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Three Detached Homes on One Lot
For Sale
$800,000

2016 W Manchester, Los Angeles, CA 90047

Three detached homes near Inglewood border, great investment opportunity.

Property SizeContact for details
Days on Market148

Property Features for 2016 W Manchester

General Information

Standard status Active
Property subtype Multi-Family
Listing Agency: Trust Properties USA,Inc
Listed By: Rhonica Petty, ELIZABETH MIFFLETON · License #02043321
Source: Michaeldevlingroup
Added: May 21 Changed: Oct 6 Last Checked: Oct 7 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trust Properties USA,Inc

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Investment Insights

Based on property information with market context.

This investment property features three detached residences constructed in 2016, 2018, and 2020, situated on a single lot in South Los Angeles, near the Inglewood border. Each unit includes 2 bedrooms and 1 bathroom, designed without shared walls to provide enhanced privacy. One of the units also features an attached studio complete with a kitchen and a full bathroom, offering additional flexibility and income potential. The property is equipped with separate meters for each unit. The gated and fenced lot includes rear alley access and four parking spaces. The property is tenant-occupied and will be sold with tenants in place. Located near entertainment and sports venues such as Kia Forum, SoFi Stadium, Intuit Dome, and Hollywood Park Casino, the property also offers convenient access to shopping, parks, schools, public transportation, and major freeways. The location has a walk score of 59, indicating it is somewhat walkable, a bike score of 44, indicating it is somewhat bikeable, and a transit score of 48, indicating some transit options are available.

Key Highlights

  • Three detached residences on one lot, offering a single‑family feel and increased privacy.
  • Third unit includes an attached studio with kitchen and full bath for additional income potential.
  • Separate meters and gated, fenced lot with rear alley access and four parking spaces.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Computer & Electronic Repair Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

Demographics for 90047, CA

50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three detached homes near Inglewood border, great investment opportunity.
Where is this multifamily property located?
The property is located at 2016 W Manchester Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three detached residences on one lot, offering a single‑family feel and increased privacy.; Third unit includes an attached studio with kitchen and full bath for additional income potential.; Separate meters and gated, fenced lot with rear alley access and four parking spaces.
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