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911 W Manchester Ave - Double Lot Afford Housing Dev Opp Near Sofi! 0.37 Acres of Commercial Land Offered at $2,995,000 in Los Angeles, CA 90044
Investment Highlights
- 16,100 SF Tier 3 TOC Development Opportunity Near Sofi Stadium and Intuit Dome
- Significant Density Upside Via TOC Benefits
- Prime Manchester Ave Corridor with strong transit access -Near DTLA, Inglewood & LAX
- C2 Zoned Double Lot Redevelopment - Priced at $186/SF
- Conceptual Yields: ~38 units with TOC; ~70+ units with deeper affordability (buyer to verify)
- Compelling Basis for Transit-Oriented Development in South LA - Parking Reductions & Streamlined Approvals available
Executive Summary
PRIME TOC TIER 3 DEVELOPMENT SITE – SOUTH LOS ANGELES
911 W Manchester Ave, Los Angeles, CA
Asking Price: $2,995,000
±16,100 SF Lot | C2-2D-CPIO | TOC Tier 3
911 W Manchester Avenue represents a high-leverage Transit-Oriented Communities (TOC) development opportunity in one of Los Angeles’ most policy-supported growth corridors. Located within TOC Tier 3 and the South LA CPIO – TOD Medium designation, the site allows developers to unlock meaningful density, parking reductions, and streamlined approvals rarely available at this land basis.
Offered at approximately $186 per land square foot, the property is priced below replacement land metrics for comparable TOC Tier 3 sites, creating immediate day-one equity for both market-rate and affordable housing strategies.
Why This Deal Wins
TOC Tier 3 Location – One of the City’s strongest incentive tiers, supporting substantial unit increases and reduced parking requirements
Attractive Basis – ~$186/SF land cost provides a clear advantage versus nearby TOD and commercial corridor transactions
Scalable Density – Conceptual yields often projected at ~38 units using TOC incentives, with the ability to reach ~70+ units through deeper affordability programs (buyer to verify)
Flexible Zoning – C2 zoning supports multifamily or mixed-use development, allowing developers to tailor product to market demand
CPIO – TOD Medium – Encourages higher-intensity residential development along transit corridors
Strategic South LA Location
Positioned along Manchester Avenue, the property benefits from strong transit access, proximity to major employment centers, and continued public and private reinvestment throughout South Los Angeles. The site offers convenient access to:
Major bus and transit corridors
Downtown Los Angeles, Inglewood, and LAX
Neighborhood retail, services, and growing residential demand
South LA remains a top priority growth market for the City, driven by a chronic housing shortage, TOC incentives, and long-term infrastructure investment.
Investment Summary
911 W Manchester Ave offers developers a rare combination of TOC Tier 3 incentives, favorable zoning, and compelling land basis. At $2,995,000, the site presents a clear path to outsized density and value creation in a supply-constrained Los Angeles submarket.
Asking Price: $2,995,000 | ±16,100 SF | ~$186/SF | TOC Tier 3 Upside
911 W Manchester Ave, Los Angeles, CA
Asking Price: $2,995,000
±16,100 SF Lot | C2-2D-CPIO | TOC Tier 3
911 W Manchester Avenue represents a high-leverage Transit-Oriented Communities (TOC) development opportunity in one of Los Angeles’ most policy-supported growth corridors. Located within TOC Tier 3 and the South LA CPIO – TOD Medium designation, the site allows developers to unlock meaningful density, parking reductions, and streamlined approvals rarely available at this land basis.
Offered at approximately $186 per land square foot, the property is priced below replacement land metrics for comparable TOC Tier 3 sites, creating immediate day-one equity for both market-rate and affordable housing strategies.
Why This Deal Wins
TOC Tier 3 Location – One of the City’s strongest incentive tiers, supporting substantial unit increases and reduced parking requirements
Attractive Basis – ~$186/SF land cost provides a clear advantage versus nearby TOD and commercial corridor transactions
Scalable Density – Conceptual yields often projected at ~38 units using TOC incentives, with the ability to reach ~70+ units through deeper affordability programs (buyer to verify)
Flexible Zoning – C2 zoning supports multifamily or mixed-use development, allowing developers to tailor product to market demand
CPIO – TOD Medium – Encourages higher-intensity residential development along transit corridors
Strategic South LA Location
Positioned along Manchester Avenue, the property benefits from strong transit access, proximity to major employment centers, and continued public and private reinvestment throughout South Los Angeles. The site offers convenient access to:
Major bus and transit corridors
Downtown Los Angeles, Inglewood, and LAX
Neighborhood retail, services, and growing residential demand
South LA remains a top priority growth market for the City, driven by a chronic housing shortage, TOC incentives, and long-term infrastructure investment.
Investment Summary
911 W Manchester Ave offers developers a rare combination of TOC Tier 3 incentives, favorable zoning, and compelling land basis. At $2,995,000, the site presents a clear path to outsized density and value creation in a supply-constrained Los Angeles submarket.
Asking Price: $2,995,000 | ±16,100 SF | ~$186/SF | TOC Tier 3 Upside
Property Facts
| Price | $2,995,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.37 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | C2 | ||
| Price | $2,995,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.37 AC |
| No. Stories | 1 |
| Zoning | C2 |
1 Lot Available
Lot
| Price | $2,995,000 | Lot Size | 0.37 AC |
| Price Per AC | $8,094,594.59 |
| Price | $2,995,000 |
| Price Per AC | $8,094,594.59 |
| Lot Size | 0.37 AC |
• TOC Tier 3 Development Site • ±16,100 SF Lot • Asking Price: $2,995,000 (~$186/SF) • Zoning: C2-2D-CPIO (South LA CPIO – TOD Medium) • Significant Density Upside via TOC incentives • Conceptual Yields: ~38 units with TOC; ~70+ units affordable
Description
• TOC Tier 3 Development Site • ±16,100 SF Lot • Asking Price: $2,995,000 (~$186/SF) • Zoning: C2-2D-CPIO (South LA CPIO – TOD Medium) • Significant Density Upside via TOC incentives • Conceptual Yields: ~38 units with TOC; ~70+ units with deeper affordability (buyer to verify) • Parking Reductions & Streamlined Approvals available • Flexible Multifamily / Mixed-Use Development • Prime Manchester Ave Corridor with strong transit access • Near DTLA, Inglewood & LAX • Compelling Basis for Transit-Oriented Development in South LA
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Walk Score®
Very Walkable (81)
Property Taxes
| Parcel Numbers | Improvements Assessment | $9,903 | |
| Land Assessment | $115,458 | Total Assessment | $125,361 |
Property Taxes
Parcel Numbers
Land Assessment
$115,458
Improvements Assessment
$9,903
Total Assessment
$125,361
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911 W Manchester Ave - Double Lot Afford Housing Dev Opp Near Sofi!
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