1471 Martin Luther King Jr Boulevard, Los Angeles

$3,000,000

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0.27

Acres

Listing Agent
Eric Chavez - CAREBF INC

About 1471 Martin Luther King Jr Boulevard

Prime Corner Lot – Seller Financing – Major Upside! Rare opportunity to own an 11,553± SF corner lot with 135 feet of MLK Jr Blvd frontage in booming South LA. Zoned C2-1VL-CPIO with TOC Tier 2, the site includes a 2,775± SF auto-use building with six bays—formerly Firestone, now owner-operated since 2017. Ample parking with 12 on-site spaces, 10 street spots, and 5 garage bays. Ideal for owner-users or redevelopment. Seller financing: $1M down, 1.80% interest-only, $3,000/month, balloon in 3 years. FF&E and entitlement time may be considered. Unlock value—prime location, flexible terms. Seller reserves final approval of terms and buyer qualifications. 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.

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 368
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEric Chavez
OfficeCAREBF INC

Listing Map

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