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- LoopNet Team
1451 W Martin Luther King Jr. Blvd
Los Angeles, CA 90062
Development Site -TOC TIER 2 OPPORTUNITY ZONE · Land For Sale · 0.28 AC
Investment Highlights
- Corner Lot
- Located in the Opportunity Zone
- Property Delivered Vacant at COE
- Development Opportunity/Retail Repositioning Opportunity
- TOC Tier 2 Site
- Neighboring Tenants: Jack in the Box, KFC, Taco Bell
PROPERTY FACTS
Property Type | Land | Total Lot Size | 0.28 AC |
Property Subtype | Commercial |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.28 AC |
Description
Compass Commercial is pleased to present for sale, a development opportunity in South LA. The 12,047± square foot corner lot consists of an existing restaurant with a 1,032 square foot building. The attractive C2 zoning allows a developer to build up to 15 units by right or 50 units under TOC Tier 2 in this thriving area located in the Opportunity Zone. Property will be delivered vacant at the close of escrow.
PROPERTY TAXES
Parcel Number | 5036-031-006 | Improvements Assessment | £4,152 |
Land Assessment | £1,199,844 | Total Assessment | £1,203,996 |
PROPERTY TAXES
zoning
Zoning Code | LAC2 |
LAC2 |
Listing ID: 19374712
Date on Market: 29/04/2020
Last Updated:
Address: 1451 W Martin Luther King Jr. Blvd, Los Angeles, CA 90062
The Land Property at 1451 W Martin Luther King Jr. Blvd, Los Angeles, CA 90062 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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