1234 W Martin Luther King Jr Boulevard

Los Angeles, CA 90037

  • 0 Bed(s)
  • 0 Bath(s)
  • 13,294 Sqft
  • 6403
    Sqft(Lot)
$1,449,000

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Contemporary,Custom,See Remarks

  • AD ID

    50337069

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Exterior Property Features : Rain Gutters
    • Interior Features: Open Floorplan,Quartz Counters
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1912
    • Building Area Total: 13,294

    Exterior Features

    • Rain Gutters

    Pool Features

    • None

    Laundry Features

    • Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.147
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6403

  • Listing Price Information

    • Original List Price: 1,449,000
    • Listing Contract Date: 2025-07-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5020016011

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: None

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C34 - Los Angeles Southwest
    • Postal Code Plus 4: 1722
    • Directions: Between Normandie Ave & S. Budlong Ave.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C34 - Los Angeles Southwest
    • Property SubType: Duplex

    Building and Construction

    • Property Age: 113
    • Common Walls: No Common Walls
    • Structure Type: Duplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 07/04/2025 @ 23:36

  • MLS: DW25149983
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 13,294 sqft, 6,403 sized lot, and 0 parking. are nearby neighborhoods.