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2109 Manitou Ave, Los Angeles, CA, 90031

16beds
10baths
2,017sqft
$2,275,000
$1,128price/sqft
$13,597/moest. monthly cost
$543,880/yrincome needed

About This Home

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.

Getting Around

80
WalkingVery Walkable
56
TransitGood Transit
70
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1989

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 16
  • Bathrooms: 10

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 2,017
  • Total interior livable area: 2,017 sqft

Property

Details

  • Zoning: LARD3
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: Two

Lot

  • Lot size: 7,318 sqft

Parking

  • Parking features: Covered

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,503$138,036
Home Insurance *$392$4,704
Property Taxes $1,270$15,240
Electricity $432$5,190
Total$13,597$163,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$466,182/yr
40% on housing$407,910/yr
45% on housing$362,586/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,128This listing

vs Other Active Listings

Avg $/sqft

ZIP 90031$410
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90031$740
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-08Listed for sale$2,275,000
2021-03-24Listing removed--
2019-09-20Listing removed$1,950
2019-08-16Price change$1,950
2019-07-21Listed for rent$1,500

For Sale by Agent

AgentKian Maronde
BrokerageMarcus & Millichap

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