1338 W Manchester Ave, Los Angeles, CA 90044
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1338 W Manchester Ave Los Angeles, CA 90044

$3,500,000
  • -- Beds
  • -- Baths
  • 2,181 Sq.Ft.
For Sale
$3,500,000 Get Pre-Qualified

Map preview of 1338 W Manchester Ave, Los Angeles, CA 90044

Property Overview: 1338 W Manchester Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,181 living square feet and 22,259 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Ann Kim | BRE #01194322 | Peninsula Realty, Inc.
Last checked: 16 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
22,259
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SB24083768
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: --
  • # of Baths: --
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1338 W Manchester Ave

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Property Details for 1338 W Manchester Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 3
  • Parcel Number: 6047001008
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Normandie Ave and Manchester Ave
View more facts & features

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Sale History for 1338 W Manchester Ave

Last sold for $415,000 on October 13th, 1998
  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: SB24083768

    $3,500,000

    Price

  • October, 1998

  • Oct 13, 1998

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

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Tax History for 1338 W Manchester Ave

Assessed Value (2020): $589,284
Year Land Value Improved Value Assessed Value
2020 $573,387 $15,897 $589,284

Home Value Compared to the Market

This property vs the competition

1338 W Manchester Ave is listed 183.4% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1604.77 per/sqft which puts the price per square foot 107.33% higher than the median price per square foot for the city of Los Angeles.

About 1338 W Manchester Ave

Detailed summary of property

1338 W Manchester Ave is a mixed use located in Los Angeles, CA 90044 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 2,181 living square feet, and sits on an approximately 22,259 square foot lot. 1338 W Manchester Ave was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $3,500,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 183.4% higher than the median priced home. Local competing homes currently for sale include 198 S Commonwealth Ave, 4067 Beverly Blvd and 3280 Provon Ln. While the average home in Los Angeles, CA is selling in 94 days, 1338 W Manchester Ave has a days on market of 10 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1338 W Manchester Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1338 W Manchester Ave

Public county record property details
Beds
--
Baths
--
Year built
1941
Sq. Ft.
2,181
Lot Size
22,252
Stories
1
Type
Service Station (Full Service)
Pool
No
Spa
No
County
Los Angeles
Lot#
61-64
APN
6047-001-008

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
82
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.