Skip to content
For Sale

$699,000

5,911 sqft$118/sqft237 days on market

2618 W Martin Luther King Jr Boulevard

Los Angeles, CA 90008

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,911

Square feet

1964

Built

Listing narrative

Description

We are pleased to present 2618 W Martin Luther King Jr Boulevard, a well-positioned development opportunity located in Leimert Park, one of the hottest submarkets throughout Los Angeles. The property consists of 5,908 SF of C2 land, positioned on a corner with alley access in the rear. The property has approximately 57' in width, 105' in depth, and a 20' alley in the rear to allow for ingress/egress flexibility on a new development. The current improvements, a 941 SF building that was previously a restaurant use, are in need of either demolition or a full rebuild. Nearby developments include 195 units on Crenshaw Boulevard, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Boulevard. With its central location 2.5 miles from USC and just a 2-minute drive from LAX to Crenshaw Metro Rail Line, a new development is expected to be the property's highest and best use. Buyers shall rely on their own due diligence to verify the development potential of the property within the City of Los Angeles. Contact the listing broker for additional information.

Listing agent (MLS): Casey Lins · Listing brokerage (MLS): Kidder Mathews of California, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$699,000

Beds

Beds n/a

Type

Commercial

Home Size

5,911 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

1964

Status

For Sale

Days on Market

237

$ / Sqft

$118

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Kidder Mathews of California, Inc.