2618 W Martin Luther King Jr Blvd 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 Blvd, the Baldwin Hills Crenshaw Plaza, and various creative offices off of Jefferson Blvd. 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 verify the development potential of the property within the City of LA.
Listing Agent: Casey Lins 01902650 Courtesy of: Kidder Mathews Of California, Inc. "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 5th February, 2023 10:53 PM (UTC)