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2834 W Martin Luther King Jr Blvd, Los Angeles, CA 90008
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2834 W Martin Luther King Jr Blvd Los Angeles, CA 90008

$925,000 Sold Price as of 04/28/2021
  • 5 Beds
  • 3 Baths
  • 3,464 Sq.Ft.
Sold
$925,000 Sold Price as of 04/28/2021 Refinance Your Mortgage
Map preview of 2834 W Martin Luther King Jr Blvd, Los Angeles, CA 90008

Property Overview: 2834 W Martin Luther King Jr Blvd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 3,464 living square feet and 6,337 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: UPSIDE POTENTIAL. 3 UNITS, ALL TENANT OCCUPIED. 2- 1 BEDROOM 1 BATH UNITS DOWNSTAIRS WITH SOME UPGRADES COMPLETED. 1- 3 BEDROOM 1 BATH UNIT UPSTAIRS. EXTERIOR RECENTLY PAINTED. 3- 1 CAR GARAGES AT REAR OF PROPERTY WITH ALLEY ACCESS. DRIVE BY ONLY. SUBJECT TO INTERIOR INSPECTION. DO NOT DISTURB TENANTS. CLOSE TO PUBLIC TRANSPORTATION, SHOPS, STORES, SCHOOLS AND HOUSES OF WORSHIP. COVID19 RULES AND PRECAUTIONS APPLY.

Listed by Kathleen Becker | BRE #01210203 | Berkshire Hathaway HomeServices California
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
6,337
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21675264
City
Los Angeles
County
Los Angeles
Time on Site
1259 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.83
  • Gross Scheduled Income: --
  • Net Operating Income: $35,819
  • Gross Operating Income: $48,600
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $5,690
  • Insurance: $1,500
  • Water/Sewer: $2,100

Property Details for 2834 W Martin Luther King Jr Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Garage - Three Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 3
  • Parcel Number: 5023003011
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid, Other
Location / Neighborhood
Location Information
  • Directions: ON THE CORNER OF MARTIN LUTHER KING JR. BLVD. AT CREED AVE. BETWEEN ARLINGTON AND CRENSHAW ON THE SOUTH SIDE OF THE STREET.
View more facts & features

Local Los Angeles Agent

Sale History for 2834 W Martin Luther King Jr Blvd

Last sold for $925,000 on April 28th, 2021

  • April, 2021

  • Apr 29, 2021

    Date

    Sold

    CRMLS: 21675264

    $925,000

    Price

  • Mar 22, 2021

    Date

    Active Under Contract

    CRMLS: 21675264

    $999,000

    Price

  • Mar 3, 2021

    Date

    Price Change

    CRMLS: 21675264

    $999,000

    Price

  • Jan 4, 2021

    Date

    Active

    CRMLS: 21675264

    $1,050,000

    Price

  • February, 2009

  • Feb 11, 2009

    Date

    Sold (Public Records)

    Public Records

    $368,500

    Price

  • May, 2008

  • May 5, 2008

    Date

    Sold (Public Records)

    Public Records

    $451,000

    Price

Show More

Tax History for 2834 W Martin Luther King Jr Blvd

Assessed Value (2020): $433,899
Year Land Value Improved Value Assessed Value
2020 $303,789 $130,110 $433,899

Home Value Compared to the Market

This property vs the competition

2834 W Martin Luther King Jr Blvd sold on April 28, 2021 for 21.59% 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 $288.39 per/sqft which puts the price per square foot 63.54% lower than the current median sale per square foot for the city of Los Angeles.

About 2834 W Martin Luther King Jr Blvd

Detailed summary of property

2834 W Martin Luther King Jr Blvd is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 3,464 living square feet, and sits on an approximately 6,337 square foot lot. 2834 W Martin Luther King Jr Blvd was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $925,000. 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 21.59% lower than the current median priced home. Local homes that are currently for sale include 5472 6th Ave, 1719 W 35th St and 2813 12th Ave. While the average home in Los Angeles, CA is selling in 100 days, 2834 W Martin Luther King Jr Blvd has a days on market of 77 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 2834 W Martin Luther King Jr Blvd Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2834 W Martin Luther King Jr Blvd

Public county record property details
Beds
4
Baths
3
Year built
1949
Sq. Ft.
3,464
Lot Size
6,336
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
593,594
APN
5023-003-011

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,145,000
Median Sold Price/Sq.Ft.
$591
Total Inventory
58
Median Sale to List Price %
99.57%
Avg Days on Market
29
Loan Type
Conventional (29.41%), FHA (0%), VA (5.88%), Cash (11.76%), Other (11.76%)

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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