1234 W Martin Luter King Jr. Los Angeles, CA 90037
Commercial/Residential, Contemporary - Los Angeles, CA
Property size:
13,294 SFLot size:
6,403.00 Acres- Added:
- Sep 12, 2025
- Days on Market:
- 213
- Last Refresh:
- Apr 12 at 8:06 am
Property Features for 1234 W Martin Luter King Jr.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Kitchen, Laundry, Living Room
- Parking features
- None
- Interior features
- Quartz Counters, 2 Staircases, Recessed Lighting, Open Floorplan, Panel Doors
- Exterior features
- Fence, Community Features Included: Urban, 0-1 Unit/Acre
- Fencing
- Fenced
- Standard status
- Active
- APN
- 5020016011
- Size
- 13,294 SF
- Lot size
- 6,403.00 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1912
- Floors in Building
- 3
- Number of units
- 17
- Flooring type
- Laminate, Tile
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agent Chris Limon License #01182471 (562) 244-8211
Listing office Century 21 A Better Service 10839 La Reina Ave #100, Downey, CA (562) 806-1000
Listing date Sep 12, 2025
MLS# DW25216052
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
RTI Approved 17-Unit Development
This Los Angeles property presents a development opportunity with RTI (Ready to Issue) approval for 17 units. The approved plans include 11 units with 1 bedroom and 1 bath, and 6 units with 2 bedrooms and 2 baths, totaling 23 bedrooms and 23 baths. The development is planned as a 4-story building with amenities such as a terrace with views and a community center. Currently, the site is occupied by a single-family residence with 3 beds and 2 baths. The property is situated in a high-demand area of Los Angeles, offering convenient access to transit, shops, and dining. Its location is near USC, the Lucas Museum of Narrative Art, and BMO Stadium. This shovel-ready project is suited for multifamily development, with strong rental demand in the surrounding area. The lot size is approximately 0.146 acres, with a property size of 13294 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.297893
- Latitude
- 34.012631
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ready-to-Issue development opportunity in Los Angeles for 17 units.
Where is this apartment building located?
The property is located at 1234 W Martin Luter King Jr. Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: RTI (Ready to Issue) with approved plans for 17 units: Shovel‑ready, fast‑track multifamily development opportunity.; Prime Los Angeles location in a high‑demand area.; Approved plans include a mix of 11 one‑bedroom/one‑bath units and 6 two‑bedroom/two‑bath units.
