1234 W Martin Luter King Jr., Los Angeles, CA 90037
1234 W Martin Luter King Jr., Los Angeles, CA 90037
1234 W Martin Luter King Jr., Los Angeles, CA 90037
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,250,000
Est. payment /mo
6,403 Sqft Lot
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UPDATED:

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

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Listed by Chris Limon Century 21 A Better Service 562-244-8211, DRE #01182471

Nearby Locations

Get more details on this property

Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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1234 W Martin Luter King Jr.

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