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1331 W Manchester Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath

1331 W Manchester Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$650,000
1331 W Manchester Avenue, Los Angeles, California 90044
2Beds
1Bath
1,030Sqft
4,499Lot
Year Built
1913
Close
-
List price
$650K
Original List price
$550K
Price/Sqft
$631
HOA
-
Days on market
-
Sold On
-
MLS number
SR25148966
Home ConditionTear down
Features
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,5 Pros. Rank: price - $650.0K(50th), sqft - 1030(21th), beds - 2(35th), baths - 1(38th).

Prime Investment Opportunity – LAC2 Zoning – 1331 W Manchester Ave, Los Angeles, CA 90044 Unlock the potential of this exceptional property located in a high-traffic corridor of South Los Angeles. 1331 W Manchester Ave sits on a generous lot with highly desirable LAC2 zoning, allowing for a wide variety of commercial and mixed-use development possibilities. Whether you're looking to build retail storefronts, office space, or a residential-commercial hybrid, this property offers the flexibility and location to support your vision. Situated near major freeways, public transportation, and just minutes from SoFi Stadium area, this parcel is ideally positioned for long-term growth and strong rental demand. Surrounded by existing businesses and ongoing revitalization efforts, it’s a smart move for any investor, developer, or entrepreneur seeking to expand their real estate portfolio in a thriving part of Los Angeles. Don’t miss out on this rare opportunity to capitalize on one of L.A.’s most versatile zoning designations. Explore the potential today! Need TLC.

Nearby schools

3/10
La Salle Avenue Elementary School
Public,•K-5•0.4mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.6mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.8mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.8mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•1.3mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.5mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.5mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.7mi
3/10
Loren Miller Elementary School
Public,•K-6•2.4mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•1.3mi
2/10
John Muir Middle School
Public,•6-8•1.9mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.9mi
2/10
George Washington Preparatory High School
Public,•9-12•1.6mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.8mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.9mi
9/10
Middle College High School
Public,•9-12•3.7mi

Price History

Date
Event
Price
09/19/25
Price Change
$650,000
07/02/25
Listing
$550,000
06/12/24
Sold
$480,000
Condition Rating
Tear down
The property was built in 1913, making it over 100 years old. The listing description explicitly states 'Need TLC' and heavily emphasizes the LAC2 zoning for 'commercial and mixed-use development possibilities,' indicating the primary value is in the land for redevelopment. The inclusion of a floor plan for a 'NEW 4 STORY 10 UNIT APARTMENT BUILDING' further confirms that the existing structure is not the focus. The absence of interior photos for a residential listing, especially for a property of this age, strongly suggests the interior, including the kitchen and bathroom, is in extremely poor, unlivable, or non-functional condition, consistent with a property whose value is solely based on its land and redevelopment potential.
Pros & Cons

Pros

Highly Versatile LAC2 Zoning: The desirable LAC2 zoning permits a wide range of commercial and mixed-use development, including retail, office, and residential-commercial hybrids, offering significant flexibility for investors and developers.
Strategic High-Traffic Location: Situated in a high-traffic corridor of South Los Angeles, providing excellent visibility, accessibility, and proximity to major freeways, public transportation, and the SoFi Stadium area.
Strong Development & Investment Potential: Marketed as a prime investment opportunity, ideal for developers and entrepreneurs looking to capitalize on its versatile zoning and location for long-term growth.
Potential for Long-term Growth & Rental Demand: Positioned in an area undergoing revitalization with existing businesses, suggesting strong future appreciation and robust rental income potential.
Generous Lot Size for Development: A 4,499 sqft lot offers ample space for substantial new construction or redevelopment projects under the flexible LAC2 zoning.

Cons

Requires Extensive Renovation/TLC: The property explicitly 'Needs TLC' and was built in 1913, indicating that the existing structure will require significant investment for renovation or likely demolition for new development.
Advanced Age of Existing Structure: Built in 1913, the current residential structure is very old, which typically implies outdated systems, potential structural issues, and higher costs for any renovation or demolition.
Recent Price Increase: The list price has increased from $550,000 to $650,000, representing a higher acquisition cost for potential buyers compared to its initial market entry.

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