2618 West Martin Luther King Jr Boulevard
$950,000
5,910 / 0.14
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.
- 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 Number5023023018
AreaPark Hills Heights (PHHT)
Lot Size Area5910
Source Lot Size AreaVendor Enhanced
Assessor Parcel Number5023-023-018
DirectionsGoogle 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
Status | Active |
---|---|
MLS # | 24-351229 |
Days on Market | 293 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.14 AC |
County | Los 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
Property History for 2618 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 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 | ||
Crenshaw Arts-Technology Charter High School Charter9 to 12 |
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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