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Commercial

911 W Manchester Ave

911 W Manchester Ave, Los Angeles, CA 90044

Listing Price: $2,995,000

Lot Size
0.37 acres
Price/Acre
$8,087,670
Land Type
Land

Investment Overview

911 W. Manchester Avenue presents an exceptional mixed-use development opportunity located in the Vermont Knolls neighborhood of Los Angeles. The offering consists of two contiguous parcels totaling ±16,131 SF of land (APNs: 6032-013-015 and 6032-013-016), both zoned C2-2D-CPIO under the South Los Angeles Community Plan. The site is currently improved with a ±1,114 SF auto repair building built in 1957 and occupied on a month-to-month basis at $6,000/month, providing immediate income with the option to deliver the property vacant at close.
Benefiting from its Tier 3 Transit Oriented Communities (TOC) designation, the property allows for significant development incentives including a 70% residential density bonus, 3.75:1 FAR, 0.5 parking spaces per unit, and a 22-foot height increase. The highest and best use is a mixed-use project featuring ground-floor commercial space with three levels of multifamily units above.
Positioned along Manchester Avenue, one of South Los Angeles’ key east–west corridors, the site features 100 feet of frontage with excellent visibility and accessibility just east of Vermont Avenue and minutes from the I-110 Freeway.

Investment Highlights

  • Mixed-use development — ground-floor commercial with three levels of multifamily above
  • ±60 residential units
  • =15% Very Low-Income (˜9 units) to qualify for 50%Density Bonus
  • 18 Studios @ ~420–450 SF 30 One-Bedrooms @ ~550–600 SF 12 Two-Bedrooms @ ~800–850 SF
  • ~600 SF (net)
  • ±36,000 SF
  • ±43,500–45,000 SF (80–82% efficiency)
  • ±2,000–3,000 SF fronting Manchester Avenue

Exclusively Listed By

Financing By

Commercial

911 W Manchester Ave

Listing Price: $2,995,000

Lot Size
0.37 acres
Price/Acre
$8,087,670
Land Type
Land

Investment Highlights

  • Mixed-use development — ground-floor commercial with three levels of multifamily above
  • ±60 residential units
  • =15% Very Low-Income (˜9 units) to qualify for 50%Density Bonus
  • 18 Studios @ ~420–450 SF 30 One-Bedrooms @ ~550–600 SF 12 Two-Bedrooms @ ~800–850 SF
  • ~600 SF (net)
  • ±36,000 SF
  • ±43,500–45,000 SF (80–82% efficiency)
  • ±2,000–3,000 SF fronting Manchester Avenue

Investment Overview

911 W. Manchester Avenue presents an exceptional mixed-use development opportunity located in the Vermont Knolls neighborhood of Los Angeles. The offering consists of two contiguous parcels totaling ±16,131 SF of land (APNs: 6032-013-015 and 6032-013-016), both zoned C2-2D-CPIO under the South Los Angeles Community Plan. The site is currently improved with a ±1,114 SF auto repair building built in 1957 and occupied on a month-to-month basis at $6,000/month, providing immediate income with the option to deliver the property vacant at close. Benefiting from its Tier 3 Transit Oriented Communities (TOC) designation, the property allows for significant development incentives including a 70% residential density bonus, 3.75:1 FAR, 0.5 parking spaces per unit, and a 22-foot height increase. The highest and best use is a mixed-use project featuring ground-floor commercial space with three levels of multifamily units above. Positioned along Manchester Avenue, one of South Los Angeles’ key east–west corridors, the site features 100 feet of frontage with excellent visibility and accessibility just east of Vermont Avenue and minutes from the I-110 Freeway.

Exclusively Listed By

Financing By

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