1234 W Marting Luter King Jr.

Los Angeles, CA 90037
  • $1,349,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 13,294

    SqFt

About the Listing YCAB - YLIMOCHR

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.

Listing Highlights

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® DW25216052
Year Built 1912
Total Square Footage 13,294
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor: Laminate,Tile
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Multiple Staircases,Open Floorplan,Quartz Counters,Recessed Lighting
  • Water: Public

Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LAR3
  • Roof: Composition
  • Others: Lighting,Rain Gutters,2+ Total Units
  • Sewer: Public Sewer,Sewer Tap Paid

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5020016011
  • Tax Year: N/A

Payment Calculator

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Questions About..

1234 W Marting Luter King Jr. Los Angeles, CA 90037

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Originating MLS: CRMLS

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