Industrial Auto Repair & Towing
For Sale
$2,150,000
818-828 E Manchester Avenue, Los Angeles, CA 90001
COMMERCIAL - Los Angeles, CA
Property Size9,228 SF
Lot Size0.46 Acres
Price / SF$232.99
Days on Market41
Property Features for 818-828 E Manchester Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LACM
Directions
South S. Central and Manchester
Subdivision
C37 - Metropolitan South
Standard status
Active
APN
6042022004
Lot size
0.46 Acres
Building Details
Year built
1956
Listing Agency:
Keller Williams R. E. Services · Keller Williams Realty
(818) 432-3200
Listed By:
Arthur Ambarchyan · License #01351863
(818) 434-9911
Added: Jun 22
Changed: Jun 23
Last Checked: Aug 1 at 6:06PM
MLS# GD26136433
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
818-828 E Manchester Avenue is a CM-zoned industrial investment spanning approximately 9,228 SF of building area on approximately 20,432 SF of land across three legal parcels. The site is historically operated as two primary industrial components: 818 E Manchester and 828 E Manchester.
818 E Manchester is leased to All Star Towing Transport Inc. at $8,000 per month through August 31, 2030, providing $96,000 in annual gross scheduled income. 828 E Manchester is the value-add component, consisting 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, which may support specialized automotive, fleet, or school bus repair operations, subject to buyer verification with the City of Los Angeles and all applicable agencies.
The property is supported by yard/parking utility and benefits from convenient access to the 105, 110, and 710 freeways. RTI plans and supporting permit materials are available for review, and buyers should verify square footage, lot size, zoning and permitted uses, parcel boundaries, lease terms, expenses, environmental condition, RTI/permit status, construction scope, remaining fees, and all governmental requirements.
818 E Manchester is leased to All Star Towing Transport Inc. at $8,000 per month through August 31, 2030, providing $96,000 in annual gross scheduled income. 828 E Manchester is the value-add component, consisting 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, which may support specialized automotive, fleet, or school bus repair operations, subject to buyer verification with the City of Los Angeles and all applicable agencies.
The property is supported by yard/parking utility and benefits from convenient access to the 105, 110, and 710 freeways. RTI plans and supporting permit materials are available for review, and buyers should verify square footage, lot size, zoning and permitted uses, parcel boundaries, lease terms, expenses, environmental condition, RTI/permit status, construction scope, remaining fees, and all governmental requirements.
Key Highlights
- CM‑1 zoned South Los Angeles industrial site with about +/-9,228 SF of building area on about +/-20,432 SF of land across three legal parcels.
- Current income: 818 E Manchester Ave leased to All Star Towing Transport Inc. at $8,000/month through August 31, 2030 ($96,000 annual gross scheduled income).
- Value‑add component at 828 E Manchester Ave: existing fire‑damaged industrial/auto repair building with RTI secured for reconstruction.
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $175.0k | $18.96 |
| − Vacancy | −$11.2k | −$1.21 |
| EGI | $163.8k | $17.75 |
| − OpEx | −$24.6k | −$2.66 |
| NOI | $139.2k | $15.08 |
9,228 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%
Alternative Uses
Best Use
Retail
$3.06M
$2.68M – $3.57M
NOI $214,156 @ 7.0% cap · market cap 9.96%
Second Best
Warehouse
$1.99M
$1.74M – $2.32M
NOI $139,200 @ 7.0% cap · market cap 6.47%
Theoretical Best
Multifamily LT 5
$186.95M
$163.58M – $218.11M
NOI $13,086,762 @ 7.0% cap · market cap 608.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90001, CA
55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
Market
Properties on Market for Warehouses in Los Angeles
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- J J'S warehouse — 8412 Main St, Los Angeles, CA 90003
- Self Storage — 1140 E 85th St, Los Angeles, CA 90001
- Nearby Storage Units - Los Angeles, CA — 8700 mettler ave, los angeles, ca 90003
- Dewis Storage Units - Cheap Self Storage Near You — 101 W Manchester Ave, Los Angeles, CA 90003
- Uhaul — 9607 San Pedro St, Los Angeles, CA 90003
Frequently Asked Questions
What type of property is this?
Warehouse - CM-zoned industrial property with an RTI-secured reconstruction component and an income-producing 818 E Manchester lease.
Where is this warehouse located?
The property is located at 818-828 E Manchester Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: CM‑1 zoned South Los Angeles industrial site with about +/-9,228 SF of building area on about +/-20,432 SF of land across three legal parcels.; Current income: 818 E Manchester Ave leased to All Star Towing Transport Inc. at $8,000/month through August 31, 2030 ($96,000 annual gross scheduled income).; Value‑add component at 828 E Manchester Ave: existing fire‑damaged industrial/auto repair building with RTI secured for reconstruction.
