Please stand by.
USDAProperties.com is recovering from last night...

 

 

 

$850,000   Price Analysis
Agent List  share icon     map icon  QR
1162 E Martin Luther King Jr Blvd
Los Angeles, CA 90011
5 bed 3 bath 2,031 SqFt ($418/SqFt)
6,005SqFt lot. Built 1947
Listed 2024-05-21, Taxes $15,750
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to 1162 and 1162 1/2 E.

Martin Luther King Jr. Blvd, a unique two-unit property offering abundant potential and opportunities. This promising LAR2 zoning investment property is nestled in the vibrant city of Los Angeles, conveniently located near schools, parks, churches and downtown Los Angeles.

Its prime location enhances its appeal, making it an ideal investment opportunity. The front unit comprises four b edrooms and two baths, while the back unit features three bedrooms and ne bath. The open front unit accommodates multiple families or a large household comfortably. Additionally, solar panels are included and fully paid for, enhancing the property's sustainability and reducing utility costs.


Presented by Mercedes Gomez at
LA GOLD REALTY, INC.


Property MLS #CV24101464 from CRMLS

Bedrooms: 5
Bedrooms On Main Level: 1

Total Bathrooms: 3
Full Bathrooms: 3
Bathrooms On Main Level: 1

Bonus Room

Laundry Features: Gas & Electric Dryer Hookup

Cooling Features: Wall/Window Unit(s)

Kitchen Features: Kitchen Island

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1378558
Lot Size Source: Assessor
Lot Size Square Feet: 6005

Number of Units: 2

School District: Los Angeles Unified

Wadsworth Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
directions icon Map directions

Nava College Preparatory Academy is a public high school located approximately 0.2 miles away.
directions icon Map directions

Dr. Julian Nava Learning Academies-School Of Business And Technology is a public middle school located approximately 0.5 miles away.
directions icon Map directions

Victory Baptist Day Elementary School is a private elementary, middle and high school located approximately 0.8 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: via I-110 S and W Martin Luther King Jr Blvd ; via I-10 exit 10 Hooper south right on martin Luther king
Source Property Type: Residential
Exclusions: personal property
Inclusions: solar pannels
Area: C42 - Downtown L.A.
Property Subtype: townhouse
Source Neighborhood: C42 - Downtown L.A.
Parcel Number: 5114033005
Postal Code Plus 4: 2110
Zoning: LAR2
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$219,142 + $398,361
$617,503
$15,750
2021$214,846 + $390,550
$605,396
$15,652
2020$212,644 + $386,546
$599,190
$15,807
2019$247,200 + $370,800
$618,000
$7,628
2018$200,000 + $300,000
$500,000
$6,252
2017$184,000 + $276,000
$460,000
$5,756
2016$172,000 + $258,000
$430,000
$5,363
2015$252,424 + $378,641
$631,065
$7,760
2014$247,480 + $371,224
$618,704
$7,788
2013$246,362 + $369,547
$615,909
$7,789
2012$241,532 + $362,301
$603,833
$7,893
2010$236,797 + $355,198
$591,995
$7,723
2009$235,587 + $353,382
$588,969
$7,444
2009$235,028 + $352,544
$587,572
$7,444
2008$230,968 + $346,453
$577,421
$7,126
2007$226,440 + $339,660
$566,100
$6,891

Listed 2024-05-21
$850,000
CRMLS
Listed 2024-05-21
$850,000
CRMLS
Listing removed 2024-01-26
$0
CRMLS
Price Changed 2023-09-26
$829,999
CRMLS
Listed 2023-07-31
$849,999
CRMLS
Listing removed 2023-06-30
$0
CRMLS
Price Changed 2023-06-20
$850,000
CRMLS
Listed 2023-04-11
$775,000
CRMLS
Listing removed 2015-12-18
$465,000
TheMLSCLAW
Relisted 2015-12-07
$465,000
TheMLSCLAW
Listing removed 2015-11-28
$465,000
TheMLSCLAW
Relisted 2015-11-19
$465,000
TheMLSCLAW
Listing removed 2015-11-11
$465,000
TheMLSCLAW
Listed 2015-10-17
$465,000
TheMLSCLAW
Listing removed 2015-10-07
$460,000
CRMLS
Price Changed 2015-08-14
$460,000
CRMLS
Listed 2015-08-04
$499,000
CRMLS
Sold 2006-03-31
$555,000
Public Record
Sold 2006-03-30
$555,000
Public Record
Sold 2005-04-04
$400,000
Public Record
Sold 1995-09-29
$169,000
Public Record
Sold 1995-01-20
$94,000
Public Record

Total Square Feet Living: 2031
Year Built: 1947
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: street
Living Area Source: Assessor
Property Age: 77
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Seller

Sewer: Public Sewer
Water Source: Public

Green Energy Generation: Solar
Click Thumbnail Images To View Full Size
property photoproperty photoproperty photoproperty photoproperty photo
property photoproperty photoproperty photoproperty photoproperty photo
property photoproperty photoproperty photoproperty photoproperty photo
property photo

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.