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1162 E Martin Luther King Jr Blvd, Los Angeles, CA 90011
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1162 E Martin Luther King Jr Blvd Los Angeles, CA 90011

$850,000
  • 5 Beds
  • 3 Baths
  • 2,031 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified

Property Overview: 1162 E Martin Luther King Jr Blvd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,031 living square feet and 6,005 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Mercedes Gomez | BRE #02127154 | LA GOLD REALTY, INC.
Last checked: 8 minutes ago | Last updated: August 13th, 2024 | Source CRMLS | DOM: 125

Home details

Lot Sq. Ft
6,005
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Duplex
Status
Active
MLS#
CV24101464
City
Los Angeles
County
Los Angeles
Time on Site
130 days

Open Houses for 1162 E Martin Luther King Jr Blvd

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Property Details for 1162 E Martin Luther King Jr Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Bonus Room
Kitchen Information
  • Kitchen Island
Bathroom Information
  • # of Baths (Full): 3
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5114033005
  • Year Built Source: Seller
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: solar pannels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: via I-110 S and W Martin Luther King Jr Blvd ; via I-10 exit 10 Hooper south right on martin Luther king
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1162 E Martin Luther King Jr Blvd

View property's historical transactions

  • May, 2024

  • May 21, 2024

    Date

    Active

    CRMLS: CV24101464

    $850,000

    Price

Tax History for 1162 E Martin Luther King Jr Blvd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1162 E Martin Luther King Jr Blvd is listed 29.17% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $418.51 per/sqft which puts the price per square foot 45.72% lower than the median price per square foot for the city of Los Angeles.

About 1162 E Martin Luther King Jr Blvd

Detailed summary of property

1162 E Martin Luther King Jr Blvd is a duplex located in Los Angeles, CA 90011 and is currently for sale. This duplex offers 5 bedrooms, 3 bathrooms, roughly 2,031 living square feet, and sits on an approximately 6,005 square foot lot. 1162 E Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on May 21, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.17% lower than the median priced home. Local competing homes currently for sale include 2141 Echo Park Ave, 1047 W 48th St and 10418 S Van Ness Ave. While the average home in Los Angeles, CA is selling in 106 days, 1162 E Martin Luther King Jr Blvd has a days on market of 125 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1162 E Martin Luther King Jr Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1162 E Martin Luther King Jr Blvd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$625,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$590,000
Median Sold Price/Sq.Ft.
$438
Total Inventory
50
Median Sale to List Price %
102.61%
Avg Days on Market
46
Loan Type
Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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