2618 West Martin Luther King Jr Boulevard

Los Angeles, CA 90008

$950,000
Price
5,910 / 0.14
Lot Size / Acres

Description

Significant price reduction! 2618 W Martin Luther King Jr Boulevard is a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously...Significant price reduction! 2618 W Martin Luther King Jr Boulevard is a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously a restaurant use, are in need of either demolition or a full rebuild. Nearby developments include 195 units on Crenshaw Boulevard, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Boulevard. With its central location 2.5 miles from USC and just a 2-minute drive from LAX to Crenshaw Metro Rail Line, a new development is expected to be the property's highest and best use. Buyers shall rely on their own due diligence to verify the development potential of the property within the City of Los Angeles.
  1. Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.

Property Details for 2618 West Martin Luther King Jr Boulevard

Zoning
LAC2
Parcel Number
5023023018
Area
Park Hills Heights (PHHT)
Lot Size Area
5910
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5023-023-018
Directions
Google Maps: 2618 W Martin Luther King Jr Blvd. Los Angeles, CA 90008
LISTING UPDATED: 08/08/2024 08:10 PM

Property Details for 2618 West Martin Luther King Jr Boulevard

StatusActive
MLS #24-351229
Days on Market293
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.14 AC
CountyLos Angeles County

Building Information for 2618 West Martin Luther King Jr Boulevard

Lot Size0.14 AC

Property Information for 2618 West Martin Luther King Jr Boulevard

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City
  • View: City Lights
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1357
  • Lot Size Square Feet: 5910
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 01-24-2024

Property History for 2618 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 2618 West Martin Luther King Jr Boulevard

Taxable ValueLand$382,034Additions$132,651Total$514,685
Tax Record2024$6,546 ($546 / month)
Home Facts
Total Finished SqFt941 SqFtAbove Grade Finished SqFt941 SqFtStories1Lot Size5,908 SqFtStyleRestaurantZoningLAC2CountyLOS ANGELESAPN5023-023-018

Schools near 2618 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - K to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Forty-Second Street Elementary School
PublicK to 5

New Heights Charter School
CharterK 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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2618 West Martin Luther King Jr Boulevard is a 0.14 ac of land for sale in Los Angeles, CA 90008. This property was listed for sale on January 24, 2024 by Kidder Mathews of California, Inc., it's currently listed at $950,000. It has been on the market for a total of 293 days and was last sold on November 17, 2020. This listing's school district is Los Angeles Unified School District. Nearby schools include Forty-Second Street Elementary School, New Heights Charter School and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 2618 West Martin Luther King Jr Boulevard is a 0-bed, 0-bath, 0.14 ac of land on a 5,910 sq. ft. / 0.14 acres lot.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews of California, Inc., Casey Lins, DRE #01902650

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.