Property profile

1041 Manchester Ave Los Angeles, CA 90044

OFF-MARKET
Commercial land
Property ID
US09-7068032
0.13 ac lot
Individually Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a commercial lot located in South Los Angeles with a total area of 5,628 square feet. It is zoned LAC2 and supports a broad range of permitted uses, including retail and service businesses, professional offices, mixed-use multifamily residential, hotels or motels, daycare centers, and schools. The site is positioned along established commercial corridors and is near major roadways and public transit, including proximity to the 110 Freeway, which provides access for vehicles and pedestrians. The lot is suited for development of mixed-use residential and commercial projects, hospitality uses such as boutique hotels or motels, educational or daycare facilities, office and medical practices, and retail or service-oriented businesses.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.13 ac (5,626 SF)
Zoning code LAC2
APN 6033-026-018
UPID US09-7068032

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1041 Manchester Ave Los Angeles, CA 90044-3427
Los Angeles metro Census 238200 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2015
$10,000
2014
Price N/A
2014
$150,000
2005
$240,000
1994
$46,200
1992
Price N/A

Zoning & alternative use

LAC2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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