$2,275,000
 $12,213 est/mo Sourced by Back At You

2109 Manitou Avenue,Los Angeles, CA 90031

Los Angeles, CA 90031

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Description

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.

Details

MLS #26682175
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site135
Listing Provided ByMarcus & Millichap | Kian Maronde

Features

Bed(s)16
Bath(s)10
SQ Feet2,017
Story(s)2
Units8
Building(s)1
ZoningLARD3
Acreage0.17

Parking

Parking FeaturesCovered

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90031
Area677 Lincoln Hts
Listing VS Median (in 90031)
Price:
$2,275,000
low | high
Med:
$1,162,500
98.901098901099% of Average
sqft:
2,017
low | high
Med:
2,717
15.294992563213% of Average
$ / sqft:
$1,128
low | high
Med:
$428
100% of Average
On site:
135
low | high
Med:
185.5
72.77628032345% of Average
Sourced by Back At You

Market Activity 90031

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90031
Area677 Lincoln Hts
Listing VS Median (in 90031)
Price:
$2,275,000
low | high
Med:
$1,162,500
98.901098901099% of Average
sqft:
2,017
low | high
Med:
2,717
15.294992563213% of Average
$ / sqft:
$1,128
low | high
Med:
$428
100% of Average
On site:
135
low | high
Med:
185.5
72.77628032345% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.76M - $2.843M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
214 S Avenue 18 Property Photo 1
$749,000
214 S Avenue 18
Los Angeles, CA 90031
Listing Updated: July 9, 2026 at 2:24:21 PM PDT