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.
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.
Property Details
Price:
$3,000,000
MLS #:
CV24099583
Status:
Active
Baths:
0
Address:
1471 W Martin Luther King Jr Boulevard
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
May 16, 2024
State:
CA
ZIP:
90062
Year Built:
1962
Schools
Interior
Exterior
Stories Total
1
Water Source
Public
Financial
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Courtesy of CAREBF INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1471 W Martin Luther King Jr Boulevard
Los Angeles, CA
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