3355 Manning Avenue Los Angeles, CA $ 7,300,000
3355 Manning Avenue
$ 7,300,000
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3355 Manning Avenue

Los Angeles, CA, 90064
$ 7,300,000
Baths0.0 Sq 17,849

Monthly Estimate*

$ 48,518

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,300,000. This 17,849 square foot home was built in 1956 on a lot size of 0.51.

We are pleased to present a prestigious opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Los Angeles. 3355 Manning Avenue, known as Cheviot Lanai, has been lovingly cared for, operated and managed by the same family since it was built by them in 1956. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1, 2, and 3-bedroom units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. The property is an ideal mid-century gem situated on nearly a half acre of land zoned R3. Units feature hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, large balconies, and an in-unit washer and dryer (select units). The units that do not have a washer and dryer have laundry hookups for them (except the 1-bedroom unit). Other property features include a well landscaped courtyard with a large sparkling pool, copper plumbing, intercom entrance, a pitched roof, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best pockets of the Westside.

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Multi-Family Pending

Price

$ 7,300,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.51

Year Built

1956

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024374973

Features
General
Heating Forced Air
Zoning LAR3
Year Built 1956
Levels One
County Los Angeles
Net Operating Income 323251.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Pending
City Los Angeles
Buyer Agent Compensation 1.75
Senior Community Y/N No
MLS Area C08 - Cheviot Hills/Rancho Park
Lot Size Square Feet 22174.0
Street Name Manning
Additional Parcels Y/N No
Standard Status Pending
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Flooring Wood
Kitchen Appliances Disposal Gas Oven Gas Cooktop Refrigerator
Heater Fuel Type Natural Gas
Total Stories 2
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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Exterior
Parking Features Assigned Covered
Lot Size Area 22174.0
Building Area Total 17849.0
Lot Size Acres 0.51
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jonathan Taksa

Listing Agent

Remax Commercial And Investment Realty

Broker

Affordability Calculator

$48,518
Per Month
100%
0%
0%
Monthly Principal & Interest
$48,518
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2024$7,300,000 Listed Price

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3355 Manning Avenue, Los Angeles, CA, 90064 is a Multi-Family Home for sale at $7,300,000 with 17,849 sqft and a lot size of 0.51. 3355 Manning Avenue is a studio with 0.0 baths and was built in 1956. The property's zip code is 90064 which is in Los Angeles, CA