The Kenny Stevens Team is proud to announce the successful sale of 744 N Manhattan Place, a standout East Hollywood multifamily asset located just north of Melrose Avenue and west of Western Avenue. Built in 1990, this non-rent-controlled property presented an outstanding investment opportunity in one of LA’s most active and rapidly growing submarkets.

Positioned in the heart of East Hollywood, 744 N Manhattan offered strong location fundamentals and walkability. The neighborhood continues to benefit from new development, creative industries, and an influx of renters seeking proximity to Hollywood, Griffith Park, and key transit lines.

The property includes approximately 20 gated parking spaces, a rare amenity in this dense urban corridor. Two units were delivered vacant at closing, allowing immediate upside through lease-up or renovation. Investors also had the opportunity to assume a favorable Chase loan—$1,250,000 at 3.97% fixed for five years, interest-only for the first three years, with non-recourse terms and a 30-year amortization.

With its strategic location, income-producing potential, and flexible debt structure, 744 N Manhattan exemplifies the kind of value-driven, high-opportunity property that defines the East Hollywood multifamily market.