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Listed by Arthur Ambarchyan • Keller Williams R. E. Services
$2,150,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD-26136433
Year Built 1956
Property Sub-Type Industrial
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LACM
Interior
Laundry None
Building
Lot Description 0-1 Unit/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900