5716 W Manchester Ave - Office FOR SALE


Los Angeles, CA 90045- Westchester
$2,600,000 USD
213-588-3629
5716 W Manchester Ave, Los Angeles, CA for Sale
$2,600,000 USD
Office - FOR SALE
1/22
null | Request Cap Rate

5716 W Manchester Ave
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Rehabbed & Move-In Ready Auto Site
  • Excellent Owner-User or Value-Add Investment Opportunity
  • Perfectly positioned near including LAX, SoFi Stadium, Intuit Dome, KIA Forum, SpaceX HQ, and Google's Playa Vista campus

OVERVIEW

We are pleased to offer a well-positioned multi-use commercial property near LAX, SoFi Stadium, Intuit Dome, the KIA Forum, Space X headquarters, Google's Playa Vista campus and many other high impact destinations. Completely rehabbed and currently serving as an automotive sale and rental site, 5716 W. Manchester can easily serve very diverse, multi-purpose needs with little or no modifications. The current licensing as an auto sales and rental agency is proving to be a strong highest and best use contender though creative minds can find a myriad of other possible uses to capitalize on the upcoming surge in the area from the World Cup and 2028 Olympics. Property has multiple showrooms, a large sales office with private and public bathrooms, including ADA compliant ones. The lot can fit 50 vehicles with most of them protected from the sun and environmental elements. Property will qualify for SBA financing and cleared Phase I environmental survey in recent years. Other potential uses include flex space, office, retail, divide for small space rental, multi-tenant automotive repair, and more. The site was previously determined to be eligible to build up to 28 residential units as well.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$606 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Move-In Ready Auto Site

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

LAC2

APN/PARCEL ID

4125-016-021

ASK ABOUT THIS PROPERTY

Bo KimCompass CommercialMore Info
213-588-3629

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Bo KimCompass CommercialMore Info
213-588-3629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.