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1866 W Martin Luther King Jr Blvd, Los Angeles, CA 90062
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1866 W Martin Luther King Jr Blvd Los Angeles, CA 90062

$1,099,999
  • 6 Beds
  • 1 Baths
  • 2,176 Sq.Ft.
For Sale
$1,099,999 Get Pre-Qualified
Map preview of 1866 W Martin Luther King Jr Blvd, Los Angeles, CA 90062

Property Overview: 1866 W Martin Luther King Jr Blvd Los Angeles, CA has 6 bedrooms, 1 bathrooms, 2,176 living square feet and 6,221 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: Zoned LARD5*This property was previously used as a Board and Care with 6 bedrooms, (1) Full bath and (2) 3/4 baths. The property does need some work and can be converted to a family home with 5 bedrooms.

Listed by Alexander Bond | BRE #01398448 | Realty Executives Westside
Co-listed by Dorothy Cleveland | BRE #00951300 | Realty Executives Westside
Last checked: 7 minutes ago | Last updated: August 21st, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,221
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24427187
City
Los Angeles
County
Los Angeles
Time on Site
32 days

Open Houses for 1866 W Martin Luther King Jr Blvd

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Property Details for 1866 W Martin Luther King Jr Blvd

Interior Features
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 2
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Gated Community, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Window Bars, Smoke Detector(s), Fire Sprinkler System
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Features: Front Yard
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5022001016
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: From the 110 freeway, take exit 20 for Martin Luther King Junior Blvd toward exposition park. Go approximately 2 miles to Gramercy Place. Coming from the west, take Crenshaw Blvd to Martin Luther King Junior Blvd, go east for approximately 1.5 miles to Gramercy Place.
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Local Los Angeles Agent

Sale History for 1866 W Martin Luther King Jr Blvd

View property's historical transactions

  • August, 2024

  • Aug 13, 2024

    Date

    Active

    CRMLS: 24427187

    $1,099,999

    Price

  • February, 2024

  • Feb 5, 2024

    Date

    Expired

    CRMLS: 23242187

    $899,000

    Price

  • Feb 15, 2023

    Date

    Active

    CRMLS: 23242187

    $1,145,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Los Angeles just minutes from Leimert Park, West Adams, Arlington Heights & Jefferson Park! This corner lot property has a total of 6 bedrooms and 3 bathrooms (the property profile says 3 bedrooms & 3 bathrooms). Four of the bedrooms and 2 of the bathrooms are upstairs and the remaining 2 bedrooms and 1 bathroom are downstairs. Laminate & tile floors throughout. Plenty of parking, there are 6 separate parking spaces & a shed outside for storage. There are several entrances and wheelchair ramps. This property is zoned LARD 5 - Nursing Home and has been used as a boarding care facility & hostel in the past. For investors looking for short-term or long-term rentals or buyers looking for an opportunity to make this beautiful home their own. The opportunities are endless. The seller will be doing a 1031 Exchange.

  • January, 2023

  • Jan 21, 2023

    Date

    Expired

    CRMLS: 22181481

    $1,200,000

    Price

  • Jul 20, 2022

    Date

    Active

    CRMLS: 22181481

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2018

  • Sep 5, 2018

    Date

    Expired

    CRMLS: 18365382

    $5,000

    Price

  • Jul 17, 2018

    Date

    Active

    CRMLS: 18365382

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    This is a single-family residence, ideally located and situated on a corner lot, that can possibly be used as an assisted living facility, veterans housing, child care, homeless housing or a board & care facility. The property has 6 bedroom and 3 bathrooms, with 4 bedrooms 2 baths on the first floor and 2 bedrooms 1 bath on the second floor. The house has a capacity of 14 beds, 2 bedrooms are set up with 3 beds each and a dresser, the other 4 bedrooms are set up for 2 beds each with a dresser. There are additional storage spaces on the first and second floors, with an office located on the second floor. This property has four entrances/exits throughout, with access to an attached wheelchair ramp. There are parking spaces for three vehicles and tandem parking for two additional vehicles. This is a must see to understand the full potential of this property.

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Tax History for 1866 W Martin Luther King Jr Blvd

Assessed Value (2020): $163,849
Year Land Value Improved Value Assessed Value
2020 $109,237 $54,612 $163,849

Home Value Compared to the Market

This property vs the competition

1866 W Martin Luther King Jr Blvd is listed 8.33% 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 $766 and this home is listed at $505.51 per/sqft which puts the price per square foot 34.01% lower than the median price per square foot for the city of Los Angeles.

About 1866 W Martin Luther King Jr Blvd

Detailed summary of property

1866 W Martin Luther King Jr Blvd is a single family home located in Los Angeles, CA 90062 and is currently for sale. This house offers 6 bedrooms, 1 bathrooms, roughly 2,176 living square feet, and sits on an approximately 6,221 square foot lot. 1866 W Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on August 15, 2024. The homeowner is currently asking $1,099,999. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% lower than the median priced home. Local competing homes currently for sale include 3819 3rd Ave, 4215 Sutro Ave and 1822 W 48th St. While the average home in Los Angeles, CA is selling in 104 days, 1866 W Martin Luther King Jr Blvd has a days on market of 32 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 1866 W Martin Luther King Jr Blvd Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1866 W Martin Luther King Jr Blvd

Public county record property details
Beds
3
Baths
2
Year built
1918
Sq. Ft.
2,176
Lot Size
6,220
Stories
1
Type
Homes (Retired; Handicap, Rest; Convalescent; Nursing)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5022-001-016

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,000
Median List Price/Sq.Ft.
$543
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
43
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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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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