Millman Team Real Estate

$1,349,000
0.15 Acre Lot

1234 W Marting Luter King Jr., Los Angeles, California 90037

  • Residential Income Property Type
  • None Cars Garage
  • 1912 Year Built
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.

Basic Details
Residential Income
For Sale
DW25216052
$1,349,000
City Lights
1912
0.15 Acre
Active
Mixed Use
: Composition
Features
: None
: Central
: Central Air
: See Remarks
: None
: None
: Contemporary
: Rain Gutters, Lighting
: Laminate, Tile
: Open Floorplan, Recessed Lighting, Multiple Staircases, Quartz Counters
: Gas Dryer Hookup, Laundry Room, Electric Dryer Hookup
: Public Sewer, Sewer Tap Paid
: Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Address Map
CA
Los Angeles
Los Angeles
90037
Marting Luter King Jr.
1234
Between Normandie & Budlong
C34 - Los Angeles Southwest
W
LAR3
Additional Information
$0
$0
$0
$0
$0
13294
: Urban
1
: Three Or More
: 0-1 Unit/Acre
17
2025-09-12
3
: Public
Broker/Agent Information
Century 21 A Better Service
Chris Limon
Listing Information
YLIMOCHR
YCAB
Conventional,1031 Exchange,FHA,VA Loan
Active
2025-09-12T21:30:31Z
CRMLS
: Standard
2025-09-12T14:08:57Z
Agent info
Ray Millman
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