Located in South Los Angeles, Manchester Square is a neighborhood experiencing significant revitalization and development. This historically residential area is benefiting from proximity to major development projects, including SoFi Stadium and The Forum, which are catalyzing economic growth throughout the surrounding communities.
The neighborhood combines the advantages of established residential streets with the energy and opportunity of an area in transition. This combination creates an ideal environment for property development that serves both current residents and newcomers to the area.
With RD2 zoning allowing multi-family developments, the area is seeing increased investment in higher-density housing projects like our 1724 W 82nd Street fourplex development.
Just 2.8 miles from the $5 billion SoFi Stadium and Hollywood Park development, creating significant economic impact in the surrounding area.
Easy access to the 110 Freeway, providing convenient connections to downtown Los Angeles and other key areas of the city.
The 90047 zip code has seen consistent property value appreciation, with multi-family properties commanding premium valuations.
RD2 zoning allows multi-family development, enabling property owners to maximize lot potential with higher-density housing.
Convenient access to shopping, dining, and services, with several commercial corridors nearby and new businesses emerging in the area.
Part of South LA's ongoing revitalization, with increasing investment in infrastructure, housing, and community resources.
The Manchester Square area has demonstrated strong market fundamentals and growth potential, making it an attractive location for property development and investment.
Based on recent comparable sales in the area, multi-family properties are commanding strong valuations, with an average of $348 per square foot.
Our ARV projection of $383 per square foot is well-supported by recent sales of comparable properties in the immediate vicinity.
Property values in the 90047 zip code have been steadily increasing, driven by demand for housing and limited supply of quality multi-family units.
Well-priced properties in good condition are experiencing relatively quick market absorption, indicating healthy demand.
Several major development projects in and around the Manchester Square area are driving economic growth and property appreciation, creating a positive outlook for real estate investment.
The 298-acre sports and entertainment destination includes SoFi Stadium (home to the Rams and Chargers), retail, commercial space, a hotel, residential units, and a performance venue. This massive development is driving significant economic activity throughout the surrounding areas.
After a major renovation, The Forum has been reestablished as a premier concert and event venue, drawing visitors to the area and contributing to overall economic development in surrounding neighborhoods.
This recently completed multi-family project (20BR/21BA) demonstrates the trend toward higher-density housing in the immediate vicinity, selling for $372 per square foot in May 2025.
The area is seeing ongoing infrastructure investments, including street improvements, utility upgrades, and public space enhancements, further supporting neighborhood revitalization.
