Auto Body Shop
For Sale
$1,450,000
644 E Manchester, Los Angeles, CA 90001
Prime auto body shop location with high-visibility frontage.
Property Size2,210 SF
Price / SF$656.11
Days on Market185
Property Features for 644 E Manchester
General Information
Standard status
Active
Size
2,210 SF
Site & Location
Neighborhood
South Los Angeles
Building Details
Year Built
1941
Listing Agency:
Keller Williams Realty
Listed By:
Gerry Nicks · License #01798836
(310) 701-5332
Source:
Myfabuloushome
Added: Apr 24
Changed: Oct 15
Last Checked: Oct 7 at 1:08PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This property presents a prime opportunity for an auto body shop, situated in a location with high-visibility frontage on a major traffic corridor. It has an established reputation within the community for auto body and collision repair services. The property benefits from a built-in customer flow, resulting from years of automotive service activity in the area. This is a turnkey opportunity suitable for either a new or expanding shop. The location is considered very bikeable with a score of 73, very walkable with a score of 72, and has good transit with a score of 56.
Key Highlights
- Prime location with high‑visibility frontage on a major traffic corridor.
- Established reputation for auto body and collision repair.
- Turnkey opportunity** for a new or expanding shop.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,288
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,760
$1.0M
Cap Rate 7%
$732,686
$732.7K
Cap Rate 9%
$569,867
$569.9K
Market Conditions
NOI Build-Up for 2,210 SF
Gross rent
$81.7K $36.96/SF
− Vacancy
−$8.4K −$3.81/SF
EGI
$73.3K $33.15/SF
− OpEx
−$22.0K −$9.95/SF
NOI
$51.3K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,025,760
Cap Rate 7%
$732,686
Cap Rate 9%
$569,867
Alternative Uses
Best Use
Retail
$732.7K
$641.1K – $854.8K
NOI $51,288 @ 7.0% cap · market cap 3.54%
Second Best
Industrial
$392.2K
$343.2K – $457.6K
NOI $27,454 @ 7.0% cap · market cap 1.89%
Theoretical Best
Multifamily LT 5
$44.77M
$39.18M – $52.24M
NOI $3,134,129 @ 7.0% cap · market cap 216.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,243
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Los Angeles, CA
Similar Off Market Nearby
- 24/7 ABSOLUTE TOWINGS — 9427 S Broadway APT 2, Los Angeles, CA 90003
- Little Jim & Tim's — 9607 San Pedro St, Los Angeles, CA 90003
- GM Towing — 146 e colden ave, los angeles, ca 90003
- La Joya Auto Repair & Tire Shop — 9602 San Pedro St, Los Angeles, CA 90003
- GARCIA'S body shop — 9207 Main St, Los Angeles, CA 90003
Frequently Asked Questions
What type of property is this?
Auto shop - Prime auto body shop location with high-visibility frontage.
Where is this auto shop located?
The property is located at 644 E Manchester Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Prime location with **high‑visibility frontage** on a major traffic corridor.; Established reputation for auto body and collision repair.; Turnkey opportunity** for a new or expanding shop.
