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$699,000
EST. MARKET VALUE
$654,767
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $655,449 Fair Market Value by -6%. Featuring a Fair Condition Rating, this 1947 build is an ideal Value-Add Asset for those looking to leverage its ADU Zoning and Paid-off Solar. While the single-bath layout requires strategic planning, the proximity to SoFi Stadium and major transit hubs ensures long-term rental demand. This is a tactical acquisition for Buy-and-Hold Investors or Renovators seeking to maximize equity through development.
Estimated Market Value
$654,767
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 | $699,000* List Price | 3 | 1 | 1,190 | $550 | - |
A 11148 S Wilton Place Sold | $715,000 | 3 | 1 | 1,208 | $592 | 0.2 mi |
B 1422 W 110th Sold | $608,000 | 3 | 1 | 1,095 | $555 | 0.5 mi |
C 10517 Cimarron Street Sold | $570,000 | 3 | 1 | 1,140 | $500 | 0.5 mi |
D 1846 W 117th Street Sold | $730,000 | 3 | 2 | 1,156 | $631 | 0.6 mi |
E 9640 La Salle Sold | $610,000 | 2 | 1 | 1,102 | $554 | 0.9 mi |
F 9647 S Harvard Sold | $675,000 | 2 | 1 | 1,202 | $562 | 0.9 mi |
G 2032 Cullivan Street Active | $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,' the property is explicitly marketed as an opportunity for investors and renovators. While it features paid-off solar, the lack of recent renovations to the kitchen and single bathroom, combined with the age and 'rehab' target market, places it in the poor category.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property is zoned for an Accessory Dwelling Unit (ADU) and features a spacious backyard, providing a significant opportunity for rental income or increased living square footage.
- Energy Efficiency
The inclusion of a fully paid-off solar system offers immediate value and long-term utility cost savings for the homeowner.
- Strategic Location
Proximity to major entertainment hubs like SoFi Stadium and the Intuit Dome, along with easy access to LAX and major freeways, ensures strong long-term investment value.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current condition, which likely implies the need for significant renovations or repairs to meet modern standards.
- Limited Bathroom Count
A three-bedroom home with only one bathroom may be a drawback for larger families and could limit the property's appeal compared to multi-bath residences.
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, and tons of storage, including additional storage space connected to the 2-car garage. 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 | 1,664.159 |
| Lot Size | 6,005 | 6,066.556 |
| Price | $699.0K | $1.35M |
| Price per sq ft | $587 | $806 |
| Built year | 1947 | 1939 |
| HOA | $0 | $278 |
| Days on market | 41 | 55 |
Pricing History
Listed for Sale
Jul 30, 2026
$699,000
Initial Listing