Listing by: Ann Kim, Peninsula Realty, Inc., 310-525-4989
0 Beds
n/a Full bath
n/a SqFt
Active
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 Details | ||
---|---|---|
Price | $3,500,000 | |
Property Style | Commercial | |
Lot Size Area | 23323 | |
Lot Size Area Units | Square Feet | |
Acres | 0.5354 | |
Property Type | Land | |
Features | Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Water Available,Water Connected | |
Exterior Features | Urban | |
View | None | |
Lot Description | 0-1 Unit/Acre | |
Association Fee | 0 | |
Geographic Data | ||
Directions | Corner of Normandie Ave and Manchester Ave | |
County | Los Angeles | |
Latitude | 33.959685 | |
Longitude | -118.299853 | |
Market Area | C34 - Los Angeles Southwest | |
Address Information | ||
Address | 1338 W Manchester Avenue, Los Angeles, CA 90044 | |
Postal Code | 90044 | |
City | Los Angeles | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Peninsula Realty, Inc. | |
Listing Agent | Ann Kim | |
Listing Agent Phone | 310-525-4989 | |
Attribution Contact | 310-525-4989 | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Special listing conditions | Standard | |
Ownership | None | |
MLS Information | ||
Days on market | 127 | |
MLS Status | Active | |
Listing Date | Apr 26, 2024 | |
Listing Last Modified | Sep 1, 2024 | |
Tax ID | 6047001008 | |
MLS Area | C34 - Los Angeles Southwest | |
MLS # | SB24083803 |
This information is believed to be accurate, but without any warranty.