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  • 734 S Manhattan Place

734 S Manhattan Place, Los Angeles, CA 90005

$2,900,000 Approx. USD 0 beds, 0 baths

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Photo of Ed Solorzano

Ed Solorzano REALTOR® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com Text Me
Call My Cell
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Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
Phone: 310-777-7800
Fax: 310-858-1295
 Beverly Hills 131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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Listing Agent


Don Favia | dfavia@riacre.com
Lic#: 01841258
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 424-377-6002

Co Listing Agent


Benjamin J. Hsiang | bhsiang@riacre.com
Lic#: 01438644
Broker: Courtesy of Realty Investment Advisors, Inc.
Phone: 424-377-6001

Agent Remarks

***BANK OWNED SALE*** 64 UNITS RTI Plans - We are excited to offer 734 S. Manhattan Place, a 15,000-square-foot TOC Tier 3 vacant lot zoned R4-2 in the heart of Koreatown. This prime development opportunity offers various possibilities, including the option to immediately begin construction on a fully approved 64-unit, seven-story project, or to explore a new design for an ED1 100% affordable housing project.The current owner has full approvals to build a 60 unit + 4 ADUs RTI (Ready-to -Issue) development. The seven-story proposed project will encompass approximately 61,639 square feet in total building area. Of the 64 units proposed, 24 will be studio units, 30 will be three-bedroom units, 6 will be four-bedroom units and 4 will be ADUs. 6 of the 64 total units will need to be dedicated to extremely low income affordable units. The plans include 33 automobile parking spaces, 49 long-term bicycle spaces and 12 short-term parking spaces. Designed with modern living in mind, each unit will appeal to a wide range of tenants, ensuring high occupancy rates and steady cash flow. Property is currently fully vacant, so no tenant relocations required. Located just two blocks from the Wilshire/Western intersection, this property offers easy access to the vibrant amenities of Koreatown and within short driving distance of Downtown LA, Hollywood, Los Feliz, Silver Lake, and Hancock Park.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 26672299
List price is $2,900,000 Reduced by $400,000 on 5/4/2026
Price: $2,900,000
Beds: 0
Baths: 0
0.34 acres
Lot size: 0.3444
County: Los Angeles
Zoning: LAR4
MLS area: C18 - Hancock Park-Wilshire

Last Updated: 5/4/2026

 Days On Market (DOM): 77

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This listing belongs to the C18 - Hancock Park-Wilshire MLS area

Lat/Long: 34.058683, -118.309841.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Ed Solorzano

Ed Solorzano REALTOR® - Sales Associate 310-990-6252 m
310-777-2863 o
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 01276829
NRDS ID: 175511657
solorzanorealtor@gmail.com
Beverly Hills Office
131 South Rodeo Drive, Ste. 100
Beverly Hills, CA 90212
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