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1234 W Marting Luter King Jr. Los Angeles, CA $ 1,349,000
1234 W Marting Luter King Jr.
$ 1,349,000
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1234 W Marting Luter King Jr.

Los Angeles, CA, 90037
$ 1,349,000
Baths2.0 Sq 13,294

Monthly Estimate*

$ 8,416

Listed by Century 21 A Better Service
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,349,000 with 2 full baths. This 13,294 square foot home was built in 1912 on a lot size of 0.147.

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.

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Multi-Family Active

Price

$ 1,349,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.147

Year Built

1912

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW25216052

Days on Market

97

Features
General
Sewer Public Sewer Sewer Tap Paid
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Possession Close Of Escrow
Roof Composition
Zoning LAR3
Garage Spaces 0
Architectural Style Contemporary
Pool Features None
Year Built 1912
Tenant Pays All Utilities
View City Lights
Levels Three Or More
Property Subtype Mixed Use
Gross Income 0
Community Features Urban
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction 0
Property Type Residential Income
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions Between Normandie & Budlong
City Los Angeles
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 0
Number Of Units Total 17
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 6403
Carport Spaces 0
Listing Terms Conventional 1031 Exchange FHA VA Loan
Spa Features None
Property Attached Y/N 0
Land Lease Y/N 0
Trash Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 10
Property Sub Type Additional Mixed Use
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Interior
Interior Amenities Multiple Staircases Open Floorplan Quartz Counters Recessed Lighting
Flooring Laminate Tile
Fireplace Features None
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Laundry Room
Entry Level 1
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Exterior
Exterior Amenities Lighting Rain Gutters
Fencing See Remarks
Parking Features None
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 6403
Number of Buildings 1
Spa 0
Building Area Total 13294
Lot Size Acres 0.147
Road Surface Type Paved
Private Pool 0
Lot Size Source Assessor
Door Features Panel Doors
Number of Separate Water Meters 17
Number of Separate Gas Meters 17
Number of Separate Electric Meters 17
Road Frontage Type City Street
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* Excluded Features
List By
Century 21 A Better Service

Broker

chris.limon@me.com

Email

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$8,416
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Monthly Principal & Interest
$8,416
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,349,000 Listed Price

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1234 W Marting Luter King Jr., Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,349,000 with 13,294 sqft and a lot size of 0.147. 1234 W Marting Luter King Jr. is a studio with 2.0 baths and was built in 1912. The property's zip code is 90037 which is in Los Angeles, CA