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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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1338 W Manchester Avenue,  Los Angeles CA, 90044

(Active)
$3,500,000
|
2,181 sqft
|
MLS# SB24083768
Last Updated: 5/8/2024 1:25 PM
Description for 1338 W Manchester Avenue Los Angeles, CA 90044
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.
Price
$3,500,000
Los Angeles
2,181 (approx)
SB24083768
Active
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, 1 Story
0.51 Acres Assessor 2,181 (approx)
1941 1
Public
1 Total
Neighborhood
Room Information
None
Exterior / Lot Features
0 Covered Parking Spaces,
LAC2
0-1 Unit/Acre
Driving Directions
Corner of Normandie Ave and Manchester Ave
Financial Considerations
6047001008
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90044 has a population of 3,956,168.

The median household income in Los Angeles, California 90044 is $38,669. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90044 is 38 years.

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Listing Agent: Ann Kim CalDRE: 01194322 - Peninsula Realty, Inc.
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This content last refreshed on 5/8/2024 1:25 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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