1234 West Martin Luter King Jr., Los Angeles, CA 90037
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1234 West Martin Luter King Jr., Los Angeles, CA 90037
1234 West Martin Luter King Jr., Los Angeles, CA 90037
1234 West Martin Luter King Jr., Los Angeles, CA 90037
1234 West Martin Luter King Jr., Los Angeles, CA 90037
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Chris Limon • Century 21 A Better Service
$ 1,250,000
Est. payment /mo
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Price Dropped by $99K

1234 West Martin Luter King Jr. Los Angeles, CA 90037

13,294 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active

Purchase Type For Sale

Square Footage 13,294 sqft

Price per Sqft $94

MLS Listing ID DW-25216052

Style Contemporary

Year Built 1912

Lot Size 6,403 Sqft

Property Sub-Type Commercial/Residential

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Development Opportunity in Prime Los Angeles – RTI for 17 Units! Unlock the full potential of this prime Los Angeles property! Currently a single-family home, this site comes RTI (Ready to Issue) with approved plans for 17 units — all that's left is to pull the permits and start building. Located in a high-demand area of L.A., this is a rare, shovel-ready opportunity for investors and developers seeking a fast-track, high-yield multifamily project. RTI – Save time and money Approved for 17 units, These have 11 units with 1 bedroom/ 1 bath & 6 Units with 2 bedroom & 2 bath. Total of 23 Bedroom & 23 Bath. this offer a lot of amenities as a 4 floor to use like a terrace with a beutiful view, an comunity Center and mucho more. Ideal for multifamily development Strong rental demand in surrounding area Convenient access to transit, shops, dining, and more Prime area near USC, Lucas Museum of Narrative Art, BMO Stadium Whether you're expanding your portfolio or breaking ground on your next signature project, this property offers the kind of entitlements and location that make for a winning investment. Now is a Single Family residence with 3 bed and 2 bath.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Sw

Zoning LAR3

Interior

Interior Features 2 Staircases, Open Floorplan, Recessed Lighting

Heating Central

Flooring Laminate, Tile

Fireplaces Type None

Laundry Gas & Electric Dryer Hookup, Individual Room

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features None

Pool None

Community Features Urban

Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available

View Y/N Yes

View City Lights

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer, Sewer Paid

NEARBY SCHOOLS & PROPERTIES

Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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1234 West Martin Luter King Jr.