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2325 Martin Luther King Jr Way
For Sale $325,000
$325,000
- 0 Units
- Unknown Sq Ft
- 3,750 Sq Ft
- Unknown Cap Rate
Description
This property, currently a church, offers incredible potential under its RU-5 Urban Residential zoning. RU-5 zoning supports multi-unit, mid-rise, and high-rise residential development, along with ground-floor neighborhood businesses in key city corridors. Additionally, the S-13 Affordable Housing Combining Zone overlay enhances its appeal by offering incentives for affordable housing projects. These include bonus height allowances, relaxed development standards, and no maximum residential density restrictions for qualifying projects—an attractive alternative to the State Density Bonus Program. This is a unique chance to create impactful development in a convenient location!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $325,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1874 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 86631 |
| MLS # | 41083329 |
| Property ID | 321210779 |
| Lot Sqft | 3,750 |
| Zoning | Unknown |
| Days on Market | 3 |
| Original List Price | $325,000 |
| Date Updated | January 22, 2025 |
| Date Created | January 23, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Roxanne Adams an agent of eXp Realty of California. Lic #01418292
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 22, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT