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.
Property Details
Price:
$1,349,000
MLS #:
DW25216052
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c34losangelessouthwest
Listed Date:
Feb 2, 2026
Total Sq Ft:
13,294
Lot Size:
6,403 sqft / 0.15 acres (approx)
Year Built:
1912
See this Listing
Schools
Interior
Cooling
CA
Flooring
TILE, LAM
Heating
CF
Laundry Features
GE, IR
Exterior
Architectural Style
CNT
Community Features
URB
Exterior Features
LIT, RG
Roof
CMP
Financial
Map
Community
- Address1234 W Marting Luter King Jr. Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Feb 10, 2026
6,230
Single Family Listed
66
Avg DOM
519
Avg $ / SqFt
$1,494,282
Avg List Price
Property Summary
- 1234 W Marting Luter King Jr. Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,349,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1912. The average price per square foot for Single Family listings in Los Angeles is $519. The average listing price for Single Family in Los Angeles is $1,494,282.
Similar Listings Nearby
Courtesy of Century 21 A Better Service. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.1234 W Marting Luter King Jr.
Los Angeles, CA