#PW25069867, Brian Jung, Listing office: BJ Realty

1234 W Martin Luther King Jr Blvd W Los Angeles, CA 90037
Property details
About 1234 W Martin Luther King Jr Blvd W
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.
Highlights
Summary
- Flooring Type: Laminate
- Interior: Open Floorplan, Quartz Counters
- Fireplace: None
- Private Pool: No
- Parking: None
- View: City Lights, Panoramic
- Exterior: Rain Gutters
- Architectural Style: Contemporary, Custom, See Remarks
- Heating: Central
- Cooling: Central Air
- List Price: $1,449,000
- Directions: Between Normandie Ave & S. Budlong Ave.
- Year Built: 1912
- Stories: 3
- Lot Size: 0.147 Acres
- MLS Number: DW25149983
- MLS Name: CRMLS
- Office Name: Century 21 A Better Service
- Office Phone: (562) 244-8211
- Listing Agent: Chris Limon
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 7/8/2025, 9:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
5
Menlo Avenue Elementary
Public District KG-5
0.5 mi
•4156 Menlo Ave
3
Kipp Vida Preparatory Academy
Public Charter KG-4
0.5 mi
•4410 S Budlong Ave
5
Normandie Avenue Elementary School
Public District PK-5
0.5 mi
•4505 S Raymond Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,796. The most common annual income of people living in Los Angeles, CA is less than $<35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 1234 W Martin Luther King Jr Blvd W
The listing price of 1234 W Martin Luther King Jr Blvd W property is $1,449,000.
The property 1234 W Martin Luther King Jr Blvd W is a multi located in Los Angeles, California, 90037.
Active Listing: 1234 W Martin Luther King Jr Blvd W is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1234 W Martin Luther King Jr Blvd W are: Menlo Avenue Elementary (GreatSchools Rating 5/10), Kipp Vida Preparatory Academy (GreatSchools Rating 3/10), Normandie Avenue Elementary School (GreatSchools Rating 5/10), Kipp Scholar Academy (GreatSchools Rating 3/10), Barack Obama Global Preparation Academy (GreatSchools Rating 2/10), New Heights Charter (GreatSchools Rating 6/10), Manual Arts High School (GreatSchools Rating 3/10), Ednovate - Usc Hybrid High College Preparatory (GreatSchools Rating 8/10), Foshay Learning Center (GreatSchools Rating 6/10).
The year of construction for 1234 W Martin Luther King Jr Blvd W is 1912.
This home is located at 1234 W Martin Luther King Jr Blvd W in Los Angeles, CA and zip code 90037 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 4, 2025 and is currently priced at $1,449,000.
In June 2025, from all listings sold in Los Angeles, CA there were more than 282 sold above asking price, over 339 sold below and more than 108 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 9% between May and June 2025. Listings spent 34 days on the market in June 2025, and had a median list price of $876,067 during the same period.