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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1234 W Marting Luter King Jr., Los Angeles – $1,349,000

  • 3 Beds
  • 3 Baths
  • .15 Acres
  • 101 DOM
  • 3 Beds
  • 3 Baths
  • .15 Acres
  • 101 DOM

1234 W Marting Luter King Jr.

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.

Essential Information

  • MLS® #DW25216052
  • Price$1,349,000
  • Bedrooms3
  • Bathrooms3.00
  • Acres0.15
  • Year Built1912
  • TypeResidential Income
  • Sub-TypeMixed Use
  • StyleContemporary
  • StatusActive

Community Information

  • Address1234 W Marting Luter King Jr.
  • AreaC34 - Los Angeles Southwest
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90037

Amenities

  • ParkingNone
  • GaragesNone
  • ViewCity Lights
  • PoolNone

Utilities

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

Interior

  • InteriorLaminate, Tile
  • HeatingCentral
  • CoolingCentral Air
  • FireplacesNone
  • # of Stories3
  • StoriesThree Or More

Interior Features

Multiple Staircases, Open Floorplan, Quartz Counters, Recessed Lighting

Exterior

  • Exterior FeaturesLighting, Rain Gutters
  • Lot DescriptionZeroToOneUnitAcre
  • RoofComposition

Additional Information

  • Date ListedSeptember 12th, 2025
  • Days on Market101
  • ZoningLAR3

Listing Details

  • AgentChris Limon
  • OfficeCentury 21 A Better Service
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Chris Limon, Century 21 A Better Service.

Based on information from California Regional Multiple Listing Service, Inc. as of December 22nd, 2025 at 7:50pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.