Listing by: Ann Kim, Peninsula Realty, Inc.

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
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
Buyer Agency Compensation 1.750
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 0
MLS Status Active
Listing Date Apr 26, 2024
Listing Last Modified Apr 26, 2024
Tax ID 6047001008
MLS Area C34 - Los Angeles Southwest
MLS # SB24083803

This information is believed to be accurate, but without any warranty.
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