1234 W Martin Luter King Jr., Los Angeles, CA 90037
List Price: $1.25M
Listing Status: Active
Original List Price: $1.35M
0Days on Market: 269
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1912
Lot Size: 6,403 sq ft
Private Pool: Yes
MLS Number: DW25216052
About This Property
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 provided by: Chris Limon DRE #01182471 562-806-1000 chris.limon@me.com, Century 21 A Better Service
Source: CRMLS, MLS #: DW25216052
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.