• 1338 W Manchester Avenue Los Angeles, CA 90044

  • $3,500,000
  • 0
    Sq Ft
  • 23323
    Sqft
  • Listed By: Ann Kim, Peninsula Realty, Inc., DRE #01194322
  • Source: CRMLS

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.

Property Type :

Land

County :

Los Angeles

Style :

Land

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Property Details

 

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.5354

Lot Size Source: Owner

Lot Size Square Feet: 23323

Listing Price Information

Original List Price: 3,500,000

Listing Contract Date: 2024-04-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6047001008

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C34 - Los Angeles Southwest

Postal Code Plus 4: 2240

Directions: Corner of Normandie Ave and Manchester Ave

Zoning: LAC2

Source Property Type: Land

Area: C34 - Los Angeles Southwest

Building and Construction

Year Built Source: Vendor Enhanced

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ByOwner last updated this listing 05/18/2024 @ 00:16

MLS: SB24083803
LISTED BY: Ann Kim, Peninsula Realty, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 1.75%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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