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1331 W Manchester Ave, Los Angeles, CA, 90044

$615,000

Home List Price

$7,303*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,030 SqFt
$597/SqFt
House

Location

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1331 W Manchester Ave, Los Angeles$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1913
CoolingWall/Window Unit(s)
FireplaceLiving Room
ViewNone
MLS #OC24208303
Lot Size0.10 Acres
StatusActive

About 1331 W Manchester Ave

Real Estate Opportunity: Unlock the Potential! Discover the endless possibilities with this unique LaC2 zoned property, a diamond in the rough! Perfectly positioned for residential and commercial ventures, this property is rare in a prime location. Enjoy the charm of tile flooring, complemented by granite-style countertops and upgraded cabinetry in the kitchen. The elegant crown molding adds a touch of sophistication to the living spaces. Expansion Potential: The property has plans for a total of 10 units. A 9-unit apartment building and one commercial unit at the front provide the perfect opportunity for a lucrative investment opportunity. You are situated close to elementary and middle schools, USC University, and various parks. Enjoy easy access to shopping, dining, and fitness facilities, all within a short distance. Freeway close, plus LAX International Airport is just a quick drive away, making travel a breeze. There is potential for RV access, catering to various opportunities. This property is brimming with opportunities and is ready for your vision. Whether you're an investor looking to expand your portfolio or a developer with a creative eye, this is the opportunity you've been waiting for. Submit your offers today and turn this diamond in the rough into a shining gem! Take advantage of this exceptional opportunity to create something extraordinary. Contact us now for more details.

Property Details

Property Features

Property Information:

  • Year Built: 1913
  • Stories: 1
  • Living Area: 1,030 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (949) 365-4411
  • Listing Agent: Wade Wright

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Off 110 Freeway and Manchester.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $597/SqFt

Tax Information:

  • Annual Amount: $3,155
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1331 W Manchester Ave vs Los Angeles

37 DAYS ON ROCKET

-1 Day

$615,000

-$408.4K Less

$597/SqFt

-$44 Less

KEY TAKEAWAY

This property is $408.4K less than the Median Sold Price and $44/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24208303

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (949) 365-4411
  • Listing Agent: Wade Wright

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 10, 2003Home Sold
$159,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,155$251,811
2020$3,063$249,230
2019$3,019$244,344
2018$2,957$239,554
2017$2,957$234,857

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-24475
3
/10

  • La Salle Avenue School

  • 8715 La Salle Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-24476
6
/10

  • Manchester Elementary School

  • 661 W 87th St

  • 0.78 miles

  • Public District Grades 1-6

school-card-donut-24477
4
/10

  • Raymond Avenue Elementary

  • 7511 Raymond Ave

  • 0.78 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,886. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1331 W Manchester Ave

What is the listing price of this property?

The listing price of 1331 W Manchester Ave property is $615,000.

What type of property is this?

The property 1331 W Manchester Ave is a house located in Los Angeles, California, 90044.

Is this property for sale now?

Active Listing: 1331 W Manchester Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,155 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 10, 2003 for $159,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1331 W Manchester Ave has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1331 W Manchester Ave is 1,030 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1331 W Manchester Ave is 1913.

Rocket Homes›California›Los Angeles County›Los Angeles›90044›1331 W Manchester Ave

This home is located at 1331 W Manchester Ave in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 1,030 square foot home, which was built in 1913, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $615,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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