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1520 E Martin Luther King Jr Blvd, Los Angeles, CA 90011
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1520 E Martin Luther King Jr Blvd Los Angeles, CA 90011

$460,000 Sold Price as of 06/14/2019
  • 6 Beds
  • 2 Baths
  • 1,456 Sq.Ft.
Sold
$460,000 Sold Price as of 06/14/2019 Refinance Your Mortgage
Map preview of 1520 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

Property Overview: 1520 E Martin Luther King Jr Blvd Los Angeles, CA has 6 bedrooms, 2 bathrooms, 1,456 living square feet and 5,145 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Calling All Investors! - Well maintained duplex on Martin Luther King Blvd in a family-friendly, quiet, neighborhood. Great location for an Additional Unit in this transit oriented community. Take advantage of this opportunity to turn the detached garage into an additional unit and make additional rental income! Blocks away from Ross Snyder Recreation Center, with lighted Baseball, Basketball Tennis Courts, Pool, Soccer Field. Near Thomas Jefferson High School. One building with 2 units and a separate garage. Front unit is a 4 bedroom/1 bath, w/ spacious living room and kitchen, with 1 jack and jill bathroom connecting 2 bedrooms. Back unit has living room and kitchen, 2 bedroom/1 bath. Great light in both units. Separate 2 car garage and ample driveway, and parking space next to the garage. Drive by, but do not disturb current tenants. Please contact agents with questions & appointments. Sold AS-IS. Provide offer w/ pre-qual letter, proof of funds, FICO.

Listed by Sandra Park | BRE #01936001 | ECC Real Estate
Co-listed by Mika Matsui | BRE #01866851 | ECC Real Estate
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 186

Home details

Lot Sq. Ft
5,145
HOA Dues
$0/mo
Year built
1906
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
18386526
City
Los Angeles
County
Los Angeles
Time on Site
1269 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.9
  • Gross Scheduled Income: --
  • Net Operating Income: $21,300
  • Gross Operating Income: $28,800
  • Improvements Total: $121,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1520 E Martin Luther King Jr Blvd

Interior Features
Room Information
  • All Bedrooms Down
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5117012006
Location / Neighborhood
Location Information
  • Directions: From 110 South, make a left on Adams Blvd, make a right on S. Hooper Avenue, make a left 33rd Street, make a right on Morgan Avenue, Make a right on Martin Luther King (MLK Blvd), duplex is on the left. S. Hooper Avenue, make a left 33rd Street, make a right on Morgan Avenue, Make a right on Martin Luther King (MLK Blvd), duplex is on the left.
View more facts & features

Local Los Angeles Agent

Sale History for 1520 E Martin Luther King Jr Blvd

Last sold for $460,000 on June 14th, 2019

  • June, 2019

  • Jun 19, 2019

    Date

    Sold

    CRMLS: 18386526

    $460,000

    Price

  • Mar 22, 2019

    Date

    Active Under Contract

    CRMLS: 18386526

    $460,000

    Price

  • Jan 8, 2019

    Date

    Active

    CRMLS: 18386526

    $460,000

    Price

  • Dec 26, 2018

    Date

    Active Under Contract

    CRMLS: 18386526

    $460,000

    Price

  • Sep 16, 2018

    Date

    Active

    CRMLS: 18386526

    $460,000

    Price

  • June, 2019

  • Jun 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $460,000

    Price

  • August, 2016

  • Aug 15, 2016

    Date

    Sold (Public Records)

    Public Records

    $345,000

    Price

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Tax History for 1520 E Martin Luther King Jr Blvd

Assessed Value (2020): $469,200
Year Land Value Improved Value Assessed Value
2020 $367,200 $102,000 $469,200

Home Value Compared to the Market

This property vs the competition

1520 E Martin Luther King Jr Blvd sold on June 14, 2019 for 63.89% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $315.93 per/sqft which puts the price per square foot 60.06% lower than the current median sale per square foot for the city of Los Angeles.

About 1520 E Martin Luther King Jr Blvd

Detailed summary of property

1520 E Martin Luther King Jr Blvd is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 1,456 living square feet, and sits on an approximately 5,145 square foot lot. 1520 E Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $460,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 63.89% lower than the current median priced home. Local homes that are currently for sale include 905 W 60th St, 4158 N E St and 2103 Michigan Ave. While the average home in Los Angeles, CA is selling in 100 days, 1520 E Martin Luther King Jr Blvd has a days on market of 186 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1520 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 1520 E Martin Luther King Jr Blvd

Public county record property details
Beds
6
Baths
2
Year built
1906
Sq. Ft.
1,456
Lot Size
5,144
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5117-012-006

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

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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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