1041 S Manhattan Place, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 3 bath

1041 S Manhattan Place, Los Angeles, California 90019 home-pic-0
ACTIVE$1,575,000
1041 S Manhattan Place, Los Angeles, California 90019
4Beds
3Baths
2,318Sqft
6,257Lot
Year Built
1919
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$679
HOA
-
Days on market
-
Sold On
-
MLS number
25508275
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.57M(66th), sqft - 2318(77th), beds - 4(68th), baths - 3(58th).

Prime Location K- town ! Modern open Floor plan with nature Light The New Gourmet kitchen with modern materials and fixtures granite counter tops bar area, hard wood cabinets matched appliance Separated master bedrooms is conveniently privacy, large beautiful 2 story Home This home is very bright and spacious Living room with a fire place , and High celling This Dream house is the close of country club drive close to DTLA all kind of Entertainments, transportation bank and market. This home is Country club HPOZ Enjoy a convenient Lifestyle Please hurry before It's Gone

Price History

Date
Event
Price
01/18/96
Sold
$180,000
Condition Rating
Good

The property features a recently renovated gourmet kitchen with modern materials, granite countertops, hardwood cabinets, and matched stainless steel appliances, as confirmed by the images. Bathrooms also appear updated with contemporary fixtures and tiling. Hardwood floors are present throughout the main living areas and are in good condition. The open floor plan and high ceilings contribute to a modern aesthetic. However, the home was built in 1919, and while the description highlights recent kitchen updates, there is no explicit mention of comprehensive updates to major systems such as plumbing, electrical, HVAC (specifically cooling), or the roof. The absence of a cooling system is noted as a weakness in the property analysis. These unconfirmed or missing major system updates prevent it from achieving an 'Excellent' score, but the significant visible renovations make it move-in ready and well above 'Fair'.
Pros & Cons

Pros

Prime Koreatown Location: Situated in a highly desirable Koreatown location, offering excellent proximity to DTLA, entertainment, transportation, banks, and markets, ensuring a convenient lifestyle.
Recently Updated Gourmet Kitchen: Features a new gourmet kitchen with modern materials, fixtures, granite countertops, a bar area, hardwood cabinets, and matched appliances, appealing to contemporary buyers.
Spacious & Bright Open Floor Plan: Boasts a modern open floor plan across two stories, enhanced by abundant natural light, high ceilings, and a spacious living room with a fireplace, creating an inviting atmosphere.
Historic Preservation Overlay Zone (HPOZ) Status: Located within the Country Club HPOZ, which helps preserve the neighborhood's historic character and can contribute to long-term property value stability.
Desirable City Lights View: Offers a desirable 'City Lights' view, adding a premium aesthetic and enhancing the property's appeal.

Cons

Significant Price Discrepancy: The current listing price is substantially higher than the provided property estimation, potentially indicating overpricing or an outdated valuation that could impact buyer interest and negotiation.
Unspecified Major System Updates: While the kitchen is new, the property's 1919 build year suggests potential for older major systems (e.g., plumbing, electrical, HVAC, roof) that are not explicitly mentioned as updated, which could lead to future expenses.
Absence of Cooling System Mention: The description does not specify the presence of a cooling system (e.g., central AC), which could be a significant drawback for comfort during warmer months in Los Angeles.

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