806 South Manhattan Place, Los Angeles, CA 90005



Equity multiple


  • The development site is located at 806 Manhattan Pl in the heart of Koreatown, two blocks south from Wilshire Blvd. and Western Ave., which has a subway station and the Iconic Wiltern Theater. The development site is a 7,500 SF parcel of land and will consist of 21 market rate units, 8 fully-furnished units for corporate housing tenants, and 4 low-income apartment units, for a total of 33 units. This site is made attractive by a dense R4-1 zoning TOC Tier 3 (70% Density Bonus), FAR of 3:1 with 50% increase, with no height restrictions. The property was acquired in December 2022. The vision for the project is to build a modern boutique apartment complex with progressive but cost-efficient design elements.
  • The Project has received approved TOC Tier 3 verification and submitted to Building and Safety PZA (Project Zoning Approval). Once approved we anticipate to obtain Building Permits within 12 months.
  • Bedrock Property Investors, LLC in partnership with DCX Developers and Archeon Group has extensive expertise in designing and developing a broad range of real estate assets. Archeon, a Los Angeles-based architectural and development firm, has designed over 10,000 multifamily units and has a 30+ year track record with numerous award-winning projects.
  • Investment details and proforma are available upon request.

Invest with Bedrock

Bedrock Property Investors, LLC invites you to join us on our journey to make a difference in the lives of individuals and communities. Together, let’s create a brighter future by developing thriving, inclusive neighborhoods where everyone can thrive.