5716 W Manchester Avenue, Los Angeles, CA 90045
- $2,600,000
- List Price
- $2,600,000
- Status
- ACTIVE
- MLS#
- P1-27540
- Year Built
- 1959
- Lot Location
- Sprinklers None
- Days on Market
- 50
- Property Type
- Commercial
- Property Sub Type
- Retail
Property Description
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.
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Additional Information
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- Electric
- Roof
- Asphalt, Flat
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Sarkis Aleksanian (sarkis@compass.com) from Listing Office: COMPASS.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.