List Search

1404 Martin Luther King Jr Blvd
Los Angeles, CA 90062 South Central LA

$5,990,000 USD

Service Station For Sale  •  1,306 SF

Property Details

  • Property Type Service Station
  • Total Building Size 1,306 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 1963
  • Tenancy Multiple
  • Zoning C2-1
64 Transit Score
79 Walk Score

Description 

Independent Gas Station + Convenience Store + Real Estate
Two (2) Enclosed Garage Bays noy in use included 
1485 sqft Bldg, Lot size 10,656    APN#: 5021-001-042

LOCATION HIGHLIGHTS
- Prime exposure on W. Martin Luther King Jr. Blvd
- Dense surrounding residential & commercial trade area
- Strong daily commuter traffic
- Central Los Angeles high-demand corridor

CURRENT OPERATIONS
- Fuel Volume: ±105,000 gallons per month
- Average Fuel Margin: ~$0.55/gallon
- Market Sales: $50,000+ per month at 35% + Lotto 
- Active ABC Alcohol License
- Average Monthly Gross Revenue: ±$74,000

REAL ESTATE FEATURES
- Two (2) enclosed service bays for additional income
- Potential conversion to Fuel Brand and receive incentive 
- High visibility corner-style parcel


Please sign NDA and Provide proof of funds for more info!

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
11 min - 5.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 14 min - 6.7 mi
Transit/SubwayDriveWalkDistance
Expo/Western (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
Expo/Vermont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.6 mi
Bob Hope 28 min - 15.7 mi
Long Beach (Daugherty Field) 28 min - 20.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Houmehr Mike Panoussi 661-816-1141 Liberty Business Advisors
Houmehr Mike Panoussi 661-816-1141 Liberty Business Advisors