1471 W Martin Luther King Jr Boulevard , Los Angeles, CA 90062
Los Angeles, CA 90062
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.
Details
| MLS# | CV24099583 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 255 |
| Listing Provided By | CAREBF INC 213-999-0073 | Eric Chavez |
Features
| SQ Feet | 3,951 |
|---|---|
| Story(s) | 1 |
| Acreage | 0.27 |
Market Activity 90062
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90062 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90062) | |
Price: $3,000,000 low | high Med: $840,000 SqFt: 3,951 low | high Med: 1,080 $ / SqFt: $759 low | high Med: $778 On Site: 255 low | high Med: 55.000000 | |