1338-1348 W Manchester Ave - Commercial LAND FOR SALE


Los Angeles, CA 90044 23,522 SF
$3,000,000 USD
310-525-4989
1338-1348 W Manchester Ave, Los Angeles, CA for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/11
23,522 SF

1338-1348 W Manchester Ave
Los Angeles, CA 90044


OVERVIEW

Peninsula Realty is proud to present its listing of 1338 W Manchester Ave, a 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. This site was previously operated as a gas station, which its tanks were completely excavated and removed. Currently, the property has an existing building spanning 2,181 square feet, accommodating three tenants engaged in the auto-related sector, all on month-to-month leases. Positioned within the Vermont/Manchester Recovery Redevelopment Project and zoned as C2-1VL, the lot spans 22,252 square feet according to tax records, actual size of 23,326SF. Additionally, the property is fully fenced, ensuring security. The property holds potential for transformation into a gas station, 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 Ann Kim, Peninsula realty, the listing broker.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$5,555,650/AC

PRICE/SF

$128 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Apartment Units - Subsdzd, Drug Store, Fast Food, Service Station

LAND ACRES

0.54 AC

LAND SF

23,522 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C2

APN/PARCEL ID

6047-001-008

ASK ABOUT THIS PROPERTY

Ann KimPeninsula Realty Inc.More Info
310-525-4989

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Ann KimPeninsula Realty Inc.More Info
310-525-4989

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