Dome (Clippers), and the iconic Forum. Whether you're catching a game or a concert, you're always close to the action. Recent upgrades include a solar energy system to help keep your electric bills low, plus tasteful updates in the kitchen and bathroom. The drought-resistant front yard features low-maintenance landscaping with rocks and native plants, while the beautiful brick backyard offers a private space to relax or entertain. A 2-car garage adds convenience and storage. This is a Probate Sale, subject to court confirmation and possible overbid. The home is easy to show, call the listing agent today to schedule your private tour!

Nearby schools

1/10
Century Park Elementary School
Public,K-50.6mi
1/10
Manhattan Place Elementary School
Public,K-50.6mi
3/10
La Salle Avenue Elementary School
Public,K-51.2mi
1/10
Lane (Warren) Elementary School
Public,K-62.0mi
/10
Monroe (Albert F.) Middle School
Public,6-81.0mi
1/10
Horace Mann Junior High School
Public,6-82.5mi
2/10
George Washington Preparatory High School
Public,9-120.4mi
2/10
Morningside High School
Public,9-121.4mi
2/10
Inglewood High School
Public,9-122.9mi
9/10
Middle College High School
Public,9-123.8mi
Condition Rating
Fair

Built in 1938, this property has received 'tasteful updates in the kitchen and bathroom' and a 'recent solar energy system' installation. While these improvements enhance key areas and energy efficiency, the overall age of the home suggests that other major systems (e.g., plumbing, electrical, HVAC) may still be original or outdated, as indicated by the property analysis mentioning potential for unforeseen maintenance issues. The updates likely make the home move-in ready in those specific areas, but it doesn't qualify as extensively renovated throughout to meet 'Good' criteria. The property is aged but maintained, with functional components that may show signs of being outdated in areas beyond the recent updates.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Exceptional Location & Accessibility: Prime location offering unbeatable access to LAX, major freeways (105, 405, 110), and minutes away from SOFI Stadium, Intuit Dome, and The Forum, ideal for commuters and entertainment enthusiasts.
Energy Efficiency: Recent installation of a solar energy system significantly reduces electric bills, adding long-term value and sustainability.
Updated Interiors: Tasteful updates in the kitchen and bathroom provide modern comfort and aesthetic appeal, minimizing immediate renovation needs for key areas.
Low-Maintenance Outdoor Spaces: Features a drought-resistant front yard with low-maintenance landscaping and a beautiful brick backyard, offering private relaxation and entertaining space with minimal upkeep.
Convenient Parking & Storage: A 2-car garage provides valuable off-street parking and additional storage, a significant advantage in urban Los Angeles.

Cons

Probate Sale Complexity: The property is subject to court confirmation and possible overbid, which can lead to a longer, more complex, and potentially uncertain transaction process for buyers.
Limited Bedrooms & Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not accommodate larger families or those requiring more living space and facilities, potentially limiting its market appeal.
Age of Property: Built in 1938, despite recent updates, an older home may still present potential for unforeseen maintenance issues or require further investment in areas not yet renovated (e.g., plumbing, electrical, foundation).

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