$2,850,000
$1M PRICE DROP

1218 W Manchester Ave Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated payment $18,035/month

Total Views 31,815
0.76 Acre
$3,750,000 Price per Acre
33,106 Sq Ft Lot

About This Lot

NEW PRICE! We are proud to present for sale a redevelopment opportunity in the heart of South Los Angeles. The Commercially Zoned property spans 240 feet of frontage on Manchester Ave., sitting in front of a 16 foot alley, and totals over 33k SF of land, three quarters of an acre! Sitting between Normandie Ave. & Vermont Ave., you are just a hop and a skip to the 110 Freeway. A Developer can potentially build up to 200 units by utilizing ED1. However, to keep to a cost-effective development with only 3 stories, a 100-unit project is very doable with rewarding numbers. Taking into account the alley in back, a building partially or fully parked may be in the future. The Seller has submitted a 129-Unit Mixed-Use Project to the City. The existing TOC Project can be delivered almost-RTI, with the only requirements pending being the Grading Bond (around $20k) and the Sewer Tie Fee (around $65k) - work estimated to take around 30 days. Plans are available upon request. There is a leased Cell Tower in the back of the property that is not part of the listing and will not be part of any sale. The property is in a dense area with over 400K people in a 3-mile radius. The development site is a short commute to the City of Inglewood, which is home to Sofi Stadium, Kia Forum and Intuit Dome. The property will be delivered vacant at the close of escrow with only the Cell Tower lease active on site.

Listing Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 01/07/2025

Keller Williams Beverly Hills

Co-Listing Agent

Almog Strikowski

Keller Williams Beverly Hills License #01986816

Property Details

Property Type

  • Land

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 240x137
  • Property is zoned C2-1L-CPIO

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 6047-002-004

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.7600
  • Lot Dimensions: 240x137
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: 240
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 6047-002-004
  • Lot Description: 2-4 Lots
  • Lot Size Area: 33022
  • Possible New Zone: Build Up To 200+/- Units
  • Potential Usage: Build Up To 200+/- Units. 129 Unit Project almost RTI.
  • Present Use: Redevelopment Opportunity.

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $2,850,000 -3.4% --
05/29/2025 05/29/25 Price Changed $2,950,000 -15.7% --
03/17/2025 03/17/25 Price Changed $3,500,000 -6.7% --
02/11/2025 02/11/25 Price Changed $3,750,000 -5.1% --
01/07/2025 01/07/25 For Sale $3,950,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25-477705

The MLS
California Los Angeles County Los Angeles 90044 Vermont Knolls

1218 W Manchester Ave, Los Angeles, CA

This home is located at 1218 W Manchester Ave, Los Angeles, CA 90044 and is currently priced at $2,850,000. 1218 W Manchester Ave is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Mary McLeod Bethune Middle School, and George Washington Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Dario Svidler
Listing Agent
Dario Svidler
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Keller Williams Beverly Hills
(818) 653-2663