$1,349,000
1234 W Martin Luter King Jr., Los Angeles CA 90037
Multi-Family (17 Units)
Property type
266 days
On market
$101
Price per sqft
0 cars
Garage
1912
Year built
6,403 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Chris Limon DRE #01182471 562-644-9834, Century 21 A Better Service
Listing updated: Feb 25, 2026 at 11:43pm.
Last checked: Jun 5, 2026 at 08:01pm
Source: CRMLS #DW25216052
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 2 | 2 | — | $0 | $0 | $2,800 | Unfurnished |
| 11 | 1 | 1 | — | $0 | $0 | $1,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 17
Separate Electric Meters: 17
Separate Gas Meters: 17
Separate Water Meters: 17
Rent Control: No
Tenant Pays: All Utilities
Financial Snapshot
Gross Scheduled Income: $0
Operating Expense: $0
Net Operating Income: $0
Annual Operating Expenses
Insurance: $0
Professional Management: $0
Trash: $0
Other Expense: $0
Interior
Interior Features: Multiple Staircases, Open Floor Plan, Quartz Counters, Recessed Lighting
Room Type: Bedroom, Kitchen, Laundry, Living Room
Flooring: Laminate, Tile
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Entry Location: 1
Exterior
Architectural Style: Contemporary
Property Attached: No
Stories Total: 3
Levels: Three Or More
Door Features: Panel Doors
Roof: Composition
Exterior: Lighting, Rain Gutters
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer, Sewer Tap Paid
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
View: City Lights
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: None
Garage Spaces: 0
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5020016011
Additional Parcels: No
Tax Lot: 10
Zoning: LAR3
Tax Block: K
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 1234 W Martin Luter King Jr., Los Angeles, CA 90037. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,079,200
Total Interest
$1,376,460
Total Payment
$2,455,660
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,376
per month
Property History for 1234 W Martin Luter King Jr.
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90037.
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