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1338 W Manchester Ave Los Angeles, CA, 90044
$3,500,000 Land for sale 0.54 acres
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.
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Property details
23,323 sqft interior area
View
None
Land area
23,323 sqft (0.54 acres)
Price per sqft
$150/sqft
Days on Verhouse
22
Address
1338 W Manchester Ave, Los Angeles, CA, 90044
City of California
Los Angeles
County
Los Angeles
District
Listing
Zoning
LAC2
Open Houses
No upcoming open houses
Listed by
Ann Kim, Peninsula Realty, Inc.
Name
Ann Kim
License number
01194322
Brokerage company
Peninsula Realty, Inc.
MLS #
CRSB24083803
Payment calculator
Calculate your monthly payments
Mortgage
$10,746
Taxes
$0
HOA dues
$0
Mortgage
$700,000 / 20%
2.28%
30 years
Your amount
$10,746 / month
Lot details
TMK #6047001008
Parcel #
6047001008
90044 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90044
47%
Families with children
National average: 39%
29%
Non family households
748,058
Population
$58,986
Average Income
Age & gender
Median age 34 years
More info
Commute types
83% commute by car
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Education level
33% have not graduated education
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Number of employees
1% work in construction
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Vehicles available
34% have 1 vehicle
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Vehicles by gender
34% have 1 vehicle
More info
Housing market insights for
$738.15k
Neighborhood average
sales price*
sales price*
$692.5k
Neighborhood median
sales price*
sales price*
656
Number
of sales*
of sales*
Housing type
52% are single detacheds
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Rooms
47% of the houses have 4 or 5 rooms
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Bedrooms
66% have 2 or 3 bedrooms
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Owners vs Renters
59% are renters
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16.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Other Water/Sewer, Electricity Connected, Natural Gas Connected, Water Connected
Utilities
Other Water/Sewer, Electricity Connected, Natural Gas Connected, Water Connected
Location Details, Documents & Disclosures
—
Directions to property
Corner of Normandie Ave and Man
Price history
New Listing Apr 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 26, 2024 | New Listing | $3,500,000 | 150.07 | MLS #CRSB24083803 |
| Apr 26, 2024 | New Listing | $3,500,000 | 0 | MLS #CRSB24083768 |
Agent viewpoints of 1338 W Manchester Ave, Los Angeles, CA, 90044
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Frequently Asked Questions about 1338 W Manchester Ave
What is 1338 W Manchester Ave?
1338 W Manchester Ave is a lot of 0.54 acres (about is 23,323 sqft).
What is the full address of this Land?
1338 W Manchester Ave, Los Angeles, CA, 90044.
Tell me about the point of interest nearby
The closest grocery stores are Numero Uno Market, 1.8 miles away and Food 4 Less, 1.94 miles away.
Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 26, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Numero Uno Market, 1.8 miles away and Food 4 Less, 1.94 miles away.
The 90044 zip area has a population of 748,058, and 47% of the families have children. The median age is 34.17 years and 83% commute by car. The most popular housing type is "single detached" and 59% is renter.
