1471 Martin Luther King Jr, Los Angeles CA 90062 | $3,000,000
Listing provided courtesy of Eric Chavez of CAREBF INC. Last updated 2025-05-23 08:19:46.000000. Listing information © 2025 SANDICOR.
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.
More Details
1 Story
