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316 W Manchester Ave, Los Angeles, CA 90003
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316 W Manchester Ave Los Angeles, CA 90003

$2,600,000
  • -- Beds
  • -- Baths
  • 1,394 Sq.Ft.
For Sale
$2,600,000 Get Pre-Qualified
Map preview of 316 W Manchester Ave, Los Angeles, CA 90003

Property Overview: 316 W Manchester Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,394 living square feet and 25,969 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 Location with Exceptional Potential: This property offers an unparalleled location, strategically situated adjacent to the freeway, in close proximity to LAX, and providing a direct route to the Port. Boasting two expansive gates, this lot is not only conveniently accessible but holds limitless possibilities. Formerly an auto-dealer, the property features a substantial improvement, comprising a 1400 sqft structure with a remarkable height of 12 ft. Equipped with a bathroom and two car bays, the building also includes the foundation for a potential third bay or additional office areas. Enhancing its functionality, one of the bays features a hydraulic lift, adding valuable utility to the space. Moreover, the property encompasses a two-office trailer, complementing the existing structure. With close to 26,000 sqft of flat, paved space, the property is a canvas for diverse utilization and development possibilities. Whether you are a buyer seeking a strategic investment, a shipping broker in search of an optimal location, or a builder envisioning a project with limitless potential, this property is poised to meet and exceed your expectations. Explore the endless possibilities and envision the future possibilities that this prime location has to offer.

Listed by Nizar Kailani | BRE #01272558 | Kailani Realty
Last checked: 5 minutes ago | Last updated: December 20th, 2023 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
25,969
HOA Dues
$0/mo
Year built
1967
Garage
--
Property Type:
Business
Status
Active
MLS#
AR23228001
City
Los Angeles
County
Los Angeles
Time on Site
130 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
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 316 W Manchester Ave

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Property Details for 316 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
  • Parcel Number: 6040014020
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Exit Manchester at the 101
View more facts & features

Local Los Angeles Agent

Sale History for 316 W Manchester Ave

Last sold on November 30th, 2004

  • December, 2023

  • Dec 27, 2023

    Date

    Delete

    CRMLS: DW23230233

    $3,500,000

    Price

  • Dec 26, 2023

    Date

    Active

    CRMLS: DW23230233

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2023

  • Dec 27, 2023

    Date

    Expired

    CRMLS: 23341735

    $3,500,000

    Price

  • Dec 15, 2023

    Date

    Active

    CRMLS: 23341735

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    Realty Group Advisors presents an Exceptional Location Opportunity!!! This prime property, strategically positioned adjacent to the freeway, is a mere 8.6 miles from LAX, providing unparalleled proximity. Additionally, it is conveniently situated just 16.3 miles from Long Beach-Daugherty Field Airport and 23.9 miles from Bob Hope Airport. Boasting two expansive gates, this lot not only offers convenient accessibility but also presents boundless possibilities. Formerly utilized for automotive purposes, the property showcases a substantial improvement. Adding to its versatility, the space includes the foundation for potential expansions or additional functionalities. Furthermore, the property spans close to 26,000 sqft of flat, paved space, serving as a blank canvas for diverse utilization and development opportunities.Notably, this site holds a TOC4 designation, further enhancing its appeal and potential. What's more, the property boasts an impressive traffic count of 303,868 cars per day from the 110 Freeway, ensuring high visibility and exposure. Whether you're an investor seeking a strategic opportunity, a shipping broker in pursuit of an optimal location, or a visionary with a project in mind, Realty Group Advisors invites you to explore this property that is ready to surpass your expectations. Delve into the myriad possibilities and envisage the future prospects that this exceptional TOC4-designated location, conveniently located near major airports, holds.

  • December, 2023

  • Dec 19, 2023

    Date

    Active

    CRMLS: AR23228001

    $2,600,000

    Price

  • November, 2004

  • Nov 30, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 316 W Manchester Ave

Assessed Value (2020): $414,067
Year Land Value Improved Value Assessed Value
2020 $326,606 $87,461 $414,067

Home Value Compared to the Market

This property vs the competition

316 W Manchester Ave is listed 110.36% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $1865.14 per/sqft which puts the price per square foot 141.29% higher than the median price per square foot for the city of Los Angeles.

About 316 W Manchester Ave

Detailed summary of property

316 W Manchester Ave is a business located in Los Angeles, CA 90003 and is currently for sale. This business offers -- bedrooms, -- bathrooms, roughly 1,394 living square feet, and sits on an approximately 25,969 square foot lot. 316 W Manchester Ave was first listed on ArdentRealEstateGroup.com on December 19, 2023. The homeowner is currently asking $2,600,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 110.36% higher than the median priced home. Local competing homes currently for sale include 1605 E 1st St, 2603 Hauser Blvd and 198 S Commonwealth Ave. While the average home in Los Angeles, CA is selling in 96 days, 316 W Manchester Ave has a days on market of 108 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 316 W Manchester Ave Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 316 W Manchester Ave

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
1,398
Lot Size
25,959
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
25-27
APN
6040-014-020

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$570,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
39
Median Sale to List Price %
99.13%
Avg Days on Market
30
Loan Type
Conventional (37.5%), FHA (25%), VA (0%), Cash (0%), Other (25%)

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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.

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