1704 W Manchester Ave, Los Angeles, CA

Located in South Los Angeles, the property at 1704 W. Manchester Avenue is a two-story medical office building encompassing approximately 19,936 square feet. It is situated on a corner parcel of approximately 35,732 square feet. The property is positioned at the signalized intersection of Manchester Avenue and Harvard Boulevard, providing exposure to over 76,800 vehicles per day. Currently configured for medical office use, the building includes multiple exam rooms, waiting areas, and on-site parking. The property is shadow-anchored by Ralphs. The location is near the Ever-mont mixed-use development to the east and the Hollywood Park/SoFi Stadium and Intuit Dome entertainment districts to the west. Zoned C2-2D-CPIO (South Los Angeles CPIO) and within the Vermont/Manchester Redevelopment Plan area, the property allows for multifamily and mixed-use redevelopment. By-right density allows for approximately 178 units, expandable to approximately 267 units or more under the State Density Bonus Law, with further incentives available through the Citywide Housing Incentive Program (CHIP) or the Affordable Housing Incentive Program (AHIP). 100% affordable projects can qualify for ED1 ministerial approvals, streamlining entitlements and exempting projects from Site Plan Review. The current leases are short term. The property is located in close proximity to the 110 Fwy, 105 Fwy, 405 Fwy, LAX, Downtown, SOFI Stadium, and Intuit Dome.