1471 West Martin Luther King Jr Boulevard Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90062
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24099583
Year Built 1962
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 Sw
Interior
Laundry None
Building
Lot Description Corner Lot