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For sale
  • Listing Provided by: 

    Chris Limon DRE #01182471 562-244-8211,

    Century 21 A Better Service

    $1,449,000

    1234 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

    23beds
    23baths
    13,294sqft
    : 
    Duplex
    Built in 1912
    -- sqft lot
    $1,403,600 Zestimate®
    $109/sqft
    $-- HOA

    What's special

    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.
    31 days
    on Zillow
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    122
    |
    4
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    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 06:48am

    Listing Provided by:

    Chris Limon DRE #01182471 562-244-8211,

    Century 21 A Better Service

    Source: CRMLS,MLS#: DW25149983MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 23
    • Bathrooms: 23
    Rooms
    • Room types: Bedroom, Kitchen, Laundry, Living Room
    Bedroom
    • Features: Multi-Level Bedroom
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Open Floorplan, Quartz Counters
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 13,294
    • Total interior livable area: 13,294 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front
    • Exterior features: Rain Gutters
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Panoramic
    Lot
    • Size: 6,403 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5020016011
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary,Custom,See Remarks
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $1,122,000
    • Annual tax amount: $13,885
    • Date on market: 7/3/2025
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 0
    • Tenant pays: None
    • Road surface type: Paved
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