818 828 E Manchester Avenue, Los Angeles, CA 90001

$2,150,000

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List Price
$2,150,000
Status
ACTIVE
MLS#
GD26136433
Year Built
1956
Lot Size
20,432
Acres
0.47
Lot Location
0-1 Unit/Acre
Days on Market
35
Property Type
Commercial
Property Sub Type
Industrial

Property Description

818–828 E Manchester Avenue is a CM-zoned South Los Angeles industrial investment offering current income with RTI-secured reconstruction upside. The property totals approximately ±9,228 SF of building area on approximately ±20,432 SF of land across three legal parcels. The asset has historically operated as two primary industrial components. 818 E Manchester is leased to All Star Towing Transport Inc. at $8,000/month through August 31, 2030, providing $96,000 in annual gross scheduled income. 828 E Manchester is the value-add component and consists of an existing fire-damaged industrial / auto repair building with RTI secured for reconstruction. The RTI / permit materials identify the use as an auto repair garage, creating potential suitability for specialized automotive, fleet, or school bus repair operations, subject to buyer verification with the City of Los Angeles and all applicable agencies. The property benefits from CM-1 zoning, yard/parking utility, infill industrial positioning, and convenient access to the 105, 110, and 710 freeways. Upon completion of the 828 reconstruction, the property may offer additional income potential through lease-up, owner operation, or integration with the overall industrial site. This offering is well suited for private industrial investors, 1031 exchange buyers, contractors, value-add operators, and local users seeking control of a functional CM-zoned industrial asset with both current income and future upside. RTI plans and supporting permit materials are available for review. Buyer to verify all square footage, lot size, zoning, permitted uses, parcel boundaries, lease terms, expenses, environmental condition, RTI/permit status, construction scope, remaining fees, and all governmental requirements.

Additional Information

Water
Public
Attached Structure
Detached
Gross Scheduled Income
$96,000
Operating Expense
32800

Listing courtesy of Listing Agent: Arthur Ambarchyan (Arthur@natprops.com) from Listing Office: Keller Williams R. E. Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.