1338 W Manchester Avenue , Los Angeles, CA 90044
Los Angeles, CA 90044
Description
Prime investment opportunity in the heart of South Central Los Angeles Area. This corner lot is a rare gem, situated on the bustling intersection of Normandie Ave and Manchester Ave, offering exceptional visibility and access. Ideal for investors and owner-users alike, this property presents a multitude of development and investment prospects in a thriving market. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records and the actual size of 23326. Currently, the property is fully paved and fenced and hosts three tenants operating in the auto-related sector with month to month lease. The property holds potential for transformation into a gas station, drug store, fast-food restaurant, or neighborhood retail services hub. Property tours are limited to the exterior only, with tenants undisturbed. For interior viewings, please coordinate with the listing broker.
Details
| MLS# | SB24083768 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 262 |
| Listing Provided By | Peninsula Realty, Inc. 310-938-4989 | Ann Kim |
Features
| SQ Feet | 2,181 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | LAC2 |
| Acreage | 0.51 |
Market Activity 90044
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90044) | |
Price: $3,000,000 low | high Med: $1,080,000 SqFt: 2,181 low | high Med: 3,398 $ / SqFt: $1,376 low | high Med: $318 On Site: 262 low | high Med: 264.000000 | |