1218 W Manchester Avenue, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1218 W Manchester Avenue,Los Angeles, CA 90044
$2,850,000
- 0.76 Acres
- Lots / Land
- Active
Listed by:dario svidler
Office:keller williams beverly hills
MLS#:CL25477705
Source:CA_BRIDGEMLS
Price summary
- Price:$2,850,000
About this home
NEW PRICE! We are proud to present for sale a redevelopment opportunity in the heart of South Los Angeles. The Commercially Zoned property spans 240 feet of frontage on Manchester Ave., sitting in front of a 16 foot alley, and totals over 33k SF of land, three quarters of an acre! Sitting between Normandie Ave. & Vermont Ave., you are just a hop and a skip to the 110 Freeway. A Developer can potentially build up to 200 units by utilizing ED1. However, to keep to a cost-effective development with only 3 stories, a 100-unit project is very doable with rewarding numbers. Taking into account the alley in back, a building partially or fully parked may be in the future. The Seller has submitted a 129-Unit Mixed-Use Project to the City. The existing TOC Project can be delivered almost-RTI, with the only requirements pending being the Grading Bond (around $20k) and the Sewer Tie Fee (around $65k) - work estimated to take around 30 days. Plans are available upon request. There is a leased Cell Tower in the back of the property that is not part of the listing and will not be part of any sale. The property is in a dense area with over 400K people in a 3-mile radius. The development site is a short commute to the City of Inglewood, which is home to Sofi Stadium, Kia Forum and Intuit Dome. Th
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Home facts
- Listing Id #:CL25477705
- Added:227 day(s) ago
- Updated:August 23, 2025 at 02:26 PM
Rooms and interior
- Living area:33,022 sq. ft.
Structure and exterior
- Building area:33,022 sq. ft.
- Lot area:0.76 Acres
Finances and disclosures
- Price:$2,850,000
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