2109 Manitou Avenue
Los Angeles
90031
$2,275,000
Residential Income
beds: 16
baths: 10.0
2,017 sq. ft.
built: 1989
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 26682175
- Bedrooms:
- 16
- Bathrooms:
- 10
- Year Built:
- 1989
- Photos (9)
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We are pleased to present an eight (8) unit apartment building located at 2109 Manitou Ave in Los Angeles, California. The subject property is located in a good Lincoln Heights location, south of N Broadway and West of Griffin Ave. Located in Lincoln Heights just minutes from Downtown LA, this property offers strong accessibility and long-term upside. The asset is not subject to Los Angeles City rent control and features an excellent unit mix of two one-bedroom, four two-bedroom, and two three-bedroom units, with one unit delivered vacant. Five of the eight units have been renovated. Units are separately metered for gas and electricity and include individual water heaters. The property offers fourteen covered, gated on-grade parking spaces and on-site laundry. Tenants benefit from proximity to major corridors, freeways, Metro access, parks, and popular local amenities including cafes, retail, and Dodger Stadium nearby. With RSO exemption, strong in-place income, one vacancy for immediate upside, and a well-located position in Lincoln Heights, this asset presents a compelling and flexible investment opportunity.
- Total Floor Area:
- 2,017 sq. ft.
- Lot Area:
- 7,319 sq. ft.
- Bedrooms:
- 16
- Full Bathrooms:
- 0
- Three Quarter Bathrooms:
- 0
- Half Bathrooms:
- 0
- One Quarter Bathrooms:
- 0
- Bathrooms:
- 10.0 (Full:0, Half:0)
- Year built:
- 1989 (Age: 37)
- General Listing Location:
- Los Angeles, 677 - Lincoln Hts
- County Or Parish:
- Los Angeles
- Gross Income:
- $227,936
- Net Operating Income:
- $143,791
- Cap Rate %:
- 6.32
- South of N Broadway and west of Griffin Ave
- Number of Buildings:
- 1
- Senior Community:
- No
- Levels:
- Two
- Num Stories:
- 0
- New Constr.:
- No
- # Units:
- 8
- Total Parking Spaces:
- 0
- Parking Features:
- Covered
- Special Listing Conditions:
- Standard
- Parcel Number:
- 5204006018
- Zoning:
- LARD3
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Listed by Marcus & Millichap
Data was last updated April 8, 2026 at 10:40 PM (UTC)
- BILLY LONG
- 1 (310) 663-1177
- Contact by Email
Based on information from California Regional Multiple Listing Service, Inc. as of April 8, 2026 at 10:40 PM (UTC) and/or other sources.
All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.