1471 West Martin Luther King Jr Boulevard

1471 West Martin Luther King Jr Boulevard

Los Angeles, CA 90062

$3,000,000
Price
—
Beds
3,951 Sq. Ft.
$759 / Sq. Ft.
3,951
Sq. Ft.
$759
per Sq. Ft.
a front view of a building with street
a view of a building with a street view
a view of a building with a street
a multi story building with a street sign on it
a front view of a house with a yard and garage
a picture of the street with lots of traffic
a street sign on the wall with a book
a view of street with view of a building

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...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.
  1. Listed by Eric Chavez • DRE #01397806 • Brokerage DRE #01928538 • CAREBF INC • 213-999-0073

Property Details for 1471 West Martin Luther King Jr Boulevard

Lot Size Source
Assessor
Building Area Total
3951
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Parcel Number
5036030033
Area
Los Angeles Southwest (C34)
Directions
1471 W Martin Luther King Jr Blvd

Location

Listing Courtesy of CAREBF INC, Eric Chavez, DRE #01397806
Add your commute
LISTING UPDATED: 05/25/2024 02:09 PM

Property Details for 1471 West Martin Luther King Jr Boulevard

StatusActive
MLS #CV24099583
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1962
Lot Size0.27 AC / 11,553 SF
CountyLos Angeles County

Location

Listing Courtesy of CAREBF INC, Eric Chavez, DRE #01397806
Add your commute

Building Information for 1471 West Martin Luther King Jr Boulevard

Stories1Residences-Year Built1962Lot Size0.27 AC / 11,553 SF

Payment Calculator

$17,321 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$949

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1471 West Martin Luther King Jr Boulevard

Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Corner Lot
  • Land Use: Multi-Family, Office, Other, Retail
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing

Property History for 1471 West Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1471 West Martin Luther King Jr Boulevard

Taxable ValueLand$557,759Additions$306,767Total$864,526
Tax Record2023$11,391 ($949 / month)
Home Facts
Total Finished SqFt2,775 SqFtAbove Grade Finished SqFt2,775 SqFtStories1Lot Size11,550 SqFtStyleService StationYear Built1962ZoningLAC2CountyLOS ANGELESAPN5036-030-033

Schools near 1471 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Martin Luther King Jr. Elementary School
Public - K to 5
Barack Obama Global Preparation Academy
Public - 6 to 9
Manual Arts Senior High School
Public - 9 to 12
Public Policy Charter
Charter - 5 to 8
Rating
School
Distance
Martin Luther King Jr. Elementary School
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 9

Manual Arts Senior High School
Public9 to 12

Public Policy Charter
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1471 West Martin Luther King Jr Boulevard, Los Angeles, CA 90062

1471 West Martin Luther King Jr Boulevard is a mixed use property for sale in Los Angeles, CA 90062. This property was listed for sale on May 16, 2024 by CAREBF INC, it's currently listed at $3,000,000. It has been on the market for a total of 16 days and was last sold on June 16, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 1471 West Martin Luther King Jr Boulevard is a 0-bed, 0-bath, 3,951 sqft mixed use property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CAREBF INC, Eric Chavez, DRE #01397806

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.