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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John Herkenrath

John Herkenrath

Epique

+1(310) 221-2910
$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

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.

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
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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