CA > Los Angeles
Los Angeles, CA 90062,1471 West Martin Luther King Jr Boulevard
Los Angeles, CA 90062,1471 West Martin Luther King Jr Boulevard
Los Angeles, CA 90062,1471 West Martin Luther King Jr Boulevard
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Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Eric Chavez • CAREBF INC
$3,000,000
Est. payment /mo
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UPDATED:

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

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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