Leased Corner Property with Development
For Sale
Contact for pricing
500 W Manchester Avenue, Los Angeles, CA 90044
Fully leased commercial property with income and development upside.
Property Size1,900 SF
Price / SF$1,997
Days on Market96
Property Features for 500 W Manchester Avenue
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Retail
Zoning
LA-C2
Occupancy
100%
Lease Type
NNN
Investment Type
Value Add
Net Operating Income
$201,839
Building Details
Year Built
1986
Tenancy
Multi
Listing Agency:
KW Commercial L.A. Westside
(310) 482-2500
Listed By:
Omid Saleh · License #CA 01980838
Source:
Crexi
Added: May 26
Changed: Aug 25
Last Checked: Aug 28 at 10:18AM
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 KW Commercial L.A. Westside
Investment Insights
Based on property information with market context.
The commercial corner property at 500 W. Manchester Avenue is fully leased, offering stable income and future development potential. The property is anchored by a 1,900 square foot Tam's Burgers drive-thru, a Southern California franchise operating on a triple-net lease. In addition to the drive-thru, the property includes 8,500 square feet of land leased separately, providing immediate income while offering development upside. The land portion is RTI-approved to build a 3,600 square foot retail center. The property occupies a signalized corner with approximately 110 feet of frontage along Manchester Avenue and 205 feet along Figueroa Street, benefiting from high traffic volume. The location is one block west of the 110 Freeway and minutes from SoFi Stadium, USC, and Downtown Los Angeles. The property is surrounded by dense residential neighborhoods, drawing from a local customer base.
Key Highlights
- Fully leased commercial corner property with stable income from a Tam's Burgers drive‑thru (triple‑net lease).
- RTI‑approved for an additional 3,600 sq ft retail center, offering significant development potential.
- High‑traffic signalized corner location with excellent exposure (80,000+ cars per day).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Fully leased commercial property with income and development upside.
Where is this drive through restaurant located?
The property is located at 500 W Manchester Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: Fully leased commercial corner property with stable income from a Tam's Burgers drive‑thru (triple‑net lease).; RTI‑approved for an additional 3,600 sq ft retail center, offering significant development potential.; High‑traffic signalized corner location with excellent exposure (80,000+ cars per day).
