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743 North Manhattan Place, East Los Angeles, CA 90038

$665K2bd · 2ba · 1,044 sqft
HOA $309/mo•Condominium•
Active
•43d on market•MLS# 00-26990593

Property Description

Set on a tree-lined block in the heart of Melrose Hill, this thoughtfully updated 1922 Spanish-style condo honors its historic character while embodying contemporary design. Enter through a private stairway into this upper-level two-bedroom residence. A landing area outside the unit's front door allows for a graceful transition home. Once inside, a formal dining room opens to the adjacent living room, where original period details like the Batchelder tile fireplace, built-in bookshelves, and arched doorways are complemented by newly added elements of wainscoting, crown molding, brass light fixtures, and wide-planked hardwood floors. Peekaboo Downtown L.A. views orient you on your quiet block of our iconic city. A spacious powder room sits just off the living room. Beyond this main living space are the kitchen and grand hallway leading to the bedrooms and laundry, with a color-drenched primary positioned at the end of the hall. Across from the guest room is the unit's full bath, which services both bedrooms and features a tub. A laundry room serves as the back entrance, where stairs lead to the unit's driveway and carport. Parking for two vehicles per unit is permitted. This fourplex is a Tenancy-in-Common ownership structure, well established and managed since its inception in 2019. Major improvements to the building and unit include new electrical, sewer line, plumbing, and roof. Additionally, the unit has a newer washer and dryer, water heater, kitchen appliances, and HVAC mini-splits in each bedroom and the main living space. Melrose Hill is an exciting, emerging neighborhood, quickly becoming a destination in and of itself for food, art, and culture. Blocks away are iconic neighborhood favorites like Cafe Telegrama, Bar Etoile, tra, Little Fish, LA Grocery & Cafe, and FOLM Studio. With easy access to Larchmont, the Eastside, Hollywood, Koreatown, and Downtown L.A., this is a rare opportunity to own a character-rich home, updated to perfection, in one of the coolest neighborhoods of Central Los Angeles.

Features & Amenities

FeeBuilt 1922

Property Details

Land Type
Fee
Year Built
1922
Property Type
Residential
Property Subtype
Condominium
Heating
Zoned
View
City Lights, Peek-A-Boo
Flooring
Wood
City
East Los Angeles
Zip Code
90038
County
Los Angeles
Listed byCarolwood Estates, Marlee Sherwin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,362.60
Principal & Interest
Loan Amount
$532,000
Total Interest
$678,537
Total Payment Over 30 Years
$1,210,537
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

743 North Manhattan Place, East Los Angeles, CA 90038

East Los Angeles · Condominium

$665K
Affordable Tier
Beds
2
Baths
2
Sqft
1,044
Lot
0 sqft
Year
1922
$/Sqft
$637
Pool: No✓
View: city✓

Listed 6.6% above the median closed sale of $624,000. Price per sqft ($637) is a 22% premium to closed comps ($523). Expect a longer timeline — comps averaged 165 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $665K· $637/sqft
Total list price
Closed comps
vs closed median $624K
+$41K (+6.6%)
Active comps
vs active median $639K
+$26K (+4.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $642
−$5 (−0.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4733 Elmwood AvenueLos Angeles2008221,1207,252$535$599,0006281
4813 Oakwood AvenueLos Angeles2017221,21614,516$624$759,0004778
532 RossmoreLos Angeles1972229840$649$639,00017673
585 Rossmore AvenueLos Angeles19901170017,955$893$625,00010063
102 Manhattan PlaceLos Angeles1989331,41314,851$509$719,00066453
Total: 5 · Average2.02.01,086.613,643.5$642$668,200209.8
Median1,120$639,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
745 Manhattan PlaceLos Angeles192204/23/2026221,0826,877$610,000$624,000$5771.026591
509 Hobart BoulevardLos Angeles192705/20/2026221,2206,142$620,000$610,000$5000.9838483
511 Hobart BoulevardLos Angeles192709/22/2026221,3306,142$599,000$570,000$4290.9528583
4943 Rosewood AvenueLos Angeles199207/07/2026221,18014,522$699,000$675,000$5720.973379
4568 1ST StreetLos Angeles200309/25/2026221,3410$739,000$720,000$5370.976075
Total: 5 · Average2.02.01,230.68,420.75$639,800$639,800$523—165.4
Median1,220$624,000$624,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.