CA > Los Angeles
Los Angeles, CA 90062,1471 W Martin Luther King Jr BLVD
Los Angeles, CA 90062,1471 W Martin Luther King Jr BLVD
Los Angeles, CA 90062,1471 W Martin Luther King Jr BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,000,000
Est. payment /mo
0.27 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24099583

HOA Y/N No

Year Built 1962

Lot Size 0.265 Acres

Property Sub-Type Mixed Use

Property Description

Prime Corner Lot – Seller Financing – Major Upside! Rare opportunity to own an 11,553± SF corner lot with 135 feet of MLK Jr Blvd frontage in booming South LA. Zoned C2-1VL-CPIO with TOC Tier 2, the site includes a 2,775± SF auto-use building with six bays—formerly Firestone, now owner-operated since 2017. Ample parking with 12 on-site spaces, 10 street spots, and 5 garage bays. Ideal for owner-users or redevelopment. Seller financing: $1M down, 1.80% interest-only, $3,000/month, balloon in 3 years. FF&E and entitlement time may be considered. Unlock value—prime location, flexible terms. Seller reserves final approval of terms and buyer qualifications.

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry None

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 5036030033

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eric Chavez • CAREBF INC • 213-999-0073

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