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Roseann Oesterreich, CRS, GRI
Contingent
$1,195,000

2618 W Martin Luther King Jr Boulevard
Los Angeles, CA 90008

Business Opportunities
Commercial
941
Sq. Ft.
0.1357
Acre Lot
Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.;
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2618 W Martin Luther King Jr Boulevard is 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.
24351235
Commercial - Business Opportunities, 1 Story
1964
Los Angeles
0.1357 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Casey Lins CalDRE: 01902650 - Kidder Mathews of California, Inc.;
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