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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1307 W Martin Luther King Jr Boulevard
Los Angeles, CA
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