1471 W Martin Luther King Jr Boulevard Los Angeles, CA $ 3,000,000
1471 W Martin Luther King Jr Boulevard
$ 3,000,000
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1471 W Martin Luther King Jr Boulevard

Los Angeles, CA, 90062
$ 3,000,000
Baths0.0 Sq 3,951

Monthly Estimate*

$ 19,939

Listed by CAREBF INC
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 1
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 2
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 3
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 4
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 5
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 6
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 7
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 8
1471 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062 - Image 9
Studio

Commercial Property for sale in Los Angeles, CA

for $3,000,000. This 3,951 square foot building was built in 1962 on a lot size of 0.2652.

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.

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Commercial Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MixedUse

Lot Size

0.2652

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24099583

Days on Market

18

Features
Exterior
Lot Features CornerLot
Water Source Public
Lot Size Area 11553.0
Spa N
Building Area Total 3951.0
Lot Size Acres 0.2652
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1962
Property SubType MixedUse
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions 1471 W Martin Luther King Jr Blvd
City Los Angeles
View Y/N N
Senior Community Y/N N
MLS Area C34 - Los Angeles Southwest
Lot Size Units SquareFeet
Lot Size Square Feet 11553.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Martin Luther King Jr
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional MixedUse
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1471
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* Excluded Features
List By
Carebf Inc

Broker

(213) 999-0073

Phone

Affordability Calculator

$19,939
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,939
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$3,000,000 Listed Price

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1471 W Martin Luther King Jr Boulevard, Los Angeles, CA, 90062 is a Commercial Property for sale at $3,000,000 with 3,951 sqft and a lot size of 0.2652. 1471 W Martin Luther King Jr Boulevard is a studio with 0.0 baths and was built in 1962. The property's zip code is 90062 which is in Los Angeles, CA