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$ 1,250,000
Est. payment /mo
Price Dropped by $149K
1307 W Martin Luther King Jr BLVD Los Angeles, CA 90037
4 Beds
4 Baths
4,352 SqFt
UPDATED:
03/12/2025 10:08 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,352 sqft
Price per Sqft $287
MLS Listing ID 25496853
Bedrooms 4
HOA Y/N No
Year Built 1921
Lot Size 7,875 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5037001022
Special Listing Condition Standard
Listed by Alison MacCracken • Compass