1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062

  • $3,000,000
  • $759
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built
For Sale
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062
  • $3,000,000
  • $759

Overview

Property ID: SGR-32924104
  • Commercial Sale
  • Property Type
  • 1962
  • Year Built

Description

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.

  • Address 1471 W Martin Luther King Jr Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90062
  • Area C34 - Los Angeles Southwest
  • Country United States

Details

Updated on June 21, 2024 at 9:47 pm
  • Property ID: SGR-32924104
  • Price: $3,000,000
  • Land Area: 11553.00 m²
  • Year Built: 1962
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 3951.00
  • MLS#: CV24099583
  • Office Name: CAREBF INC
  • Agent Name: Eric Chavez
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01397806
  • IDX Contact Info: 213-999-0073

Additional details

  • County: Los Angeles
  • Property SubType: Mixed Use
  • Water Source: Public

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