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500 W Manchester Ave
Los Angeles, CA 90044 South Central LA

Price Upon Request

Fast Food For Sale  •  5,515 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 5,515 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1986
  • Tenancy Multiple
  • Zoning C2-1-CPIO
64 Transit Score
84 Walk Score

Highlights

Tam's Burger - Regional Credit Tenant w/7 Years Remaining, 1, 5 Year Option @ Mkt
True NNN Single Tenant Leased Investment '- Intersection 92,679 Vehicles Daily (Manchester & Figueroa) & Adjacent to 110 Fwy On-Ramp
Previously Fire Damage 3,600SF Retail Pad - Now has RTI Plans to Rebuild Fully Approved by LADBS
State Enterprise Zone: Allows Variety of Uses Due to Reduced Parking Requirements (Medical/Dental/Restaurant) 2 spaces/ 1,000SF of Building
22,323 SF Massive Parcel w/Excellent Ingress & Egress - w/Affordable Housing Potential
SBA 504 Up to 90% Loan - Construction + Purchase Price For Owner User of at least 51% of Total Sq. Footage Upon Completion of New Building

Financial Summary (Actual)

Net Operating Income: $201,807 USD (2024)
Total Expenses: $27,765 USD

Major Tenants

Tenant SF Occupied Lease End Date
Tam's Burgers 1,915 SF 3/31/2032

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
13 min - 9.0 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 15 min - 9.2 mi
AirportDriveWalkDistance
Los Angeles International 16 min - 8.2 mi
Long Beach (Daugherty Field) 22 min - 15.9 mi
Bob Hope 32 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes