130 W Manchester Ave - Retail FOR SALE


Los Angeles, CA 90003
$1,499,000 USD
310-710-5626
130 W Manchester Ave, Los Angeles, CA for Sale
$1,499,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

130 W Manchester Ave
Los Angeles, CA 90003


HIGHLIGHTS

  • APPROX. 2,976 SF MEDICAL BUILDING ON 11,762 SF LAC2 ZONED LOT.
  • EXCELLENT FREEWAY ACCESSIBILITY; ONE BLOCK EAST OF THE 110 FREEWAY.
  • CURRENT CLINIC HAS BEEN AT THIS LOCATION OVER 20 YEARS & IS ON A MONTH TO MONTH TENANCY.
  • OUTSTANDING CAR TRAFFIC COUNTS; APPROX. 50,000 CARS PER DAY.
  • EXCELLENT DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.

OVERVIEW

Presenting a prime opportunity at 130 W. Manchester Ave., Los Angeles, CA 90003— a 2,976 square foot freestanding medical building situated on an 11,762 square foot LA-C2 zoned lot. This property boasts exceptional on-site parking with ample street parking, making it highly convenient for both clients and staff. With 120 feet of frontage along Manchester Ave., the building enjoys outstanding visibility, attracting attention from approximately 50,000 cars passing by daily. The site is currently occupied by Bienestar Human Services, a long-term tenant of over 20 years, & is on a month-to-month tenancy, offering flexibility for potential new uses. Strategically located just one block east of the 110 freeway and nestled between Broadway and Main St., this property offers excellent freeway access and connectivity. The surrounding area features strong demographics, with over 60,000 residents within a 1-mile radius and more than 400,000 residents within a 3-mile radius. This property is an excellent opportunity for an owner/user, an investor with tenant(s) in mind looking to capitalize on its prime location and zoning flexibility.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Medical Building with Parking

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,762 SF

ZONING

LA-C2

APN/PARCEL ID

6040-012-028

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.