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

$1,100,000 Sold Price as of 08/17/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,100,000 Sold Price as of 08/17/2022 Refinance Your Mortgage
Map preview of 210 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

Property Overview: 210 W Martin Luther King Jr Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 8,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 210 W Martin Luther King Jr Blvd, a prime development opportunity located less than a mile from both Banc of California Stadium and USC. Property currently being operated as a 4-unit building sitting on a 9,000sqft lot zoned C2 and TOC Tier 3. Survey, soil, and TOC verification have all been completed. Per city of Los Angeles Planning and Zoning 22 units can be built by right without utilizing low income/TOC bonus. All information above is deemed reliable but not guaranteed. Buyer to complete their own due diligence on development potential.

Listed by Stephen Takahashi | BRE #01944770 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 14 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 34

Home details

Lot Sq. Ft
8,999
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
SB22142292
City
Los Angeles
County
Los Angeles
Time on Site
820 days

Property Details for 210 W Martin Luther King Jr Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5111025004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between S Main and S Broadway
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 210 W Martin Luther King Jr Blvd

Last sold for $1,100,000 on August 17th, 2022

  • August, 2022

  • Aug 17, 2022

    Date

    Sold

    CRMLS: SB22142292

    $1,100,000

    Price

  • Jun 29, 2022

    Date

    Active

    CRMLS: SB22142292

    $1,295,000

    Price

  • August, 2022

  • Aug 17, 2022

    Date

    Sold

    CRMLS: SB22142285

    $1,100,000

    Price

  • Jun 29, 2022

    Date

    Active

    CRMLS: SB22142285

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2022

  • Jun 28, 2022

    Date

    Canceled

    CRMLS: SB22135806

    $1,395,000

    Price

  • Jun 22, 2022

    Date

    Active

    CRMLS: SB22135806

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    **PRIME DEVELOPMENT OPPORTUNITY** 41 UNITS can be built on this 9,000 SF lot located in a Tier 3, LAC2-1VL-CPIO (SELA) zone including 1 ADU per State/LAMC and TOC guidelines. 100% Affordable Developers can yield 43 units with no parking requirement utilizing a Tier 4 upgrade. Property is located 1/2 mile from the Banc of California stadium and less than a mile from the USC Campus. This area is primed for revitalization and those investors on the cutting edge of providing student housing to those students looking for more affordable options in a less desirable area than is currently available. Cash for Keys agreements have been previously negotiated, survey, soils and TOC verification have been completed. Best land price per unit in the area. Get this opportunity in front of your Buyers... this won't last. All information above is deemed reliable but not guaranteed. Buyer is to complete their own analysis to determine the potential of this development opportunity. Sale subject to cancellation of existing escrow.

  • February, 2021

  • Feb 24, 2021

    Date

    Sold

    CRMLS: TR20207708

    $952,000

    Price

  • Jan 6, 2021

    Date

    Pending

    CRMLS: TR20207708

    $950,000

    Price

  • Oct 3, 2020

    Date

    Active

    CRMLS: TR20207708

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Great income-producing investment! All units are all tenant-occupied right now. There are 2 units who are renegotiating the rent with the owner right now or they will be evicted.  Due to COVID-19, the eviction process will be delayed until the end of the year.  In normal circumstances, this property can generate over $4800 a month in income.  Located in the heart of Los Angeles, the property is a multi-family home with 4 units permitted but 5 units in total. This 3,808 square foot property sits on a 8,999 square foot lot and features 4 bedrooms and 4 bathrooms. There is a large parking space at the back of the house and it can comfortably fit at least 8 cars.  Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways.  Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!

  • February, 2021

  • Feb 24, 2021

    Date

    Sold

    CRMLS: TR20199274

    $952,000

    Price

  • Jan 6, 2021

    Date

    Pending

    CRMLS: TR20199274

    $950,000

    Price

  • Oct 3, 2020

    Date

    Active

    CRMLS: TR20199274

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    Great income-producing investment! All units are all tenant-occupied right now. There are 2 units who are renegotiating the rent with the owner right now or they will be evicted.  Due to COVID-19, the eviction process will be delayed until the end of the year.  In normal circumstances, this property can generate over $4800 a month in income.  Located in the heart of Los Angeles, the property is a multi-family home with 4 units permitted but 5 units in total. This 3,808 square foot property sits on a 8,999 square foot lot and features 4 bedrooms and 4 bathrooms. There is a large parking space at the back of the house and it can comfortably fit at least 8 cars.  Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways.  Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!

  • February, 2021

  • Feb 24, 2021

    Date

    Sold (Public Records)

    Public Records

    $952,000

    Price

  • April, 2020

  • Apr 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $466,000

    Price

Show More

Tax History for 210 W Martin Luther King Jr Blvd

Assessed Value (2020): $387,127
Year Land Value Improved Value Assessed Value
2020 $117,434 $269,693 $387,127

Home Value Compared to the Market

This property vs the competition

210 W Martin Luther King Jr Blvd sold on August 17, 2022 for 15.62% higher than the current median sold price for the city of Los Angeles which is $1,120,000.

About 210 W Martin Luther King Jr Blvd

Detailed summary of property

210 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 8,999 square foot lot. 210 W Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on June 30, 2022. The homeowner sold the property for $1,100,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.62% higher than the current median priced home. Local homes that are currently for sale include 1915 Nadeau St, 8810 S Central Ave and 230 N Park View St. While the average home in Los Angeles, CA is selling in 106 days, 210 W Martin Luther King Jr Blvd has a days on market of 34 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 210 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 210 W Martin Luther King Jr Blvd

Public county record property details
Beds
4
Baths
4
Year built
1914
Sq. Ft.
3,808
Lot Size
8,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14,15
APN
5111-025-004

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
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
35
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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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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