1338 W Manchester AVE LOS ANGELES CA MLS #SB24083803MR

1338 W Manchester AVE
LOS ANGELES, CA,
$3,500,000
Beds
0 Baths
SqFt
1 Acres
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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
MLS #:
SB24083803MR
Status:
Active
Baths:
0
Address:
1338 W Manchester AVE
Type:
Land
Neighborhood:
losangelessouthwest
City:
LOS ANGELES
Listed Date:
Apr 26, 2024
State:
CA
Lot Size:
23,323 sqft / 1.00 acres (approx)
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