2016 W Manchester, Los Angeles, California 90047, Los Angeles, 90047 - 0 bed, 0 bath
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Los Angeles, California 90047
This High-Potential Investment Opportunity is a triplex listed at $800,000, positioned slightly above the $778,311 Fair Market Value. Featuring three detached residences with no shared walls and an additional studio, the property offers significant rental flexibility. With a Condition Rating of 4, the units are functional but benefit from cosmetic updates to maximize long-term yield. Located near major entertainment hubs like SoFi Stadium, this asset provides strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Investors seeking a stable income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2016 W Manchester Subject | $800,000* List Price | 0 | 0 | 1,920 | $405 | - |
A 9506 S Manhattan Place Sold | $700,000 | 0 | 0 | 1,612 | $434 | 0.7 mi |
B 9650 S Western Active | $799,999 List Price | 0 | 0 | 1,724 | $464 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944 with some 'recent' improvements like newer roofs; however, interior photos show dated 15-20+ year old kitchen cabinetry and basic bathroom fixtures. The property is functional and move-in ready but requires cosmetic updates to meet modern standards.
High School: Middle College High School (9/10).
The property features three detached residences with no shared walls, providing a rare single-family feel and enhanced privacy that typically commands higher rental demand and tenant retention.
With an additional attached studio featuring its own kitchen and bath, plus separate meters for all units, the property offers significant flexibility and maximized revenue streams for investors.
The property is sold with tenants in place, which may present challenges for buyers looking to immediately renovate, owner-occupy, or adjust rents to current market rates under local regulations.
The surrounding public schools have low performance ratings (mostly 1-2 out of 10), which could limit the property's appeal to families and impact future resale value to a broader demographic.
Exceptional investment opportunity featuring three detached residences on one lot (2016, 2018 & 2020 W Manchester Ave) in South Los Angeles near the Inglewood border. All three units offer 2 bedrooms and 1 bathroom, with no shared walls, providing increased privacy and a true single-family feel. The third unit also includes an attached studio with kitchen and full bath, creating additional flexibility and income potential. The property has benefited from recent improvements, including newer roofs and interior updates throughout the units, enhancing overall appeal and long-term value. Additional features include separate meters, a gated and fenced lot, rear alley access, and four parking spaces for added convenience and security. Tenant occupied and being sold with tenants in place. Ideally situated near major entertainment and sports destinations including Kia Forum, SoFi Stadium, Intuit Dome, and Hollywood Park Casino, with convenient access to shopping, parks, schools, public transportation, and major freeways. A compelling opportunity for investors seeking an income-producing property with strong fundamentals and long-term potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,920 | 1,922 | 44% |
| Lot Size | 5,130 | 6,002 | 22% |
| Price | $800.0K | $898.0K | 44% |
| Price per sq ft | $417 | $417 | 50% |
| Built year | 1944 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 201 | 11% |
May 21, 2026
$800,000
Initial Listing
Jan 16, 1998
$1,050,000
Public Record
Nov 7, 1995
$90,000
Public Record
Nov 7, 1995
$100,000
Public Record