2618 W Martin Luther King Jr Boulevard
Los Angeles, CA 90008
- – beds
- – baths
- 5,910 sqft
- 5,910 sqft lot
- $160 per sqft
- – on site
SIGNIFICANT PRICE REDUCTION! 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.
Last checked:
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Last updated Aug 9, 2024
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MLS# CL24351229 —
This property is listed in more than one place. See it here.
The Building
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Building Area Units:Square Feet
Room Dimensions
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Living Area:5910
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Living Area Units:Square Feet
Location
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Directions:Google Maps: 2618 W Martin Luth
The Property
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View:City Lights
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View:true
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Property Type:Land
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Property Subtype:Unimproved Land
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Lot Size Area:0.14
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Lot Size Acres:0.14
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Lot Size SqFt:5910
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Lot Size Units:Acres
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Zoning:LAC2
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Parcel Number:5023023018
Listing Agent
- Contact info:
- Agent phone:
- (714) 333-6768
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/8/24
Aug 8, 2024
|
Price Changed | BRIDGE | $950,000 | -20.5% |
|
7/8/24
Jul 8, 2024
|
Relisted | BRIDGE | $1,195,000 | |
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4/16/24
Apr 16, 2024
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Pending | BRIDGE | $1,195,000 |
