For Sale
$1,519,000

130 Manchester Ave Los Angeles, CA 90003

Freestanding medical office, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 2,976 square foot freestanding medical building presents a unique investment opportunity in Los Angeles, CA. Located at 130 W Manchester Ave, this single-tenant property sits on an 11,762 square foot lot zoned LAC2, offering significant potential for various uses. Built in 1956, the building benefits from 17 on-site parking spaces and ample street parking, ensuring convenient access for patients and staff. The property enjoys outstanding visibility with 120 feet of frontage on Manchester Avenue, a major thoroughfare with approximately 50,000 cars passing daily. Currently occupied by a long-term tenant (over 20 years) on a month-to-month lease, this provides flexibility for future owners. Its strategic location, one block east of the 110 freeway and between Broadway and Main Street, offers excellent freeway access and connectivity. The surrounding area boasts strong demographics, with over 60,000 residents within a 1-mile radius and over 400,000 residents within a 3-mile radius. The asking price is $1,519,000. This property is ideal for owner-users or investors seeking a prime location with zoning flexibility and high traffic exposure. The APN is 6040-012-028

Highlights

  • 2,976 SF medical building on an 11,762 SF lot, zoned LAC2.
  • Excellent freeway access; one block from the 110 Freeway.
  • Month-to-month tenant currently occupying the clinic for over 20 years.
  • High traffic counts; approximately 50,000 cars per day.
  • Strong demographics; over 50,000 residents within a 1-mile radius and over 450,000 within a 3-mile radius.

Property Details for 130 Manchester Ave

Property type
Retail properties, Office properties
Square Feet
2,976 SF
Year Built
1956

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.960039913871
Longitude
-118.27499643335

FAQs

What type of property is this?
Retail property - Freestanding medical office, high traffic area.
Where is the retail property located?
The property is located at 130 Manchester Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,519,000.
What are key features of this property?
This property features: 2,976 SF medical building on an 11,762 SF lot, zoned LAC2.; Excellent freeway access; one block from the 110 Freeway.; Month-to-month tenant currently occupying the clinic for over 20 years.
How can I contact the broker?
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130 Manchester Ave
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