1234 W Martin Luter King Jr., Los Angeles, CA 90037
sale
$1,250,000
|
Other
Courtesy Of Century 21 A Better Service Realty
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Contemporary
- Building Units: 17
- Cooling System: Central Air
- Floor Covering: Laminate
- Floor Covering: Tile
- Floors: 3
- Heating System: Central
- MLSID: DW25216052
- Roof Type: Composition
- Rooms: Laundry Room
- Rooms: Kitchen
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- View Type: City
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