818-828 E Manchester Ave - Warehouse FOR SALE


Los Angeles, CA 90001- Canndu/Avalon Gardens
$2,150,000 USD
818-828 E Manchester Ave, Los Angeles, CA for Sale
$2,150,000 USD
Warehouse - FOR SALE
1/28
null | 4.47% Cap Rate

NEW


818-828 E Manchester Ave
Los Angeles, CA 90001
Canndu/Avalon Gardens


OVERVIEW

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 RTI / permit materials identify the use as an auto repair garage, creating potential suitability for specialized automotive, fleet, or school bus repair operations, subject to buyer verification with the City of Los Angeles and all applicable agencies. 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.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

4.47%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.47

LAND SF

20,473

ZONING

LACM

APN/PARCEL ID

6042-022-004,6042-022-005,6042-022-006

ASK ABOUT THIS PROPERTY

Arthur AmbarchyanKeller Williams Real Estate ServicesMore Info

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Arthur AmbarchyanKeller Williams Real Estate ServicesMore Info

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