1234 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
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1234 W Martin Luther King Jr Blvd Los Angeles, CA 90037

$1,100,000 Sold Price as of 06/10/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,100,000 Sold Price as of 06/10/2022 Refinance Your Mortgage

Map preview of 1234 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

Property Overview: 1234 W Martin Luther King Jr Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,401 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LAND VALUE!!! BUILDERS and DEVELOPERS, this property is located in a HIGH-DENSITY ZONE (TOC-Transit Oriented Community could be a density Zone 2 or a Zone 3). See attachment in the links section. This property zoning is R-3 and lot size is 6,401 sq ft (.1469 acres). This means that BUYER COULD POSSIBLY BUILD -12 UNITS (depending upon unit size and parking setup). Property lot is flat and there are not a lot of trees to remove. Property will be delivered vacant at close of Escrow. Buyer to verify all claims in this property descriptions for themselves (description is based upon unverified investigations). Residential Buyers are also more than welcome to offer (all offers will be considered).

Listed by Mark Velasco | BRE #01789768 | West Shores Realty, Inc.
Last checked: 12 minutes ago | Last updated: June 10th, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,401
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
DW22047569
City
Los Angeles
County
Los Angeles
Time on Site
798 days

Property Details for 1234 W Martin Luther King Jr Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot, Tear Down
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Parcel Number: 5020016011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From fwy. Go west to 1234 MLK Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1234 W Martin Luther King Jr Blvd

Last sold for $1,100,000 on June 10th, 2022
  • April, 2022

  • Apr 10, 2022

    Date

    Active Under Contract

    CRMLS: DW22047569

    $1,000,000

    Price

  • April, 2022

  • Apr 10, 2022

    Date

    Active Under Contract

    CRMLS: DW22046696

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1234 W Martin Luther King Jr Blvd

Assessed Value (2020): $49,033
Year Land Value Improved Value Assessed Value
2020 $28,666 $20,367 $49,033

Home Value Compared to the Market

This property vs the competition

1234 W Martin Luther King Jr Blvd sold on June 10, 2022 for 15.97% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1234 W Martin Luther King Jr Blvd

Detailed summary of property

1234 W Martin Luther King Jr Blvd is a land that recently sold in Los Angeles, CA 90037. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,401 square foot lot. 1234 W Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on March 10, 2022. The homeowner sold the property for $1,100,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.97% lower than the current median priced home. Local homes that are currently for sale include 12016 S Figueroa St, 0 Fargo St and 213 S Soto St. While the average home in Los Angeles, CA is selling in 94 days, 1234 W Martin Luther King Jr Blvd has a days on market of 32 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1234 W Martin Luther King Jr Blvd Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1234 W Martin Luther King Jr Blvd

Public county record property details
Beds
3
Baths
2
Year built
1912
Sq. Ft.
2,549
Lot Size
6,400
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5020-016-011

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$517
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
32
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Related Resources to 1234 W Martin Luther King Jr Blvd

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.