5302 S Manhattan, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

5302 S Manhattan
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 5302 S Manhattan, Los Angeles, California 90062 is currently available with a list price of $985,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1928, this property is very old with no indication of recent renovations. The listing description and property analysis explicitly mention 'outdated systems and finishes' and the need for 'significant investment for modernization, repairs, or compliance with current building codes.' The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated condition and are not a selling point. The emphasis on 'redevelopment options' and 'expand the existing square footage' further indicates that the current structure requires substantial repairs and rehabilitation, making it uncomfortable or potentially unsafe to live in its current state.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Redevelopment Potential
The property offers exceptional opportunities to expand existing square footage or explore redevelopment options, including the possibility of building apartments, appealing strongly to investors.
- Income-Generating Duplex
Configured as a duplex with a 3-bedroom/2-bathroom front unit and a 1-bedroom/1-bathroom rear unit, providing immediate rental income or flexible multi-generational living arrangements.
- Prime Los Angeles Location
Conveniently located in Los Angeles with easy access to nearby businesses, supermarkets, and other essential amenities, enhancing its desirability and long-term value.
CONSRISKS & DEFICIENCIES
- Age of Construction
Built in 1928, the property likely features outdated systems and finishes, potentially requiring significant investment for modernization, repairs, or compliance with current building codes.
- Development Verification Required
All development possibilities, including expansion or building apartments, require direct verification with the city by the buyer, introducing uncertainty and necessitating extensive due diligence.
- Unspecified Current Condition
The description focuses on future potential rather than current features or recent upgrades, suggesting the property may not be in move-in ready condition and could require substantial renovation.
About 5302 S Manhattan
Attention first-time buyers and investors: this property offers exceptional potential, with opportunities to expand the existing square footage or explore redevelopment options, including the possibility of building apartments. Buyers are encouraged to verify all development possibilities directly with the city. The front residence features three bedrooms and two bathrooms, while the rear unit offers one bedroom, one bathroom, and a four-car garage. The property is conveniently located with easy access to nearby businesses, supermarkets, and other essential amenities. Please feel free to reach out with any questions or to request additional information.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1928
- Lot Size
- 5,675 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,612 | 2,484 | 57% |
| Lot Size | 5,675 | 5,675 | 50% |
| Price | $985.0K | $862.5K | 61% |
| Price per sq ft | $377 | $377 | 50% |
| Built year | 1928 | 1922 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 202 | 4% |
Pricing History
Listed for Sale
Jan 5, 2026
$985,000
Initial Listing
Sold
Sep 25, 2001
$175,000
Public Record
