1471 West Martin Luther King Jr Boulevard
$3,000,000
—
3,951
3,951
$759
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.
- 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 Total3951
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
Parcel Number5036030033
AreaLos Angeles Southwest (C34)
Directions1471 W Martin Luther King Jr Blvd
LISTING UPDATED: 05/25/2024 02:09 PM
Property Details for 1471 West Martin Luther King Jr Boulevard
Status | Active |
---|---|
MLS # | CV24099583 |
Days on Market | 200 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | 1962 |
Lot Size | 0.27 AC / 11,553 SF |
County | Los Angeles County |
Building Information for 1471 West Martin Luther King Jr Boulevard
Stories1Residences-Year Built1962Lot Size0.27 AC / 11,553 SF
Property Information for 1471 West Martin Luther King Jr Boulevard
Property History for 1471 West Martin Luther King Jr Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$568,914Additions$312,902Total$881,816
Tax Record2024$11,598 ($966 / 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 |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 11 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
Martin Luther King Jr. Elementary School PublicK to 5 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
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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