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1440 W. manchester avenue
los angeles, ca 90047
1440 W Manchester Ave-3.jpg

SALE PRICE: $3,600,000

Elijah Suval and Daniel Hirth from the Hirth Group have successfully closed the purchase of a retail shopping center located at 1440 W. Manchester Avenue, Los Angeles CA 90047. The property is situated on ±21,639 SF of land and comprises a ±9,000 SF retail space. The transaction encountered several rare issues that required Elijah and Daniel to navigate through. Two of the three tenants occupying the property had no existing lease agreements, while one of them was in the process of eviction. Additionally, there was major deferred maintenance on the subject property. Daniel and Elijah were able to negotiate extensions with the buyer to complete environmental reports, which resulted in an increase in the purchase price. The seller's motivation for selling the property was due to retirement, while the buyer intended to expand their business. With their expertise and experience, Elijah and Daniel were able to overcome these challenges and successfully close the deal.


Daniel Hirth

Managing Director

310.300.2838 Direct

License CA: 01515796

Elijah Suval

Senior Investment Associate

310-300-3180 Direct

License CA: 02024364

The sale

 ±9,000 SF Building |  ±26,139 SF Lot
2/3 Tenant with No Lease in Place
On-Going Eviction During Escrow Period
Sold for $400/SF of Building |
Deferred Maintenance 
Purchased as Owner/User |
Medical Buyer
Seller Represented by The Hirth Group
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