1234 W Martin Luther King Jr BLVD W Los Angeles, CA 90037
6,403 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25149983
HOA Y/N No
Year Built 1912
Lot Size 6,403 Sqft
Property Sub-Type Duplex
Property Description
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 Southwest
Zoning LAR3
Interior
Interior Features Open Floorplan, Quartz Counters
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Exterior Feature Rain Gutters
Parking Features None
Pool None
Community Features Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
View Y/N Yes
View City Lights, Panoramic
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Custom, See Remarks
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5020016011
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
