Incredible investment opportunity! This 4 unit building features a unit mix consisting of three (3) 1-bedroom + 1-bathroom units, & one (1) 2-bedroom + 1-bathroom unit. Units have been updated and include hardwood floors, appliances and ten (10) on-site parking spaces. Located in the prime area for redevelopment. Zoning for the property is R3-1-CPIO and is part of the Tier 2 transit corridor which may allow for a 60% increase in the number of units over the 1 unit per 800 sq.ft. of land space with the potential to build up to 16 units. A great opportunity that is well situated and only blocks from the USC campus! ONE UNIT REMODELED AND DELIVERED VACANT!
Property Details
Price:
$1,250,000
MLS #:
25496853
Status:
Active
Baths:
0
Address:
1307 W Martin Luther King Jr Boulevard
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90037
Lot Size:
7,877 sqft / 0.18 acres (approx)
Year Built:
1921
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Driveway
Parking Spots
0.00
Financial
Map
Community
- Address1307 W Martin Luther King Jr Boulevard Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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Courtesy of Compass. 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 2025. California Regional Multiple Listing Service. All rights reserved.1307 W Martin Luther King Jr Boulevard
Los Angeles, CA
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