Los Angeles, CA 90037,1234 W Marting Luter King Jr.
Los Angeles, CA 90037,1234 W Marting Luter King Jr.
Los Angeles, CA 90037,1234 W Marting Luter King Jr.
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$1,349,000
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6,403 Sqft Lot
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1234 W Marting Luter King Jr. Los Angeles, CA 90037

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Cole & Monica Mitchell

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25216052

HOA Y/N No

Year Built 1912

Lot Size 6,403 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR3

Interior

Interior Features Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Exterior Feature Lighting, Rain Gutters

Parking Features None

Fence See Remarks

Pool None

Community Features Urban

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N Yes

View City Lights

Roof Type Composition

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer, Sewer Tap Paid

Water Public

Architectural Style Contemporary

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5020016011

Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Chris Limon Century 21 A Better Service 562-244-8211

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Equitas Academy Charter

    Public | KG - 5

  • 8

    Queen Anne Place Elementary School

    Public | KG - 5

  • 8

    Hoover Street Elementary

    Public | KG - 5

  • 8

    Global Education Academy

    Public | KG - 5

  • 8

    Synergy Charter Academy

    Public | KG - 5

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    New Heights Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 7

    Equitas Academy Charter #2

    Public | 5 - 8

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Menlo Avenue Elementary

    Public | KG - 5

  • 6

    Downtown Value

    Public | KG - 8

  • 6

    Thirty-Second Street Usc Performing Arts

    Public | KG - 12

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 5

    City Charter Elementary School

    Public | KG - 5

  • 5

    Celerity Nascent Charter

    Public | KG - 8

  • 5

    Kipp Academy of Opportunity

    Public | 5 - 8

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    Bright Elementary School

    Public | KG - 5

  • 5

    Kipp Scholar Academy

    Public | 5 - 8

Middle Schools 20
  • 7

    Alliance Gertz-Ressler Richard Merkin 6-12 Complex

    Public | 6 - 12

  • 6

    Alliance Ouchi-O'Donovan 6-12 Complex

    Public | 6 - 12

  • 6

    New Designs Charter

    Public | 6 - 12

  • 5

    Pico Pico Middle School

    Public | 6 - 8

  • 4

    Foshay Learning Center

    Public | 6 - 12

  • 4

    Alliance College-Ready Middle Academy No. 12

    Public | 6 - 8

  • 4

    John Adams Middle School

    Public | 6 - 8

  • 2

    Monsenor Oscar Romero Charter Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 1

    Audubon Middle School

    Public | 6 - 8

  • 1

    View Park Preparatory Accelerated Charter Middle School

    Public | 6 - 8

  • 1

    Johnnie Cochran Jr. Middle School

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    Global Education Academy Middle School

    Public | 6 - 8

  • 1

    Berendo Middle School

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    William Jefferson Clinton Middle School

    Public | 6 - 8

  • 1

    John Liechty Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

High Schools 20
  • 9

    Alliance Dr. Olga Mohan High School

    Public | 9 - 12

  • 8

    Wallis Annenberg High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Orthopaedic Hospital

    Public | 9 - 12

  • 7

    Math and Science College Preparatory

    Public | 9 - 12

  • 7

    Frederick Douglass Academy High School

    Public | 9 - 12

  • 7

    Animo Jackie Robinson High School

    Public | 9 - 12

  • 6

    Crenshaw Arts-Technology Charter High School

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 5

    View Park Preparatory Accelerated High School

    Public | 9 - 12

  • 5

    Alliance Renee and Meyer Luskin Academy High School

    Public | 9 - 12

  • 5

    Camino Nuevo Charter High School

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Santee Education Complex

    Public | 9 - 12

  • 4

    Miguel Contreras Learning Complex - School of Business & Tourism

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Los Angeles High School

    Public | 9 - 12

  • 3

    Miguel Contreras Learning Complex - Academic Leadership Community

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.
Cole & Monica Mitchell
Cole & Monica Mitchell

+1(818) 875-7561 | cole@mitchellteam.net

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1234 W Marting Luter King Jr.