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!
For sale
$1,075,000
1307 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
4beds
4baths
4,352sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$1,060,600 Zestimate®
$247/sqft
$-- HOA
What's special
Hardwood floors
- 32 days
- on Zillow |
- 115 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 05:07pm
Listed by:
Alison Maccracken DRE # 01920182 310-600-8590,
Compass 310-499-2020
Source: CLAW,MLS#: 25540279

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- None
Cooling
- None
Interior area
- Total structure area: 4,352
- Total interior livable area: 4,352 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 7,875.65 Square Feet
Details
- Additional structures: None
- Parcel number: 5037001022
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $411,275
- Annual tax amount: $5,699
- Date on market: 5/18/2025
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