Commercial Real Estate in California available for sale
Investment Properties For Sale

Investment Properties for Sale in California, USA

More details for 1951 Hornblend St, San Diego, CA - Multifamily for Sale

1951-1955 Hornblend - 1951 Hornblend St

San Diego, CA 92109

  • Investment Property
  • Multifamily for Sale
  • $3,283,727 CAD
  • 6,251 SF

San Diego Multifamily for Sale - PB/Rose Canyon/Morena

Located in the heart of Pacific Beach, this fully occupied triplex presents a stabilized multifamily investment with strong upside potential. Positioned on a full-size 6,251 square foot lot just 11 blocks from the beach and minutes from the pier, the property offers residents convenient access to popular shopping, dining, and lifestyle destinations, including CVS, Ralphs, Vons, Trader Joe’s, Starbucks, and nearby malls. Its central location also places it within a short drive of downtown San Diego, La Jolla, and three major universities—USD, SDSU, and UCSD—making it a highly attractive rental choice for tenants seeking both coastal living and urban convenience. The property encompasses approximately 3,150 square feet of improvements and features a front five-bedroom, two-bath unit of roughly 1,450 square feet, along with two rear twin units, each offering two bedrooms and one-and-a-half baths at about 1,025 square feet. All units are currently tenant-occupied and in turn-key condition. In addition, two 450-square-foot garages present excellent ADU development potential, creating an opportunity to add value and increase future rental income. With San Diego’s CO-1-2 mixed-use zoning, the property benefits from flexible development options ranging from commercial and mixed-use to multifamily, further enhancing its long-term investment appeal. Reach out for a full offering memorandum.

Contact:

Backyard Brokerage INC

Property Subtype:

Apartment

Date on Market:

2025-10-03

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More details for 6736-6800 West Blvd, Los Angeles, CA - Multifamily for Sale

Part of 41-Unit Portfolio w/ 6121 Crenshaw Bl - 6736-6800 West Blvd

Los Angeles, CA 90043

  • Investment Property
  • Multifamily for Sale
  • $6,700,227 CAD
  • 17,122 SF
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More details for 41-Unit Portfolio – Multifamily for Sale, Los Angeles, CA

41-Unit Portfolio

  • Investment Property
  • Multifamily for Sale
  • $11,073,511 CAD
  • 24,674 SF
  • 2 Multifamily Properties
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More details for 2675 Pacheco Pass Hwy, Gilroy, CA - Land for Sale

Multi-Use AG/Livestock - 2675 Pacheco Pass Hwy

Gilroy, CA 95020

  • Investment Property
  • Land for Sale
  • $4,092,682 CAD
  • 19.20 AC Lot
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More details for 1715 Westmoreland Blvd, Los Angeles, CA - Multifamily for Sale

MAJOR $400k PRICE REDUCTION! MOTIVATED SELLER - 1715 Westmoreland Blvd

Los Angeles, CA 90006

  • Investment Property
  • Multifamily for Sale
  • $4,352,752 CAD
  • 10,083 SF
  • Kitchen

Los Angeles Multifamily for Sale - Koreatown

Lee & Associates – Pasadena is proud to offer 1715 Westmoreland Ave, a well-maintained 11-unit apartment building located in the historic Harvard Heights neighborhood of Los Angeles — just steps from Koreatown. Built in 1986, this charming property blends classic neighborhood character with the ease of modern, low-maintenance ownership. The building features a diverse unit mix — 1 studio, 6 one-bedroom units, and 4 two-bedroom units — each with its own water heater. The property is subject to AB 1482 rent cap but not subject to the City of LA Rent Stabilization Ordinance, giving investors more flexibility on operations and rent growth. An on-site manager provides day-to-day oversight in exchange for a rent discount, making this an ideal turnkey investment. Located in the Harvard Heights Historic Preservation Zone (HPOZ), residents enjoy a neighborhood filled with restored Craftsman and Victorian-era homes, many of which are owner-occupied — creating a true sense of community. The street even boasts a unique landmark: the private library of Grammy-winning legend Ray Charles. Unmatched Location Benefits: • High-demand Koreatown adjacency – minutes from some of LA’s most vibrant dining and nightlife. • Excellent connectivity – quick access to I-10, local transit, and just 3 miles from Downtown LA. • Stable tenant base – four Section 8 tenants add consistent, government-backed income. This property is a perfect 1031 exchange candidate or a strong addition to any portfolio, offering investors a rare chance to acquire a non-rent-controlled, easy-to-manage asset in a rapidly appreciating submarket. There is a 400K price reduction.

Contact:

Lee & Associates

Property Subtype:

Apartment

Date on Market:

2025-10-01

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More details for 10422 Bonnie Dr, Garden Grove, CA - Multifamily for Sale

Garden Grove Duplex - 10422 Bonnie Dr

Garden Grove, CA 92843

  • Investment Property
  • Multifamily for Sale
  • $1,709,619 CAD
  • 2,031 SF
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More details for 1866 Silverado Trl, Napa, CA - Land for Sale

4 Approved Luxury Home Lots - City of Napa - 1866 Silverado Trl

Napa, CA 94558

  • Investment Property
  • Land for Sale
  • $8,075,861 CAD
  • 12.50 AC Lot
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More details for 236 W 15th St, Los Angeles, CA - Industrial for Sale

11K SF Owner-User Building + Parking Lot - 236 W 15th St

Los Angeles, CA 90015

  • Investment Property
  • Industrial for Sale
  • $7,526,976 CAD
  • 11,010 SF
  • 24 Hour Access

Los Angeles Industrial for Sale - Downtown Los Angeles

*MOTIVATED SELLER — ALL OFFERS UNDER ACTIVE REVIEW — CALL BROKER FOR INFORMATION.* Compass Commercial is pleased to present 236 W 15th St and 231 Venice Blvd — a ±11,010 SF freestanding industrial/flex building and parking lot assemblage located at the corner of Venice Blvd and Olive St in South Park, Downtown Los Angeles. Both high-exposure properties are located within an Opportunity Zone and benefit from TOC Tier 3 zoning under the DTLA 2040 Community Plan (“DTLA 2040”), well-positioned for an owner-user as an investment opportunity with strategic upside for future development. The building features ±5,500 SF per floor (2 stories) with separate meters/entrances, heavy 3-Phase power, five (5) restrooms, and a freight elevator. Character-rich construction includes wood bow-truss ceilings, exposed brick, skylights, and concrete flooring — ideal for commercial, industrial, medical, creative office, showroom, senior or affordable housing, or specialty uses. Delivered vacant at close of escrow and eligible for SBA financing, the asset offers flexibility for immediate occupancy or repositioning. The gated parking lot offers 40+ spaces (with potential expansion to 50+ spaces) and generates supplemental income via a billboard and existing parking agreements. Together, the assets offer a rare combination of functional space, income potential, and long-term upside in one of the most dynamic submarkets in Los Angeles. ___________________________________________________________________ *Call Broker for Rent Roll & Financial Information. *Buyer to verify any and all accuracy of information.

Contact:

Compass Commercial

Property Subtype:

Warehouse

Date on Market:

2025-09-29

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More details for 924 N Kingsley Dr, Los Angeles, CA - Multifamily for Sale

924 N Kingsley Dr

Los Angeles, CA 90029

  • Investment Property
  • Multifamily for Sale
  • $3,558,854 CAD
  • 6,676 SF
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More details for 14020 Pioneer Blvd, Norwalk, CA - Retail for Sale

Pioneer Plaza | Norwalk, CA - 14020 Pioneer Blvd

Norwalk, CA 90650

  • Investment Property
  • Retail for Sale
  • $7,309,339 CAD
  • 10,516 SF
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More details for 1142 Montalban St, San Luis Obispo, CA - Land for Sale

1142 Montalban St

San Luis Obispo, CA 93405

  • Investment Property
  • Land for Sale
  • $1,367,421 CAD
  • 0.19 AC Lot
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More details for 208-210 Capitola Ave, Capitola, CA - Retail for Sale

208-210 Capitola Ave

Capitola, CA 95010

  • Investment Property
  • Retail for Sale
  • $3,627,294 CAD
  • 3,542 SF

Capitola Retail for Sale - Mid-County

Live, Invest & Play in the Heart of Capitola Village! Just steps from the sand and surrounded by boutique shops and restaurants, this mixed-use property offers the ultimate coastal lifestyle with outstanding flexibility and income potential. The property features two beautifully updated residential units (a 2BR/2BA and a 1BR/1.5BA) plus two commercial storefronts, creating multiple opportunities for personal use and investment. Since 2020, it has undergone an extensive remodel, including new kitchens and bathrooms in both units, upgraded appliances, fresh interior and exterior paint, a new roof, and countless other thoughtful improvements. Located within Capitola's vacation rental zone, this property gives owners the option to enjoy their own beach retreat while benefiting from short-term rental income when away. Picture starting your day with a stroll along the sand, spending afternoons browsing local boutiques or enjoying waterfront dining, and capping the evening with a concert by the sea - all just outside your door. This is more than real estate it's a chance to fully embrace the Capitola lifestyle while securing an investment in one of the most sought-after coastal communities in California. Don't wait on this one! Financial data, leases, and additional documents are available. Call Greg Lukina - 831-600-5581 - today to schedule a showing or get more information

Contact:

David Lyng Real Estate

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-09-25

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More details for 1255-1269 Jeannine Ln, El Cajon, CA - Multifamily for Sale

1255-1269 Jeannine Ln

El Cajon, CA 92021

  • Investment Property
  • Multifamily for Sale
  • $5,475,160 CAD
  • 8,800 SF
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More details for 916 E Divisadero St, Fresno, CA - Retail for Sale

Wildrose Chapel & Funeral Home Est. 1993 - 916 E Divisadero St

Fresno, CA 93721

  • Investment Property
  • Retail for Sale
  • $1,361,946 CAD
  • 4,713 SF

Fresno Retail for Sale - Downtown Fresno

DESCRIPTION Wildrose Chapel and Funeral Home, founded in 1993, operates from a historic two-story Neoclassical building on nearly half an acre in Downtown Fresno. The facility includes gathering rooms, private rooms, multiple bathrooms, a prep kitchen, embalming room with equipment, basement cold storage with scissor-style lift, and fire sprinklers throughout. Outdoor sheds, an accessibility ramp, and recent upgrades including a new roof and exterior paint add to its functionality. The property may be purchased as real estate, business assets, or both together. LOCATION 916 E. Divisadero St., at the hard corner of Divisadero and Fulton, less than 0.5 miles to Highway 180 with connections to Highways 99, 41, and 168. Approximately 1 mile from Community Regional Medical Center and near multiple senior and elderly care facilities, with convenient access to serve Fresno and the greater Central Valley. SIZE ±4,863 SF Building on ±22,802 SF Land. Structure size includes the basement. FOR SALE Business Only – $150,000 | Real Estate Only – $895,000 (both parcels) | Business + Real Estate – $995,000 (discounted package). PARKING Gated lot with ±30 spaces, including accessible stalls. Drive-through layout accommodates large vehicles with direct basement lift access. Additional free street parking nearby. FF&E (Included in Business Sale) Fully furnished with pews, seating, pulpit tables, lighting, keyboard, and sound system. Embalming equipment, large cold storage, scissor-style lift, file cabinets, and office equipment. Two hearses (black and white) and company van. Preneed agreements (buyer to inquire). DISCLOSURE Active Funeral Director, Establishment, and Embalming licenses are required for continued operations and for transfer of business assets such as preneed agreements. Buyers must conduct due diligence regarding licensing and regulatory compliance. Current establishment license expires November 30, 2025. Inquire with the State of California Cemetery and Funeral Bureau (CFB). ZONING DTN, Activity Class B. Permits funeral parlor and interment services, with a wide variety of other uses allowed for potential growth or adaptive reuse. A Conditional Use Permit is required for a crematorium.

Contact:

Stumpf & Company

Property Subtype:

Funeral Home

Date on Market:

2025-09-23

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More details for Hwy 65 & Sterling Pky, Lincoln, CA - Land for Sale

Lincoln Square - Hwy 65 & Sterling Pky

Lincoln, CA 95648

  • Investment Property
  • Land for Sale
  • $8,212,740 CAD
  • 8.70 AC Lot
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More details for 3318 Pocket Ave, Riverbank, CA - Land for Sale

3318 Pocket Ave

Riverbank, CA 95367

  • Investment Property
  • Land for Sale
  • $1,060,812 CAD
  • 2.01 AC Lot
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More details for 1757 E Villa St, Pasadena, CA - Multifamily for Sale

6-u Value-add near CALTECH & PCC, ADU Upside - 1757 E Villa St

Pasadena, CA 91106

  • Investment Property
  • Multifamily for Sale
  • $2,463,822 CAD
  • 3,936 SF
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Pasadena Multifamily for Sale

First Time for Sale Since 1981, 6-unit Value-add near Caltech and PCC, Significant Rental Upside, Fully Upgraded Electrical Panels, Roofs are in Excellent Condition, Garage in the back for ADU conversion. Growth Investment Group California is proud to offer 1757 E. Villa St, a 6-unit value-add apartment in a highly desirable location in the City of Pasadena, CA. This property has been very well maintained by current family who have owned it since 1981. Fully occupied, current rents are approximately ±56% below market – all tenants are month-to-month. It is located only between Allen Ave and Hill Ave and within walking distance from CALTECH and Pasadena City College. It is minutes away from most of City of Pasadena amenities such as Lake Ave Shopping District and Old Town Pasadena. It has excellent demographics of ±$143,972 average household income in a 1-mile radius. The property offers excellent curb appeal with well-manicured front lawn and mature trees. Ownership recently upgraded the main electrical panels for each unit and resurfaced the driveway. It consists of 2 buildings, a fourplex in the front, and a duplex in the back. The property has a total 3,936SF living space and sits on a large 9,004SF CL Zone Lot (Commercial Limited – buyer to verify). The front building was built in 1959 and the back 2 units were built in 1927 (based on city’s online permit - buyer to verify). The front 4-unit consists of two (2) 2bedroom+1bathroom, and two (2) 1bedroom+1bathroom, and the back duplex consists of one (1) 2bedroom+1bathroom and one (1) 1bedroom+1bathroom units. All the tenants are on month-to-month agreement, and the rents are approximately ±56% below market (buyer to verify). Each unit has functional layout with windows A/C, ceiling fans, tiled kitchen and tiled bathroom. Each unit is separately metered for electricity and gas with individual water heater. Parking is provided by 8-10 parking spaces (4 carport, 2 car garage for unt 1759, 2 surface, and 1 garage that can park tandem). The owner’s garage (can park 2 small car – tandem) has been converted into storage unit for seller’s personal use and is prime for ADU conversion (buyer to verify). There is a shared laundry room (seller own machines). The property is located on a side street that has mostly residential buildings and some commercial retail properties. It has excellent demographics of $143,972 average household income within a 1-mile radius. The property has superb access to FWY 210 and 110 and offers an easy commute to additional employment centers of downtown Los Angeles and adjacent cities of Burbank and Glendale via 134 Freeway. It is minutes away from FWY 110 that connects to Downtown Los Angeles.

Contact:

Growth Investment Group California

Property Subtype:

Apartment

Date on Market:

2025-09-19

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More details for 11378-11382 Ovada Pl, Los Angeles, CA - Multifamily for Sale

Ovada Garden Terrace - 11378-11382 Ovada Pl

Los Angeles, CA 90049

  • Investment Property
  • Multifamily for Sale
  • $4,927,643 CAD
  • 4,690 SF
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More details for 436 W Magnolia St, Compton, CA - Multifamily for Sale

6 Units Priced at 8% CAP Rate & 9.3 GRM - 436 W Magnolia St

Compton, CA 90220

  • Investment Property
  • Multifamily for Sale
  • $1,505,669 CAD
  • 3,649 SF
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More details for 605 Orchard Ave, Arroyo Grande, CA - Land for Sale

Orchard Street Senior Living - 605 Orchard Ave

Arroyo Grande, CA 93420

  • Investment Property
  • Land for Sale
  • $9,444,651 CAD
  • 2.87 AC Lot

Arroyo Grande Land for Sale - South 101 Corridor

605 Orchard Street Senior Living | Arroyo Grande, CA Prime Shovel-Ready Assisted Living & Memory Care Development Opportunity Camacho Commercial is proud to present Orchard Street Senior Living, a fully entitled and shovel-ready development opportunity in Arroyo Grande, California. This ±2.87-acre parcel has been meticulously planned and approved for a 98-unit, 114-bed Assisted Living and Memory Care community. The project combines a strong Central Coast location, completed entitlements, and institutional-scale design, making it an attractive acquisition for senior housing developers, operators, and capital partners. Location Highlights: - Address: 605 Orchard Street, Arroyo Grande, CA 93420 - Submarket: Central Coast / San Luis Obispo County - Freeway Access: Immediate access to US Highway 101 - Nearby Amenities: Minutes from downtown Arroyo Grande, coastal communities, dining, and retail - Healthcare Proximity: Adjacent to Arroyo Grande Community Hospital and within 20 minutes of French Hospital Medical Center (SLO) - Arroyo Grande is a sought-after Central Coast community known for its desirable climate, strong income demographics, and appeal to retirees. The area has a growing senior population and limited supply of modern, purpose-built assisted living and memory care options, creating a favorable environment for absorption and long-term success. Project Overview: - Total Site Area: ±2.87 acres - Total Building Area: ±93,513 SF - Design: 2-story, “donut-style” courtyard layout promoting resident wellness and operational efficiency - Unit Mix (98 units / 114 beds): 31 Assisted Living Studios (387 SF), 41 Assisted Living 1BR/1BA (626 SF), 6 Assisted Living 2BR/1BA (930 SF), 10 Memory Care Private (387 SF), 10 Memory Care Shared (626 SF) - Amenities: Courtyards, gardens, dining hall, bistro, theater, lounges, BBQ, activity spaces, and dedicated memory care gardens Entitlement Status: The property is fully entitled and shovel-ready, a rare advantage in California’s development climate. All major approvals are complete: - Conditional Use Permit (CUP): Approved by the City of Arroyo Grande - CEQA Review: Mitigated Negative Declaration adopted - Traffic Studies & City Reviews: Completed Architectural & Site Plans: Approved and ready for execution (This eliminates years of entitlement risk and positions the buyer for near-term construction and delivery.) Market & Demographics: - Population within 5 miles: ~50,000 - Median Age: 47.5 years (10 years older than California average) - Median Household Income: ±$87,000 - Senior Population Growth: By 2030, nearly 25% of the local population will be aged 65+ The Central Coast is experiencing in-migration of retirees from Southern California and the Bay Area. With few institutional-scale senior housing facilities nearby, Orchard Street is uniquely positioned to capture demand from an underserved market. Most current operators in the area are small board-and-care homes (6–32 beds), lacking the amenities and efficiency of modern purpose-built communities. Financials & Deal Terms: - Asking Price (Land + Entitlements): $6,900,000 - Total Development Cost (Projected): ±$48.5M - Debt Assumptions: 70% LTC construction financing modeled at 7% interest-only Exit Potential: - Stabilized NOI: ±$4.5M - Valuation: ±$63.3M at a 6% cap rate This creates a compelling spread between total cost and stabilized value, with multiple exit strategies available. Investment Highlights: - Shovel-Ready Project – All CUP, CEQA, and plan approvals complete - Institutional-Grade Scale – 98 units / 114 beds with dual AL/MC program - Strategic Location – Central Coast positioning, near hospital, retail, and Hwy 101 - Underserved Market – Limited senior housing supply in San Luis Obispo County - Flexible Exit Strategies – Build-to-core hold, forward sale, or JV with operator/capital partner - Strong Demographics – Aging, affluent population with significant long-term demand drivers Contact Information: Camacho Commercial Real Estate Services 8439 W Sunset Blvd, Suite #150 West Hollywood, CA 90069 Office: (877) 777-4771 Gregory M. Camacho, Sr. – President/Principal Gregory M. Camacho II – Associate

Contact:

Camacho Commercial

Property Subtype:

Commercial

Date on Market:

2025-09-16

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More details for 401 E Live Oak St, San Gabriel, CA - Multifamily for Sale

Live Oak - 401 E Live Oak St

San Gabriel, CA 91776

  • Investment Property
  • Multifamily for Sale
  • $13,660,525 CAD
  • 32,601 SF
  • Air Conditioning
  • Kitchen
  • Pool

San Gabriel Multifamily for Sale - Western SGV

Valiant Multi-Family Group is pleased to present the Live Oak Apartments, a 32-unit multifamily investment property located at 401 E. Live Oak Street in San Gabriel, California. The unit mix consists of 17 one-bedroom, 13 two-bedroom, and 2 three bedroom units with large balconies or private patios. Tenants can enjoy views of the central garden courtyard/pool and access to a well-maintained sundeck, enhancing the property's overall experience. The property includes secure gated access, a dedicated single-car covered parking space for each unit, and an on-site laundry facility along with additional supply rooms. This well-maintained asset provides stable rental demand supported by its proximity to the San Gabriel Country Club and surrounding residential community. Live Oak Apartments represents a rare opportunity to acquire a quality multifamily asset in a supply constrained, high-demand San Gabriel/San Marino adjacent location. NEARLY ALL UNITS AVAILABLE FOR RENTAL INCREASES JUNE 1. The city of San Gabriel is NOT subject to any additional rent control outside of statewide rent control ab1482. Attractive in-place financing is available through Chase Bank at a fixed rate of 3.92% through November 2026, offering immediate cost savings for investors. The site also offers ADU development potential, providing an opportunity to increase unit count and future income. Additionally, a new owner will have the ability to implement a RUBS program, dramatically increasing cash flow and improving overall returns.

Contact:

Valiant Multi-Family Group

Property Subtype:

Apartment

Date on Market:

2025-09-16

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More details for 834 Meadowsweet Dr, Corte Madera, CA - Multifamily for Sale

834 Meadowseet - 834 Meadowsweet Dr

Corte Madera, CA 94925

  • Investment Property
  • Multifamily for Sale
  • $1,435,861 CAD
  • 1,850 SF

Corte Madera Multifamily for Sale - Corte Madera/Mill Valley

Charming 3-Unit Triplex in Corte Madera – Prime Investment Opportunity! 7%+ Market capitalization rate. Welcome to 834 Meadowsweet, a well-maintained and income-generating triplex nestled in the heart of the highly sought-after Corte Madera neighborhood. This property offers a rare opportunity for both investors and homeowners looking to earn rental income while enjoying the beauty and convenience of Marin County living. Property Features: 3 Separate Units: Each unit offers its own private space, with distinct layouts that cater to various tenant needs. Well-Maintained: Featuring clean, bright interiors and thoughtful updates throughout, this triplex is move-in ready for tenants and provides minimal upkeep for the new owner. Ample Parking: The property includes designated parking spaces for each unit, offering convenience for tenants and guests alike. Spacious Layouts: Offering a mix of three 1-bedroom units,one is two-level cottage, ideal for a range of tenants. Outdoor Space: Enjoy a large, shared backyard space – perfect for outdoor relaxation, gardening, or future development potential. Investment Highlights: Strong Rental Income: Located in one of the most desirable areas of Corte Madera, just minutes from top-rated schools, shopping, dining, and easy access to major freeways and public transit, this property offers strong and stable rental demand. Prime Location: Corte Madera is known for its picturesque surroundings, excellent schools, and easy access to both San Francisco and Marin’s natural beauty. Whether you're enjoying a day at Marin Country Mart or exploring nearby parks, this location is ideal for tenants seeking a peaceful yet connected place to live. Future Potential: With its zoning and spacious lot, the property offers potential for value-add opportunities and future growth. Perfect for Investors & Owner-Occupiers: Whether you're looking to expand your real estate portfolio or live in one unit while collecting rent from the others, this triplex is a fantastic opportunity in one of the most desirable markets in the Bay Area. Don't miss out on this incredible chance to own a piece of Corte Madera. Schedule a tour today and discover all the potential this property has to offer!

Contact:

Darnell Capital Management

Property Subtype:

Apartment

Date on Market:

2025-09-16

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More details for 1704 W Manchester Ave, Los Angeles, CA - Office for Sale

Morningside Medical Building - 1704 W Manchester Ave

Los Angeles, CA 90047

  • Investment Property
  • Office for Sale
  • $13,277,263 CAD
  • 19,936 SF

Los Angeles Office for Sale - Inglewood/South LA

Lyon Stahl Investment Real Estate is proud to present the exclusive offering of 1704 W. Manchester Avenue, a ±19,936 square foot, two-story medical office building located on a prominent ±35,732 square foot corner parcel in South Los Angeles. Positioned at the signalized intersection of Manchester Avenue and Harvard Boulevard, the property commands exposure to more than 76,800 vehicles per day and enjoys exceptional visibility along a major east–west commercial corridor. Currently configured for medical office use with multiple exam rooms, waiting areas, and generous on-site parking, the property serves as a stable income producing investment while simultaneously representing a rare covered-land play. The site is directly shadow-anchored by a national grocery tenant, Ralphs, a subsidiary of Kroger, ensuring strong daily consumer traffic and long-term demand drivers. Surrounded by significant public and private investment— including the Evermont mixed-use development one block east and the multibillion-dollar Hollywood Park/SoFi Stadium and Intuit Dome entertainment districts to the west—the location sits at the heart of a corridor undergoing rapid transformation. Zoned C2-2D-CPIO (South Los Angeles CPIO) and within the Vermont/Manchester Redevelopment Plan area, the property provides buyers with multiple pathways to value creation. As-is, it can continue to operate as a flagship medical facility or be repositioned for professional, education, or community-serving uses. Longer term, the zoning supports multifamily and mixed-use redevelopment under today’s favorable entitlement environment. By right density allows for approximately 178 units, expandable to ±267 units or more under the State Density Bonus Law, with further incentives available through the Citywide Housing Incentive Program (CHIP) or the Affordable Housing Incentive Program (AHIP). 100% affordable projects can qualify for ED1 ministerial approvals, streamlining entitlements and exempting projects from Site Plan Review. Together, these pathways create a compelling foundation for either market-rate or affordable housing development. This combination of strong in-place income, redevelopment certainty, and a prime South Los Angeles location makes 1704 W. Manchester Avenue a unique opportunity for owner-users, value-add investors, and institutional developers alike.

Contact:

Lyon Stahl Investment Real Estate

Property Subtype:

Medical

Date on Market:

2025-09-15

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