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$880,000   Price Analysis
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1306 W Martin Luther King Jr Blvd
Los Angeles, CA 90037
4 bed 4 bath 3,844 SqFt ($228/SqFt)
6,354SqFt lot. Built 1916
Listed 2024-03-11, Taxes $5,200
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Fantastic 4-plex with tremendous upside potential.

The building features 4 one bedroom/one bathroom units and is centrally located to all the best Los Angeles has to offer.

This property is close to downtown and USC. This is a exceptional investment opportunity that is affordable and off ers tremendous upsde potential and growth.


Presented by Thomas Hilal at
Nourmand & Associates - Beverly Hills.


Property MLS #24-367434 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Cooling Features: Wall/Window
Heating Features: Wall

Lot Size Acres: 0.1458678
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6354

Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 4876

Source Listing Status: Active
County: Los Angeles
Directions: Normandie and MLK Jr Blvd
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Parcel Number: 5020-001-002
Postal Code Plus 4: 1724
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$138,677 + $251,367
$390,044
$5,200
2021$135,958 + $246,439
$382,397
$5,115
2020$134,564 + $243,913
$378,477
$5,159
2019$131,926 + $239,131
$371,057
$4,975
2018$129,340 + $234,443
$363,783
$4,864
2017$126,804 + $229,847
$356,651
$4,768
2016$124,318 + $225,341
$349,659
$4,623
2015$122,451 + $221,957
$344,408
$4,561
2014$120,053 + $217,610
$337,663
$4,603
2013$119,511 + $216,627
$336,138
$4,597
2012$117,168 + $212,380
$329,548
$4,657
2010$114,871 + $208,216
$323,087
$4,585
2009$114,284 + $207,151
$321,435
$4,419
2009$114,013 + $206,660
$320,673
$4,419
2008$112,044 + $203,090
$315,134
$4,246
2007$109,848 + $199,108
$308,956
$4,100

Listed 2024-03-11
$880,000
TheMLSCLAW
Listing removed 2019-03-29
$0
CRMLS
Listed 2019-02-13
$725,000
CRMLS
Listing removed 2018-04-14
$775,000
CRMLS
Price Changed 2018-04-02
$775,000
CRMLS
Relisted 2017-09-26
$800,000
CRMLS
Listing removed 2017-09-20
$800,000
CRMLS
Listed 2017-08-28
$800,000
CRMLS
Listing removed 2006-02-25
$695,000
ITECH
Listed 2005-08-25
$695,000
ITECH
Sold 1990-05-01
$225,000
Public Record
Sold 1984-10-05
$112,000
Public Record
Sold 1980-10-22
$70,000
Public Record

Total Square Feet Living: 3844
Year Built: 1916
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 108
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven, Refrigerator

Manual Arts Senior High School is a public high school located approximately 0.3 miles away.
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Normandie Avenue Elementary School is a public elementary school located approximately 0.5 miles away.
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Barack Obama Global Preparation Academy is a public middle school located approximately 0.9 miles away.
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St. Cecilia Elementary School is a private elementary and middle school located approximately 0.3 miles away.
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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.