500 W Manchester Ave | Los Angeles, CA 90044
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- LoopNet Team
500 W Manchester Ave
Los Angeles, CA 90044
NNN 7 Yrs Drive Thru + 3,600sf Rebuild RTI · Retail Property For Sale
Investment Highlights
- Tam's Burger - Regional Credit Tenant w/7 Years Remaining, 1, 5 Year Option @ Mkt
- Previously Fire Damage 3,600SF Retail Pad - Now has RTI Plans to Rebuild Fully Approved by LADBS
- 22,323 SF Massive Parcel w/Excellent Ingress & Egress - w/Affordable Housing Potential
- True NNN Single Tenant Leased Investment '- Intersection 92,679 Vehicles Daily (Manchester & Figueroa) & Adjacent to 110 Fwy On-Ramp
- State Enterprise Zone: Allows Variety of Uses Due to Reduced Parking Requirements (Medical/Dental/Restaurant) 2 spaces/ 1,000SF of Building
- SBA 504 Up to 90% Loan - Construction + Purchase Price For Owner User of at least 51% of Total Sq. Footage Upon Completion of New Building
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,515 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.51 AC
Zoning
C2-1-CPIO - Potential ED1 site Retail NNN shadow anchor(Tam's Burger) to any potential mixed-use project.
Parking
12 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 6038-001-017 | Improvements Assessment | $937,845 |
| Land Assessment | $1,071,826 | Total Assessment | $2,009,671 |
Property Taxes
Parcel Number
6038-001-017
Land Assessment
$1,071,826
Improvements Assessment
$937,845
Total Assessment
$2,009,671
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