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7360-7366 W Manchester Ave 2 Multifamily Properties Offered at $5,450,000 in Los Angeles, CA

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INVESTMENT HIGHLIGHTS

  • Two Separately Divisible Buildings (Separate APNs)
  • No Resident Manager Required
  • Exceptional ADU Development Potential
  • Potential to Avoid Measure ULA
  • Premium Corner Location (Street-to-Alley Access)
  • Combined 22,694 SF Double Lot

EXECUTIVE SUMMARY

This is an exceptional opportunity to acquire two adjacent, fully occupied eight-unit apartment buildings totaling 16 units on a combined 22,694-square-foot double lot in Westchester’s premier rental corridor. The properties feature separate APNs (4119-025-020 and 4119-025-019), providing investors with unique strategic flexibility, including the potential to avoid Measure ULA tax implications and the optionality to sell separately upon exit, dramatically expanding the buyer pool. The properties are positioned on a highly desirable corner lot, with frontage on high-traffic Manchester Boulevard, offering exceptional visibility. With recent renovations, including laminate flooring, updated kitchens with granite countertops, and modern bathrooms, units command strong rental demand while maintaining significant upside potential.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

PROPERTY FACTS

Price $5,450,000
Price / SF $497.99 / SF
Cap Rate 5.35%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 10,944 SF
Total Land Area 0.52 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
7366 W Manchester Ave, Los Angeles, CA 90045 Multifamily 5,472 SF 1955 -
7360 W Manchester Ave, Los Angeles, CA 90045 Multifamily 5,472 SF 1953 -
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  • Listing ID: 39002650

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: 7360-7366 W Manchester Ave, Los Angeles, CA

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