1234 W Marting Luter King Jr. new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25216052
HOA Y/N No
Year Built 1912
Lot Size 6,403 Sqft
Property Sub-Type Mixed Use
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 Southwest
Zoning LAR3
Interior
Interior Features Multiple Staircases,Open Floorplan,Quartz Counters,Recessed Lighting
Heating Central
Cooling Central Air
Flooring Laminate,Tile
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Exterior
Exterior Feature Lighting,Rain Gutters
Parking Features None
Fence See Remarks
Pool None
Community Features Urban
Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available
View Y/N Yes
View City Lights
Roof Type Composition
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 3
Entry Level Three Or More
Sewer Public Sewer,Sewer Tap Paid
Water Public
Architectural Style Contemporary
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5020016011
Acceptable Financing Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Conventional,1031 Exchange,FHA,VA Loan
Special Listing Condition Standard