Financial
Distress signals
Property profile

1404 Martin Luther King Jr Blvd Los Angeles, CA 90062

OFF-MARKET
Gas stations
Property ID
US10-0088680
1,485 SF 0.24 ac lot Built 1963
Last sale Aug 2026 · $4,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an independently operated gas station and convenience store complex, including the real estate. It features a 1,485-square-foot building on a 10,656-square-foot lot with two enclosed garage/service bays that are not currently utilized. The site is located on West Martin Luther King Jr. Boulevard as a high-visibility corner parcel within a dense mix of residential and commercial uses, with access to a commuter-oriented traffic corridor in central Los Angeles. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$366k
Assessed land$164k
Assessed improvement$202k
Effective rate1.44%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$3,197/SF
Submarket average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$1,144 – $9,119
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAC2
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm58.7
Realty agency50.5
Dental Office31.7

Location

1404 Martin Luther King Jr Blvd Los Angeles, CA 90062-1223
County assessor Recorded deeds · 6 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 16 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4404 Western, Los Angeles, CA 90062-1605 $710,500 Dec 2024 1,845 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable in this city
6 properties of the same type in this city
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