818 828 E Manchester Avenue, Los Angeles, CA 90001
List Price: $2.15M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1956
Lot Size: 20,432 sq ft
MLS Number: GD26136433
About This Property
818–828 E Manchester Avenue is a CM-zoned South Los Angeles industrial investment offering current income with RTI-secured reconstruction upside. The property totals approximately ±9,228 SF of building area on approximately ±20,432 SF of land across three legal parcels. The asset has historically operated as two primary industrial components. 818 E Manchester is leased to All Star Towing Transport Inc. at $8,000/month through August 31, 2030, providing $96,000 in annual gross scheduled income. 828 E Manchester is the value-add component and consists of an existing fire-damaged industrial / auto repair building with RTI secured for reconstruction. The approved scope is focused on restoring the existing building, including roof damage replacement and related structural repairs, with no additional square footage proposed. The property benefits from CM-1 zoning, yard/parking utility, infill industrial positioning, and convenient access to the 105, 110, and 710 freeways. Upon completion of the 828 reconstruction, the property may offer additional income potential through lease-up, owner operation, or integration with the overall industrial site. This offering is well suited for private industrial investors, 1031 exchange buyers, contractors, value-add operators, and local users seeking control of a functional CM-zoned industrial asset with both current income and future upside. RTI plans and supporting permit materials are available for review. Buyer to verify all square footage, lot size, zoning, permitted uses, parcel boundaries, lease terms, expenses, environmental condition, RTI/permit status, construction scope, remaining fees, and all governmental requirements.
Listing provided by: Arthur Ambarchyan DRE #01351863 818-432-3200 Arthur@natprops.com