316 Manchester Ave - 316 W Manchester Ave, Los Angeles 90003
0.6 Acres of Commercial Land Offered at $2,400,000 in Los Angeles, CA 90003
EXECUTIVE SUMMARY
HIGH TRAFFIC RETAIL/COMMERCIAL DEVELOPMENT SITE - Located at the 110 Freeway offramp for maximum accessibility. Transit Oriented Communities Density Bonus: Tier 3
HIGH TRAFFIC EXPOSURE - 55,181 vehicles per day at the Manchester Ave / Broadway intersection, ensuring strong visibility.
SIGNAGE & BRANDING POTENTIAL - Exceptional freeway and street frontage for premium advertising opportunities.
ZONING: C2-1-CPIO
APPROVED USES FOR C2-1-CPIO ZONING COULD INCLUDE:
RETAIL STORES: Such as grocery stores, clothing shops, or convenience stores.
RESTAURANTS AND CAFES: Dining establishments can take advantage of foot traffic and local clientele.
SERVICE BUSINESSES: Including salons, daycare centers, or fitness studios.
MEDICAL OR GENERAL OFFICE: Professional services like dental offices, legal practices, or real estate offices.
MULTI-FAMILY OR AFFORDABLE HOUSING DEVELOPMENT
AUTOMOTIVE USES: Such as autobody shops, oil change services, or gas station.
CULTURAL OR COMMUNITY SPACES: Facilities for community events or local art galleries.
HIGH TRAFFIC EXPOSURE - 55,181 vehicles per day at the Manchester Ave / Broadway intersection, ensuring strong visibility.
SIGNAGE & BRANDING POTENTIAL - Exceptional freeway and street frontage for premium advertising opportunities.
ZONING: C2-1-CPIO
APPROVED USES FOR C2-1-CPIO ZONING COULD INCLUDE:
RETAIL STORES: Such as grocery stores, clothing shops, or convenience stores.
RESTAURANTS AND CAFES: Dining establishments can take advantage of foot traffic and local clientele.
SERVICE BUSINESSES: Including salons, daycare centers, or fitness studios.
MEDICAL OR GENERAL OFFICE: Professional services like dental offices, legal practices, or real estate offices.
MULTI-FAMILY OR AFFORDABLE HOUSING DEVELOPMENT
AUTOMOTIVE USES: Such as autobody shops, oil change services, or gas station.
CULTURAL OR COMMUNITY SPACES: Facilities for community events or local art galleries.
PROPERTY FACTS
| Price | $2,400,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.60 AC |
1 LOT AVAILABLE
Lot
| Price | $2,400,000 |
| Price Per AC | $4,027,115.91 |
| Lot Size | 0.60 AC |
1 of 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 6040-014-020 | Improvements Assessment | $93,774 |
| Land Assessment | $350,185 | Total Assessment | $443,959 |
ZONING
| Zoning Code | C2-1-CPIO (SEC. 12.14. “C2” COMMERCIAL ZONE.) |
