1162 E Martin Luther King Jr Boulevard Los Angeles, CA ^$ 850,000

1162 E Martin Luther King Jr Boulevard

^$ 850,000

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1162 E Martin Luther King Jr Boulevard

Los Angeles, CA, 90011

^$ 850,000

Bedrooms5 Baths3.0 Sq 2,031

Monthly Estimate*

^$ 5,649

Listed by LA GOLD REALTY, INC.

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1162 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011 - Image 8

1162 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011 - Image 9

1162 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011 - Image 10

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Multi-Family Home for sale in Los Angeles, CA

for $850,000 with 5 bedrooms and 3 full baths. This 2,031 square foot home was built in 1947 on a lot size of 0.1379.

Welcome to 1162 & 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 bedrooms and two baths, while the back unit features three bedrooms and one bath. The spacious 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.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1379

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV24101464

Days on Market

Features

General

Sewer PublicSewer

Cooling WallWindowUnits

Possession SeeRemarks

Zoning LAR2

HOA 0.0

Garage Spaces 0.0

Pool Features None

Exclusions personal property

Year Built 1947

View None

Stories 1

Levels One

Property SubType Duplex

Community Features Sidewalks

County Los Angeles

New Construction N

Property Type Residential

HOA / Comm Assn N

Attached Garage N

Contingency finding replacement home

Garage Y/N N

Green Energy Generation Solar

Special Listing Conditions Standard

Status Active

Directions via I-110 S and W Martin Luther King Jr Blvd ; via I-10 exit 10 Hooper south right on martin Luther king

City Los Angeles

Entry Location street

View Y/N N

Senior Community Y/N N

High School District Los Angeles Unified

NumberOfUnitsTotal 2

MLS Area C42 - Downtown L.A.

Lot Size Units SquareFeet

Lot Size Square Feet 6005.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional FHA

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 4

Structure Type Duplex

Living Area Units SquareFeet

Standard Status Active

Occupancy Type Tenant

Year Built Source Owner

Tax Lot 5

Property Sub Type Additional Duplex

Exterior

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 0.0

Inclusions solar pannels

Lot Size Area 6005.0

Spa N

Lot Size Acres 0.1379

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N N

Fireplace Y/N N

Full Baths 3

Laundry Features ElectricDryerHookup GasDryerHookup

Total Bedrooms 5

Entry Level 1

Electric On Property Y/N N

Main Level Bedrooms 1

Main Level Bathrooms 1

Total Baths 3

Internal Only

Street Number 1 1162

* Excluded Features

List By

La Gold Realty, Inc.

Broker

(626) 333-9777

Phone

Affordability Calculator

$5,649

Per Month

Monthly Principal & Interest: $5,649
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,369

Percent of Sale Price 134%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4003522 Elementary School

4003523 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$850,000		Listed Price

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1162 E Martin Luther King Jr Boulevard, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $850,000 with 2,031 sqft and a lot size of 0.1379. 1162 E Martin Luther King Jr Boulevard has 5 bedrooms, 3.0 baths, and was built in 1947. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1162 E Martin Luther King Jr Boulevard

Multi-Family Home for sale in Los Angeles, CA

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