tomo logo

$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

CLAW #25496853

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

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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