11016 S Manhattan Place, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 1 bath
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11016 S Manhattan Place
Los Angeles, California 90047
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,190Sq Ft
6,005Lot Size
Property Price
LIST PRICE$694,000
EST. MARKET VALUE
$645,843
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $694,000—positioned well below the $645,844 Fair Market Value by -7%. While the home carries a Condition Rating of 5, the ADU-zoned lot and Paid-off Solar System provide significant value-add potential. The large garage-adjacent space offers immediate expansion possibilities for rental income. This asset is an ideal acquisition for Buy-and-Hold Investors or Renovators seeking a strategic project near major Los Angeles entertainment hubs.
Estimated Market Value
$645,843
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11016 S Manhattan Place Subject 3 bd · 1 ba · 1,190 sqft · $543 | $694,000* List Price | 3 | 1 | 1,190 | $543 | - |
A 11148 S Wilton Place Sold 3 bd · 1 ba · 1,208 sqft · $592 · 0.2 mi | $715,000 | 3 | 1 | 1,208 | $592 | 0.2 mi |
B 10513 Cimarron Street Sold 3 bd · 1 ba · 1,146 sqft · $476 · 0.5 mi | $545,000 | 3 | 1 | 1,146 | $476 | 0.5 mi |
C 2031 Van Wick Sold 3 bd · 1 ba · 1,524 sqft · $443 · 0.3 mi | $675,000 | 3 | 1 | 1,524 | $443 | 0.3 mi |
D 10517 Cimarron Street Sold 3 bd · 1 ba · 1,140 sqft · $500 · 0.5 mi | $570,000 | 3 | 1 | 1,140 | $500 | 0.5 mi |
E 1422 W 110th Sold 3 bd · 1 ba · 1,095 sqft · $555 · 0.5 mi | $608,000 | 3 | 1 | 1,095 | $555 | 0.5 mi |
F 9640 La Salle Sold 2 bd · 1 ba · 1,102 sqft · $554 · 0.9 mi | $610,000 | 2 | 1 | 1,102 | $554 | 0.9 mi |
G 1846 W 117th Street Sold 3 bd · 2 ba · 1,156 sqft · $631 · 0.6 mi | $730,000 | 3 | 2 | 1,156 | $631 | 0.6 mi |
H 9647 S Harvard Sold 2 bd · 1 ba · 1,202 sqft · $562 · 0.9 mi | $675,000 | 2 | 1 | 1,202 | $562 | 0.9 mi |
I 2032 Cullivan Street Pending 3 bd · 2 ba · 1,306 sqft · $532 · 0.3 mi | $695,000 List Price | 3 | 2 | 1,306 | $532 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947 (77 years old) and sold 'AS IS,' this property is explicitly marketed as an investor or renovator opportunity. While it features paid-off solar, the lack of mentioned updates to the kitchen and single bathroom, combined with the age and 'fixer' description, indicates a need for significant rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is zoned for an ADU and features a large additional space connected to the garage, offering significant value-add opportunities for rental income or expanded living space.
- Prime Location
Conveniently located near major sports and entertainment hubs like SoFi Stadium and Intuit Dome, as well as LAX, providing strong long-term value and accessibility.
- Paid-off Solar System
The inclusion of a fully paid-off solar system offers immediate energy efficiency and utility cost savings, a premium feature for a home of this vintage.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current condition, which likely necessitates additional capital investment for renovations, repairs, or modernization.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the current configuration may be a drawback for larger families and could require a layout adjustment to meet modern market expectations.
About 11016 S Manhattan Place
Don't miss this exceptional opportunity to own a 3-bedroom, 1-bathroom home in a nice quiet neighborhood. This property is priced to sell and being sold AS IS, making it an ideal opportunity for investors, renovators, or buyers looking to add their personal touch. The home features a functional floor plan, abundant natural light, large bay windows and tons of storage. Large additional space connected to the 2-car garage can be converted to living space. The spacious backyard offers endless possibilities, and the property is zoned for an ADU (Accessory Dwelling Unit), creating excellent potential for additional living space or future rental income (buyer to verify all zoning, permits, and development possibilities). Paid off Solar. Conveniently located near SoFi Stadium, Intuit Dome, Kia Forum, LAX, shopping, dining, schools, parks, major freeways, Downtown Los Angeles, and the South Bay, this property offers outstanding accessibility and long-term value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,005 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,190 | 1,670.836 |
| Lot Size | 6,005 | 6,152.156 |
| Price | $694.0K | $1.34M |
| Price per sq ft | $583 | $807 |
| Built year | 1947 | 1941 |
| HOA | $0 | $238 |
| Days on market | 102 | 56 |
Pricing History
Listed for Sale
Oct 13, 2026
$694,000
$699,000
-1% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$699,000
Initial Listing