1471 Martin Luther King Jr Boulevard, Los Angeles

$3,000,000

Previous Next

0.27

Acres

Listing Agent
Eric Chavez - CAREBF INC

About 1471 Martin Luther King Jr Boulevard

Unlock the potential of this exceptional urban retail and/or repositioning land development opportunity! This property features a contiguous parcel of land zoned "C2-1VL-CPIO," designated for "Commercial Zone," within the South Los Angeles Community Plan Implementation Overlay District (South Los Angeles CPIO) and Transit Oriented Communities (TOC) Tier 2 Site. Encompassing a total of 11,553+/- square feet of semi-improved land, this site is paved and conveniently located on a corner, boasting a prominent presence with 135 linear feet along Martin Luther King Jr Blvd. At its core stands a Free-Standing Single-Story building erected in 1962, formerly occupied by Firestone Complete Auto Care. The building features six (6) auto repair bays spanning 3,951+/- gross leasable square feet area, purpose-built for an auto-related service business. Currently, the property owner has been operating an auto repair business on-site since 2017. The owner may consider selling or including all of its trade furniture, fixtures & equipment (FF&E) and provide entitlement time for a land developer to process its project, however final terms will be at the property owner’s sole discretion. Seize the opportunity to shape the future of this property and unlock its true value. Contact us today to learn more and schedule a viewing.

Features of 1471 Martin Luther King Jr Boulevard

MLS® # CV24099583
Price $3,000,000
Bathrooms 0.00
Acres 0.27
Year Built 1962
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1471 Martin Luther King Jr Boulevard
Area C34 - Los Angeles Southwest
City Los Angeles
County Los Angeles
Zip Code 90062

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot

Additional Information

Date Listed May 16th, 2024
Days on Market 63
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEric Chavez
OfficeCAREBF INC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?