Auto Repair Property with Reconstruction
For Sale
$2,150,000
818-828 E Manchester Avenue, Los Angeles, CA 90001
Commercial Sale, Los Angeles, CA
Property Size9,228 SF
Lot Size0.47 Acres
Price / SF$232.99
Days on Market115
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
0.47 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: Oct 1
Last Checked: Oct 14 at 9:06AM
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.
This auto repair property comprises approximately +/-9,228 SF of building area on approximately +/-20,432 SF of land spanning three legal parcels. The site includes two primary industrial components: one occupied building and a separate fire-damaged industrial and auto repair structure. RTI plans and supporting permit materials are available for review for reconstruction of the damaged component as an auto repair garage, subject to verification with the City of Los Angeles and applicable agencies.
The property includes yard and parking utility and is positioned within an infill industrial setting with access to the 105, 110, and 710 freeways. The offering also includes an existing lease associated with 818 E Manchester Avenue that runs through August 31, 2030. Buyers should independently verify building and lot measurements, parcel boundaries, lease terms, environmental conditions, permit status, construction requirements, and governmental approvals.
The property includes yard and parking utility and is positioned within an infill industrial setting with access to the 105, 110, and 710 freeways. The offering also includes an existing lease associated with 818 E Manchester Avenue that runs through August 31, 2030. Buyers should independently verify building and lot measurements, parcel boundaries, lease terms, environmental conditions, permit status, construction requirements, and governmental approvals.
Key Highlights
- Approximately +/-9,228 SF of building area on approximately +/-20,432 SF of land
- Three legal parcels comprising the property
- Fire‑damaged industrial and auto repair building at 828 E Manchester Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,636
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,292,720
$2.3M
Cap Rate 7%
$1,637,657
$1.6M
Cap Rate 9%
$1,273,733
$1.3M
Market Conditions
NOI Build-Up for 9,228 SF
Gross rent
$175.0K $18.96/SF
− Vacancy
−$11.2K −$1.21/SF
EGI
$163.8K $17.75/SF
− OpEx
−$49.1K −$5.32/SF
NOI
$114.6K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,292,720
Cap Rate 7%
$1,637,657
Cap Rate 9%
$1,273,733
Alternative Uses
Best Use
Retail
$3.06M
$2.68M – $3.57M
NOI $214,156 @ 7.0% cap · market cap 9.96%
Second Best
Industrial
$1.64M
$1.43M – $1.91M
NOI $114,636 @ 7.0% cap · market cap 5.33%
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,115
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
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
- 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
- Bumper Man — 9207 Main St, Los Angeles, CA 90003
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial automotive property combining an operating component with a fire-damaged building supported by RTI reconstruction materials.
Where is this auto shop 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: Approximately +/-9,228 SF of building area on approximately +/-20,432 SF of land; Three legal parcels comprising the property; Fire‑damaged industrial and auto repair building at 828 E Manchester Avenue
