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About This Home

This 3-bedroom, 3-bathroom residential multi family at 1234 W Martin Luter King Jr. in Los Angeles, CA is listed for $1,349,000 ($101 per sqft). Built in 1912, the home offers 13,294 sqft of living space on a 0.15 acres lot.

Agent 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 Whet

her 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.

Key Features

  • Built in 1912
  • 0.15 acre lot
  • 3 stories

Property Details

3 stories
3 full
1912

Amenities

View

Monthly Cost Estimate

$7,215/mo

20% down · 6.5% · 30 years

Principal$976
Interest$5,846
Insurance$393

Estimates only. Actual payments may vary.

Location

1234 W Martin Luter King Jr.

Los Angeles, CA 90037

Features & Amenities

Interior Features

Quartz Counters2 StaircasesRecessed LightingOpen FloorplanPanel Doors

Exterior Features

FenceCommunity Features Included: Urban0-1 Unit/Acre

Property Details

Flooring

LaminateTile

Views

City

Parking

None

Heating

Central

Cooling

Central Air

Questions & Answers

This 3-bedroom, 3-bathroom residential multi family at 1234 W Martin Luter King Jr. is listed at $1,349,000 ($101/sqft). The estimated monthly payment is $5,846 based on 20% down at 6.5% interest.

Key features include: Built in 1912, 0.15 acre lot, 3 stories. Interior Features: Quartz Counters, 2 Staircases, Recessed Lighting. Exterior Features: Fence, Community Features Included: Urban, 0-1 Unit/Acre.

This property is listed by Chris Limon and can be reached at 5622448211 or chris.limon@me.com.

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CL

Chris Limon

Agent at Century 21 A Better Service

(562) 244-8211

Listed by Century 21 A Better Service · View on Broker Site

MLS# DW25216052· Source: listhub· Updated 210 days ago

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.

1234 W Martin Luter King Jr., Los Angeles, CA 90037

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