1338 West Manchester Avenue

1338 West Manchester Avenue

Los Angeles, CA 90044

$3,500,000
Price
—
Beds
2,181 Sq. Ft.
$1,605 / Sq. Ft.
2,181
Sq. Ft.
$1,605
per Sq. Ft.
an aerial view of a city
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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...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.
  1. Listed by Ann Kim • DRE #01194322 • Brokerage DRE #01884317 • Peninsula Realty, Inc. • 310-525-4989

Property Details for 1338 West Manchester Avenue

Total Units
3.0
Lot Size Source
Assessor
Building Area Total
2181
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Zoning
LAC2
Parcel Number
6047001008

Location

Listing Courtesy of Peninsula Realty, Inc., Ann Kim, DRE #01194322
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LISTING UPDATED: 05/23/2024 09:22 AM

Property Details for 1338 West Manchester Avenue

StatusActive
MLS #SB24083768
Days on Market35
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1941
Lot Size0.51 AC / 22,259 SF
CountyLos Angeles County

Location

Listing Courtesy of Peninsula Realty, Inc., Ann Kim, DRE #01194322
Add your commute

Building Information for 1338 West Manchester Avenue

Stories1Residences-Year Built1941Lot Size0.51 AC / 22,259 SF

Payment Calculator

$19,852 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1338 West Manchester Avenue

Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: month to month
Unit Information
  • Number Of Units Leased: 3
  • Number Of Buildings: 1

Property History for 1338 West Manchester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1338 West Manchester Avenue

Taxable ValueLand$602,731Additions$16,709Total$619,440
Tax Record2023$9,017 ($751 / month)
Home Facts
Total Finished SqFt2,181 SqFtAbove Grade Finished SqFt2,181 SqFtStories1Lot Size22,253 SqFtStyleService StationYear Built1941ZoningLAC2CountyLOS ANGELESAPN6047-001-008

Schools near 1338 West Manchester Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
La Salle Avenue Elementary School
Public - K to 5
Vox Collegiate of Los Angeles
Charter - 6 to 8
George Washington Preparatory High School
Public - 9 to 12
Alliance Piera Barbaglia Shaheen Health Services Academy
Charter - 9 to 12
Rating
School
Distance
La Salle Avenue Elementary School
PublicK to 5

Vox Collegiate of Los Angeles
Charter6 to 8

George Washington Preparatory High School
Public9 to 12

Alliance Piera Barbaglia Shaheen Health Services Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1338 West Manchester Avenue, Los Angeles, CA 90044

1338 West Manchester Avenue is a mixed use property for sale in Los Angeles, CA 90044. This property was listed for sale on April 26, 2024 by Peninsula Realty, Inc., it's currently listed at $3,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include La Salle Avenue Elementary School, Vox Collegiate of Los Angeles and George Washington Preparatory High School. 1338 West Manchester Avenue is a 0-bed, 0-bath, 2,181 sqft mixed use property built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peninsula Realty, Inc., Ann Kim, DRE #01194322

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.