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

1331 W Manchester, Los Angeles, California 90044 home-pic-0
PENDING$500,000
1331 W Manchester, Los Angeles, California 90044
2Beds
1Bath
1,030Sqft
4,499Lot
Year Built
1913
Close
-
List price
$500K
Original List price
$480K
Price/Sqft
$485
HOA
-
Days on market
-
Sold On
-
MLS number
OC25227911
Home ConditionTear down
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,6 Pros. Rank: price - $500.0K(6th), sqft - 1030(21th), beds - 2(35th), baths - 1(38th).

Discover Endless Possibilities! This rare LAC2-zoned property is truly a diamond in the rough — perfectly positioned for both residential and commercial ventures with exceptional flexibility in a prime location. Plans are already in place for a 10-unit development — featuring a 9-unit apartment building plus one commercial unit at the front. This is a golden opportunity for investors and developers seeking a lucrative project. Conveniently located near elementary and middle schools, USC University, and several parks. Enjoy quick access to shopping, dining, fitness facilities, and major freeways. LAX International Airport is just minutes away, making this property ideal for both local and traveling residents. Additional perks include potential RV access, adding even more possibilities. Note: Property requires TLC, offering a unique chance to create a remarkable transformation. Whether you’re an investor expanding your portfolio or a developer with vision, this property is brimming with potential and ready for your creative touch.

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
11/13/25
Price Change
$500,000+4.2%
10/02/25
Listing
$480,000
06/12/24
Sold
$480,000
Condition Rating
Tear down
Built in 1913, this property is explicitly described as requiring 'TLC' and is marketed as a 'diamond in the rough' for development, with plans for a 10-unit building. The images reveal a severely neglected interior with stained, old carpets, outdated fixtures, and a kitchen that appears non-functional due to missing appliances, dirty surfaces, and very old, cheap cabinetry and flooring. The overall condition suggests the existing structure is beyond practical repair for residential use and its value lies solely in the land for redevelopment, aligning perfectly with the 'tear-down' criteria.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Flexible LAC2 Zoning: The rare LAC2 zoning allows for exceptional flexibility, perfectly positioning the property for both residential and commercial ventures.
Pre-Approved Development Plans: Plans are already in place for a 10-unit development (9 residential, 1 commercial), significantly streamlining the development process for investors.
Strategic Prime Location: Situated in a prime Los Angeles location with convenient access to USC, schools, parks, shopping, dining, major freeways, and LAX International Airport.
High Investment Potential: Explicitly described as a 'golden opportunity for investors and developers' due to its inherent potential for a lucrative project and transformation.
Potential RV Access: The property offers potential RV access, providing an additional practical benefit or unique selling point for future residents or commercial use.

Cons

Extensive Renovation Required: The property 'requires TLC,' indicating a need for significant capital investment and effort for rehabilitation or demolition to realize its full potential.
Advanced Age of Existing Structure: Built in 1913, the current single-family residence is very old, likely necessitating a complete tear-down or major structural overhaul for any new development.
Limited Current Utility: The existing 2-bed, 1-bath, 1030 sqft structure offers limited immediate utility or rental income in its current state, making it primarily a development play rather than an income-generating asset.

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