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1338-1348 W Manchester Ave

0.54 Acres of Commercial Land Offered at $4,219,200 CAD in Los Angeles, CA 90044

Executive Summary

Peninsula Realty is proud to present its listing of 1338 W Manchester Ave, a 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. This site was previously operated as a gas station, which its tanks were completely excavated and removed. Currently, the property has an existing building spanning 2,181 square feet, accommodating three tenants engaged in the auto-related sector, all on month-to-month leases. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records, actual size of 23,326SF. Additionally, the property is fully fenced, ensuring security. The property holds potential for transformation into a gas station, 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 Ann Kim, Peninsula realty, the listing broker.

Property Facts

Price $4,219,200 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Subsidized
  • Drugstore
  • Fast Food
  • Service Station
Total Lot Size 0.54 AC

1 Lot Available

Lot 6047-001-0

Price $4,219,200 CAD
Price Per AC $7,813,333 CAD
Lot Size 0.54 AC

Corner lot at the cross of Normandie Ave and Manchester Ave. Lot Frontage: 176’ on Normandie Ave & 180’ on W Manchester Ave.

Walk Score ®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6047-001-008
Land Assessment
$863,576 CAD
Improvements Assessment
$23,940 CAD
Total Assessment
$887,516 CAD

zoning

Zoning Code C2 (C2, Commercially zoned.)
C2 (C2, Commercially zoned.)
  • Listing ID: 31623488

  • Date on Market: 2024-04-26

  • Last Updated:

  • Address: 1338-1348 W Manchester Ave, Los Angeles, CA 90044

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