1338 West Manchester Avenue

Los Angeles, CA 90044

$3,500,000
Price
23,323 / 0.54
Lot Size / Acres

Description

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...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.
  1. Listed by Ann Kim • DRE #01194322 • Brokerage DRE #01884317 • Peninsula Realty, Inc. • 310-525-4989

Property Details for 1338 West Manchester Avenue

View
None
Lot Size Source
Owner
Assessor Parcel Number
6047-001-008
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00
LISTING UPDATED: 08/31/2024 03:24 PM

Property Details for 1338 West Manchester Avenue

StatusActive
MLS #SB24083803
Days on Market208
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.54 AC
CountyLos Angeles County

Building Information for 1338 West Manchester Avenue

Lot Size0.54 AC

Property Information for 1338 West Manchester Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 2382.00
  • CFD/Mello-Roos Fee: $1,587
  • Tax Lot: 64
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre
  • Current Use: Commercial
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Electric: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 1338 West Manchester Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1338 West Manchester Avenue

Taxable ValueLand$614,785Additions$17,043Total$631,828
Tax Record2024$9,163 ($764 / month)
Home Facts
Total Finished SqFt2,181 SqFtAbove Grade Finished SqFt2,181 SqFtStories1Lot Size22,253 SqFtStyleService StationYear Built1941ZoningLAC2CountyLOS ANGELESAPN6047-001-008

Schools near 1338 West Manchester Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 10
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
La Salle Avenue Elementary School
PublicK to 5

Vox Collegiate of Los Angeles
Charter6 to 10

George Washington Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1338 West Manchester Avenue is a 0.54 ac of land for sale in Los Angeles, CA 90044. This property was listed for sale on April 26, 2024 by Peninsula Realty, Inc., it's currently listed at $3,500,000. This listing's school district is Los Angeles Unified School District. Nearby schools include La Salle Avenue Elementary School, Vox Collegiate of Los Angeles and George Washington Preparatory High School. 1338 West Manchester Avenue is a 0-bed, 0-bath, 0.54 ac of land on a 23,323 sq. ft. / 0.54 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Peninsula Realty, Inc., Ann Kim, DRE #01194322

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.