Vacant Multifamily Property with Bonus
New
For Sale
$995,000
1306 W Martin Luther King Jr, Los Angeles, CA 90037
Delivered vacant with flexible bonus-room layouts and LAR3 zoning near USC and major cultural destinations.
Property SizeContact for details
Days on Market1
Property Features for 1306 W Martin Luther King Jr
General Information
Standard status
Active
Property subtype
Multi-Family
Zoning
LAR3
Listing Agency:
Century 21 Realty Masters
Listed By:
Tomas Briseno · License #01940380
(562) 927-2626
Source:
Michaeldevlingroup
Added: Sep 10
Last Checked: Sep 10 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Realty Masters
Investment Insights
Based on property information with market context.
This multifamily property at 1306 W Martin Luther King Jr in Los Angeles is delivered vacant and ready for occupancy. Each unit includes one bedroom, one bathroom, and a bonus room that adds flexible interior space. The property is zoned LAR3 and includes outdoor area on the lot.
The property is within a short walk of USC and minutes from Exposition Park, the California Science Center, the Lucas Museum of Narrative Art, BMO Stadium, and the Los Angeles Memorial Coliseum. The site may offer opportunities for additional development, including ADUs, subject to independent verification of zoning, permitted uses, and development requirements with the appropriate agencies.
The property is within a short walk of USC and minutes from Exposition Park, the California Science Center, the Lucas Museum of Narrative Art, BMO Stadium, and the Los Angeles Memorial Coliseum. The site may offer opportunities for additional development, including ADUs, subject to independent verification of zoning, permitted uses, and development requirements with the appropriate agencies.
Key Highlights
- Delivered vacant with one‑bedroom, one‑bathroom units and bonus rooms
- LAR3 zoning
- Short walk from USC
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,175
Businesses Nearby
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Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Delivered vacant with flexible bonus-room layouts and LAR3 zoning near USC and major cultural destinations.
Where is this multifamily property located?
The property is located at 1306 W Martin Luther King Jr Los Angeles, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Delivered vacant with one‑bedroom, one‑bathroom units and bonus rooms; LAR3 zoning; Short walk from USC
