Skip main navigation
For sale
    • Listed by: Century 21 A Better Service • Chris Limon • Contact: 562-244-8211
    $1,250,000

    1234 W Martin Luther King Blvd #Jr, Los Angeles, CA 90037

    23beds
    23baths
    13,294sqft
    : 
    $8,034/mo
    Get pre-qualified
    Mixed Use
    Built in 1912
    -- sqft lot
    $1,231,600 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    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.
    340 days
    |
    40
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris Limon DRE #01182471 562-244-8211,

    Century 21 A Better Service

    Source: CRMLS,MLS#: DW25216052MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 23
      • Bathrooms: 23
      Rooms
      • Room types: Bedroom, Kitchen, Laundry, Living Room
      Bedroom
      • Features: Multi-Level Bedroom
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
      Features
      • Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting
      • Flooring: Laminate, Tile
      • Doors: Panel Doors
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 13,294
      • Total interior livable area: 13,294 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: 1
      • Exterior features: Lighting, Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: See Remarks
      • Has view: Yes
      • View description: City Lights
      Lot
      • Size: 6,403 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 5020016011
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Mixed Use
      Materials
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1912

      Utilities & green energy

      • Sewer: Public Sewer, Sewer Tap Paid
      • Water: Public
      • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Features: Urban
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $94/sqft
      • Date on market: 9/12/2025
      • Cumulative days on market: 340 days
      • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
      • Tenant pays: All Utilities
      • Road surface type: Paved

        Estimated market value

        $1,231,600

        $1.17M - $1.29M

        $2,087/mo

        Price history

        DateEventPrice
        8/1/2026Listed for sale$1,250,000-7.3%$94/sqft
        Source: CRMLS #DW25216052 Report a problem
        6/22/2026Listing removed$1,349,000$101/sqft
        Source: CRMLS #DW25216052 Report a problem
        9/12/2025Listed for sale$1,349,000$101/sqft
        Source: CRMLS #DW25216052 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        75 / 100
        Very Walkable
        67 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

            • Local buyer's agents are ready to help

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Los Angeles Topics

                Search
                Updates
                Favorites
                Plan
                Inbox