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Freestanding Medical Building with Parking 130 W Manchester Ave

2,976 SF Retail Building Los Angeles, CA 90003 $1,519,000 ($510/SF)

Investment Highlights

  • APPROX. 2,976 SF MEDICAL BUILDING ON 11,762 SF LAC2 ZONED LOT.
  • CURRENT CLINIC HAS BEEN AT THIS LOCATION OVER 20 YEARS & IS ON A MONTH TO MONTH TENANCY.
  • EXCELLENT DEMOGRAPHICS; OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 450,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.
  • EXCELLENT FREEWAY ACCESSIBILITY; ONE BLOCK EAST OF THE 110 FREEWAY.
  • OUTSTANDING CAR TRAFFIC COUNTS; APPROX. 50,000 CARS PER DAY.

Executive Summary

Presenting a prime opportunity at 130 W. Manchester Ave., Los Angeles, CA 90003— a 2,976 square foot freestanding medical building situated on an 11,762 square foot LA-C2 zoned lot. This property boasts exceptional on-site parking with ample street parking, making it highly convenient for both clients and staff.
With 120 feet of frontage along Manchester Ave., the building enjoys outstanding visibility, attracting attention from approximately 50,000 cars passing by daily.
The site is currently occupied by Bienestar Human Services, a long-term tenant of over 20 years, & is on a month-to-month tenancy, offering flexibility for potential new uses. Strategically located just one block east of the 110 freeway and nestled between Broadway and Main St., this property offers excellent freeway access and connectivity.
The surrounding area features strong demographics, with over 60,000 residents within a 1-mile radius and more than 400,000 residents within a 3-mile radius.
This property is an excellent opportunity for an owner/user, an investor with tenant(s) in mind looking to capitalize on its prime location and zoning flexibility.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,976 SF
Year Built
1956
Price
$1,519,000
Price Per SF
$510
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Land Acres
0.27 AC
Zoning
LA-C2
Frontage
120 FT on Manchester Ave.
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6040-012-028
  • 6040-012-008
Land Assessment
$239,948
Improvements Assessment
$114,988
Total Assessment
$354,936
  • Listing ID: 32939652

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 130 W Manchester Ave, Los Angeles, CA 90003

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