7151 W Manchester Ave Los Angeles, CA 90045

$884,500 Sold Price as of 12/12/2018

-- Beds
-- Baths
11,901 Sq.Ft.

Off Market

$884,500 Sold Price as of 12/12/2018 Refinance Your Mortgage

Map preview of 7151 W Manchester Ave, Los Angeles, CA 90045

Property Overview: 7151 W Manchester Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 11,901 living square feet and 10,475 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7151 W Manchester Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 7151 W Manchester Ave

Last sold for $884,500 on December 12th, 2018

July, 2023
Jul 1, 2023

Date

Expired

CRMLS: 23235013

$6,200,000

Price
Jan 23, 2023

Date

Active

CRMLS: 23235013

$6,200,000

Price
Listing provided courtesy of CRMLS

WESTMAC Commercial Brokerage Company is proud to present the opportunity to purchase or lease 7151 W. Manchester Avenue, a highly visible two-story office building located on the three (3) parcels of land in the affluent community of Westchester, minutes from Los Angeles International Airport, Loyola Marymount University, and the Pacific Ocean. Built in 1966, and renovated in the mid-2000's, 7151 W. Manchester Avenue features 11,711 square feet of building comprised of two above grade levels ( 8,002 SF) plus an improved basement level ( 3,709 SF). The building is situated on a rectangular shaped corner site consisting of three (3), [Q] C2-1-CDO, commercially zoned parcels, or 17,981 square feet of land. The site includes a parking lot with 44 parking spaces. The ground floor is currently leased to Chase Bank on a triple net basis. Verizon Wireless leases 400 square feet of basement space in support of a cellular roof antenna. Additionally, Chase leases a small portion of the basement ( 969 square feet) which is included in their monthly rent. There is 4,844 square feet ( 4,293 SF second floor, plus 551 SF lobby/reception area to the second floor) currently vacant and available for lease. The property is nestled at the northeast corner of Manchester Avenue and Fordham Road, facing the heavily traveled signalized intersection of Lincoln Boulevard with a daily traffic count of over 39,000 CPD. The area is an ideal location surrounded by walkable amenities, including Bristol Farms, LA Fitness, Ralph's, Bank of America, Starbucks, Bowlero, Otis College, Westchester Municipal Center, and much more. The property's location is part of Southern California's Silicon Beach. This region has attracted tech companies ranging from startups to established tech giants, recognizable names like Google and Facebook are neighbors with buzzy startups. The area offers a dynamic office market due to the influx of technology companies that make up Silicon Beach. In addition, it is also minutes to Los Angeles International Airport (LAX), Loyola Marymount University, and surrounded by a highly affluent demographic, which makes 7151 W. Manchester Avenue an excellent opportunity for owner-user, investors, developers, or tenants.

Continue Reading
August, 2022
Aug 15, 2022

Date

Active

CRMLS: 22189927

$12,000

Price
Listing provided courtesy of CRMLS

Second story office space with 15 private offices and 12 cubicle spaces, copy room, conference room, kitchen and private bathrooms. Reception entryway located on the first floor with access to second floor by elevator or stairs.

Continue Reading
December, 2018
Dec 12, 2018

Date

Sold (Public Records)

Public Records

$884,500

Price
April, 2007
Apr 4, 2007

Date

Sold (Public Records)

Public Records

$200,000

Price

Tax History for 7151 W Manchester Ave

Assessed Value (2020): $2,314,670

Year	Land Value	Improved Value	Assessed Value
2020	$1,451,084	$863,586	$2,314,670

About 7151 W Manchester Ave

Detailed summary of property

7151 W Manchester Ave is categorized with a use code of Financial Bldg (Bank, S&L; Mtge; Loan; Credit) in Los Angeles, CA 90045 and last sold on December 12, 2018 for $884,500. This property has -- bedrooms, -- bathrooms, roughly 11,901 living square feet, and sits on an approximately 10,475 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.03% lower than the current median priced home. 7151 W Manchester Ave was last sold on December 12, 2018 for $884,500. Local nearby listings include 8038 Stewart Ave, 7841 Stewart Ave and 7514 W 91st St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 7151 W Manchester Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7151 W Manchester Ave

Public county record property details

Beds: --
Baths: --
Year built: 1966
Sq. Ft.: 11,901
Lot Size: 10,475
Stories: 1

Type: Financial Bldg (Bank, S&L; Mtge; Loan; Credit)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,2
APN: 4113-013-028

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,899,000

Median List Price/Sq.Ft.

$845

Median Sold Price

$1,511,250

Median Sold Price/Sq.Ft.

$857

Total Inventory

Median Sale to List Price %

94.51%

Avg Days on Market

Loan Type

Conventional (12.12%), FHA (3.03%), VA (0%), Cash (27.27%), Other (6.06%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote