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8936 S Manhattan Place, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

8936 S Manhattan Place, Los Angeles, California 90047 home-pic-0
ACTIVE$785,000
8936 S Manhattan Place, Los Angeles, California 90047
3Beds
2Baths
1,208Sqft
5,197Lot
Year Built
1925
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$650
HOA
-
Days on market
-
Sold On
-
MLS number
SR25088548
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 40% below the list price. We found 3 Cons,6 Pros. Rank: price - $785.0K(73th), sqft - 1208(36th), beds - 3(50th), baths - 2(50th).

**SELLER WILL CONSIDER LENDER RATE BUYDOWN** - Welcome to your TURNKEY & REMODELED Gramercy Park, 3bd / 2ba, 1,208sf home! The natural light pours through the west-facing picture window into an OPEN-CONCEPT Living & Dining Room. FEATURING: *2020 REMODEL (Kitchen, Bathrooms, DUAL-PANED Windows, Roofing, Framing, Drywall, Stucco, Plumbing); Recessed Lighting; Laminate Flooring; Security System; UPGRADED FOUNDATION; FRONT YARD with welcoming curb appeal; LARGE LANDSCAPED BACKYARD , perfect for ENTERTAINING, with a grassy play area, CUSTOM paver design & beautiful stamped concrete dining area to enjoy BBQs, relaxing nights and new memories; DETACHED GARAGE for a potential ADU, workspace, storage or parking; LOCATION: inglewood-adjacent & close to SOFI STADIUM, Kia Forum & LAX (save on parking!!!), parks, supermarkets, restaurants, museums, public transportation and all that Los Angeles has to offer! This is an incredible property, ready to welcome you home.

Nearby schools

3/10
La Salle Avenue Elementary School
Public,•K-5•0.3mi
1/10
Manhattan Place Elementary School
Public,•K-5•0.4mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.1mi
1/10
Century Park Elementary School
Public,•K-5•1.4mi
1/10
Horace Mann Junior High School
Public,•6-8•1.5mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.5mi
2/10
George Washington Preparatory High School
Public,•9-12•1.2mi
2/10
Morningside High School
Public,•9-12•1.8mi
2/10
Inglewood High School
Public,•9-12•2.6mi
9/10
Middle College High School
Public,•9-12•4.1mi

Price History

Date
Event
Price
11/20/20
Sold
$700,000
06/24/20
Sold
$400,000
Condition Rating
Excellent
This property was extensively remodeled in 2020, which is within the last 5 years, covering major components such as the kitchen, bathrooms, windows, roofing, framing, drywall, stucco, and plumbing. The images confirm a modern, turnkey condition with new laminate flooring, recessed lighting, a contemporary kitchen with white shaker cabinets, white countertops, and stainless steel appliances, and updated fixtures throughout. The upgraded foundation further enhances its excellent condition, making it virtually new despite its 1925 build year.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Extensive Recent Remodel: The property underwent a comprehensive remodel in 2020, including kitchen, bathrooms, dual-paned windows, roofing, framing, drywall, stucco, and plumbing, ensuring a modern and turnkey condition.
Upgraded Foundation: A significant and costly structural improvement, the upgraded foundation provides long-term stability and reduces potential future repair concerns.
ADU Potential: The detached garage offers excellent potential for conversion into an Accessory Dwelling Unit (ADU), providing opportunities for rental income or additional flexible living space.
Prime Location & Accessibility: Strategically located Inglewood-adjacent, with close proximity to major attractions like SoFi Stadium, Kia Forum, LAX, parks, supermarkets, restaurants, and public transportation.
Enhanced Outdoor Entertainment Space: A large, landscaped backyard featuring a grassy play area, custom paver design, and a stamped concrete dining area, perfect for entertaining and outdoor enjoyment.

Cons

Significant Overpricing: The current listing price of $785,000 is substantially higher than the property's estimated value of approximately $465,221, indicating a potential overvaluation of 40%.
Older Original Construction: Despite extensive remodeling, the property's original build year of 1925 suggests that some underlying systems or structural elements may still be original or require attention beyond the 2020 updates.
Limited Interior Space for Price: With 1,208 square feet, the interior living space might be considered modest for its asking price in the current market, potentially impacting perceived value per square foot.

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