Gas Station with Convenience
For Sale
Contact for pricing
Pending
1404 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
Independent gas station with convenience store and real estate for sale.
Property Size1,485 SF
Lot Size0.24 Acres
Days on Market196
Property Features for 1404 W Martin Luther King Jr Blvd
General Information
Standard status
Pending
Size
1,485 SF
Lot size
0.24 Acres
Property subtype
Business for Sale
Zoning
Commercial/Service Station
Investment Type
Owner/User
Building Details
Year Built
1963
Buildings
1
Stories
1
Listing Agency:
Liberty Business Advisors
Listed By:
Houmehr Mike Panoussi · License #01853627
Source:
Crexi
Added: Jan 27
Changed: Aug 8
Last Checked: Jul 24 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Liberty Business Advisors
Investment Insights
Based on property information with market context.
This property features an independent gas station and convenience store, including the real estate. The 1,485 square-foot building is situated on a 10,656 square-foot lot. The property also includes two enclosed garage bays that are not currently in use. The location offers prime exposure on West Martin Luther King Jr. Boulevard within a dense surrounding residential and commercial trade area. It benefits from strong daily commuter traffic in a central Los Angeles high-demand corridor. Current fuel volume is approximately 105,000 gallons per month, with an average fuel margin of around $0.55 per gallon. Market sales exceed $50,000 per month with a 35% margin, plus lottery sales. The business holds an active ABC alcohol license. Average monthly gross revenue is approximately $74,000. The real estate features two enclosed service bays that could generate additional income. There is potential for conversion to a fuel brand, which may include incentives. The property is a high-visibility corner parcel.
Key Highlights
- High‑traffic location on W. Martin Luther King Jr. Blvd in a dense residential and commercial area.
- Strong monthly fuel volume of ±105,000 gallons with an average margin of ~$0.55/gallon.
- Convenience store generates $50,000+ per month in sales at 35% margin, plus Lotto.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,024
Businesses Nearby
Explore this area
Business Placement
Demographics for 90062, CA
32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Independent gas station with convenience store and real estate for sale.
Where is this gas station located?
The property is located at 1404 W Martin Luther King Jr Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,990,000.
What are key features of this property?
This property features: High‑traffic location on W. Martin Luther King Jr. Blvd in a dense residential and commercial area.; Strong monthly fuel volume of ±105,000 gallons with an average margin of ~$0.55/gallon.; Convenience store generates $50,000+ per month in sales at 35% margin, plus Lotto.
