$1,250,000
- Beds
- 4
- sq ft
- 4,352
1307 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
1307 W Martin Luther King Jr Blvd
Los Angeles, CA 90037
- 50 days on market
- Price drop $149,000↓
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!
Details
Property type
Lot size
7,877 sq ft
Price per sq ft
$288
Year built
1921
HOA
No
Price History
03/06/2025

CLAW #25496853
Price change
$1,250,000
-10.65%
02/10/2025

CLAW #25496853
Listed
$1,399,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 04/01/2025 at 7:50 PM
Listing updated: 03/12/2025 at 3:15 PM
Listed by: Alison MacCracken, Compass Phone #: (310) 499-2020
MLS: CLAW #25496853

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