9506 S Manhattan Place, Los Angeles, CA 90047
List Price: $770K
Listing Status: Active
0Days on Market: 31
4 Bedrooms · 2 Bathrooms · 1,612 sq ft
Property Type: ResidentialIncome
Year Built: 1944
Lot Size: 6,002 sq ft
MLS Number: 26670271
About This Property
Exceptional opportunity to acquire a potential cash-flowing duplex in a rapidly appreciating pocket of Los Angeles, adjacent to Inglewood and just minutes from LAX and SoFi Stadium. This income property features two 2-bedroom, 1-bath units, each with desirable layouts that support strong rental demand and long-term tenant retention.BOTH UNITS ARE WELL KEPT AND UPDATED KITCHENS. In-place income and room to increase rents to market levels, investors have a clear path to improving NOI and overall cap rate. The property includes a detached 2-car garage, offering a prime ADU conversion opportunity (buyer to verify), creating the potential for a third income stream and significantly boosting monthly cash flow and long-term equity. Investment Highlights: (1) Strong rental demand (2) Value-add potential through rental increases and ADU development (3) Opportunity to improve cap rate and cash-on-cash return. Ideal for both seasoned investors and owner-users looking to offset their mortgage. Located in a high-demand rental market with continued growth, this asset is positioned for both immediate income and long-term appreciation. Aggressively priced to move unlock the full potential and maximize returns. BEST PRICED IN THE IMMEDIATE AREA. Not to be missed!
Listing provided by: Carlos Villegas DRE #01775788 888-584-9427 mybrokercarlosv@gmail.com, eXp Realty of California Inc
Source: CRMLS, MLS #: 26670271
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.