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2637 South Manhattan Place is a 9-Unit affordable Multifamily property located in the Jefferson Park neighborhood of Los Angeles, in close proximity to USC, The Metro, Downtown, and the 10 freeway. Originally built in 2007, the property features an attractive unit mix with eight (3 bedroom) and one (4 bedroom) units, each with in-unit laundry, private balcony and on-site, secured parking. This property offers investors a rare opportunity to acquire a well maintained and stabilized asset (low turnover) at an attractive 5.2% going-in Cap rate. The property is under a 30-year affordability covenant that runs through 2036. Eight units currently have Section 8 tenants. Section 8 offers many benefits including a large tenant pool – which limits downside risk and vacancy – and guaranteed payments. Since the property was constructed in 2007 it is not subject to rent control. Appliances not included in sale.
Listing agent: Jeff Anderson DRE #01729514 MLS@AndersonREG.com, Listing office: Keller Williams Pacific Estate
MLS data updated 11/2/2026, 11:05:58 PM PT
Source: CRMLS, MLS #: PW20011307
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 30, 2020
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90018 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.