1234 W Martin Luter King Jr., Los Angeles, CA 90037
- $1,250,000
List Agent Chris Limon () 562-644-9834 Century 21 A Better Service; CoList ()
- List Price
- $1,250,000
- Price Change
- ▼ $99,000 1785571598
- Status
- ACTIVE
- MLS#
- DW25216052
- Year Built
- 1912
- Lot Size
- 6,403
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 270
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Mixed Use
- Stories
- Three Or More Levels
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.
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Additional Information
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights
- Roof
- Composition
- Sewer
- Public Sewer, Sewer Tap Paid
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.