1234 W Martin Luter King Jr.

Property Overview

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.

Home Details

Property type: Residential Income - Mixed Use
Year built: 1912
Lot size: 6,403 sq ft
Stories: 3
Days on market: 269
Cumulative days on market: 318
MLS status: Active
Architectural style: Contemporary
Zoning: LAR3

Features & Amenities

Interior

Multiple Staircases
Open Floorplan
Quartz Counters
Recessed Lighting

Parking

None

Pool

None

Lot

Zero To One Unit Acre

Exterior

Lighting
Rain Gutters

Community, Schools & Utilities

Community

View: CityLights

Utilities

Heating: Central
Cooling: CentralAir
Water: Public
Sewer: PublicSewer,SewerTapPaid

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Location & Neighborhood

Los Angeles, CA 90037

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Frequently Asked Questions About 1234 W Martin Luter King Jr.

Property type: Residential Income

The current asking price is $1,250,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1234 W Martin Luter King Jr.. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 1912. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 269 days. Status can change, so verify availability before relying on it.