Contemporary
1234 W Marting Luter King Jr.
Los Angeles , CA 90037
MLS#: DW25216052
$1,349,000

Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1912
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Recessed Lighting
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Lighting, Rain Gutters
-
Parking
None
-
Pool
Yes
-
Pool Features
None
-
View
City Lights
Area & Lot
-
Lot Size(acres)
0.147
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
-
Architectural Style
Contemporary
Price
-
Sales Price
$1,349,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
10
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Chris Limon , Century 21 A Better Service
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