1338 Manchester Avenue, Los Angeles

$3,500,000

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0 Bed
0 Bath
.54 Acre
0 Garage

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.

Essential Information

MLS® #
SB24083803
Price
$3,500,000
Bathrooms
0.00
Acres
0.54
Type
Land
Status
Active

Community Information

Address
1338 Manchester Avenue
Area
C34 - Los Angeles Southwest
City
Los Angeles
County
Los Angeles
Zip Code
90044
Community Features
Urban
Senior Community
N

Amenities

View
None

Utilities

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected

Exterior

Lot Description
0-1 Unit/Acre

Additional Information

Date Listed
April 26th, 2024
Days on Market
25
Zoning
LAC2

Listing Details

Agent
Ann Kim
Office
Peninsula Realty, Inc.

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Ann Kim - Peninsula Realty, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of May 21st, 2024 at 2:20am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.