Property Detail

1307 Martin Luther King Jr

Los Angeles CA 90037

$1,075,000

Status: Active

Property Details

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!

Map Location

Listing provided courtesy of Alison MacCracken of Compass. Last updated 2025-05-21 08:12:06.000000. Listing information © 2024 CRMLS.

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