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

1471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 11471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 21471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 3
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1471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 41471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 51471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 61471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 71471 W Martin Luther King Jr Boulevard Los Angeles, CA - Image 8
Presented By: Eric Chavez with CAREBF INC; 213-999-0073
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# CV24099583
  • 05/16/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 3,951

Home Details

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.
Presented By: Eric Chavez with CAREBF INC; 213-999-0073

Interior Features for 1471 W Martin Luther King Jr Boulevard

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 1471 W Martin Luther King Jr Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Directions1471 W Martin Luther King Jr Blvd
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet11553.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1962

Exterior for 1471 W Martin Luther King Jr Boulevard

Building Area Total3951.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.2652
Lot Size Area11553.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,000,000
MLS#CV24099583
List Date 05/16/2024
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
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