Active
1471 W Martin Luther King Jr Boulevard
Los Angeles CA, 90062
$3,000,000
$759.30 per sqft
Active
3,951 sqft
Commercial
Built in 1962
Listed by Eric Chavez with CAREBF INC 213-999-0073
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.
CV24099583
MLSⓇ ID
May 16, 2024
Listed
November 22, 2024
Updated
Map
1471 W Martin Luther King Jr Boulevard
Los Angeles CA, 90062
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.27 Acres
Lot Features
Corner Lot
Other Property Details
Area Name
C34 - Los Angeles Southwest
Days on Market
89
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Listing Contact: 213-999-0073
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 6:08 PM UTC