$850,000 Price Analysis   ♡   Los Angeles, CA 90011 7 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 th 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 bedrooms and two baths, while the back unit features three bedrooms and one bath. The sizeable front unit accommodates multiple families or a large household comfortably. Additionally, solar panels are included an d fully paid for, enhancing the property's sustainability and reducing utility costs.
Presented by Mercedes Gomez at
LA GOLD REALTY, INC.
Property MLS #CV24102770 from CRMLS
Lot Size Acres: 0.1378558
Lot Size Source: Assessor
Lot Size Square Feet: 6005
Parking Total: 3
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
County: Los Angeles
Source Property Type: Residential Income
Exclusions: personal property
Inclusions: solar pannels
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 5114033005
Postal Code Plus 4: 2110
Zoning: LAR2
Source System Name: C2C
| Year | Assessments 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 |
$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
Year Built: 1947
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: street
Property Age: 77
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Seller
Water Source: Public
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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.