Discover the charm and character of this spacious four-bedroom, one-bathroom Craftsman home in the vibrant Central-Alameda neighborhood of Los Angeles. Located in a community steeped in history and culture, this property offers incredible potential for both homeowners and investors alike. Central-Alameda is home to the renowned 52nd Place Historic District, celebrated for its iconic American Craftsman-style homes and rich architectural heritage. Residents enjoy easy access to parks like the Central Recreation Center and Ross Snyder Recreation Center, providing abundant opportunities for leisure and community activities. With its close proximity to reputable schools and a neighborhood undergoing exciting development, this home combines timeless elegance with modern convenience. Don’t miss your chance to own a piece of Los Angeles history in a location that perfectly blends tradition and opportunity.
Property Details
Property Features
Property Information:
Year Built: 1907
Stories: 2
Living Area: 1,244 SqFt
Listing Office:
Office Name: REDFIN CORPORATION
Office Phone: (877) 973-3346
Listing Agent: Ruben Martinez
Interior Features
Interior Information:
Flooring Type: Vinyl, Wood
Interior: Unfurnished, All Bedrooms Up, All Bedrooms Down
This property is $474.4K less than the Median Sold Price and $200/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24230323
Listing Office:
Office Name: REDFIN CORPORATION
Office Phone: (877) 973-3346
Listing Agent: Ruben Martinez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 26, 1994
Jan 26, 1994Home Sold
$50,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,350
$174,270
2020
$2,285
$172,484
2019
$2,172
$169,103
2018
$2,125
$165,789
2017
$2,125
$162,540
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,808
Per Month
Principal & Interest
$2,741
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,712
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Nevin Avenue Elementary School
1569 E 32nd St
Distance between this listing and this school0.14 miles
Public District Grades KG-5
4
/10
Center for Advanced Learning
4016 S Central Ave
Distance between this listing and this school0.41 miles
Public Charter Grades KG-5
6
/10
Ascot Avenue Elementary School
1447 E 45th St
Distance between this listing and this school0.54 miles
Public District Grades KG-5
Nearby Schools
6
/10
Synergy Kinetic Academy
1420 E Adams Blvd
Distance between this listing and this school0.28 miles
Public Charter Grades 6-8
4
/10
Dr. Julian Nava Learning Academy - School of Business & Tech
1420 E Adams Blvd
Distance between this listing and this school0.28 miles
Public District Grades 6-8
5
/10
Animo Jefferson Charter Middle School
1655 E 27th St
Distance between this listing and this school0.29 miles
Public Charter Grades 6-8
Nearby Schools
2
/10
Thomas Jefferson High School
1319 E 41st St
Distance between this listing and this school0.17 miles
Public District Grades 9-12
5
/10
Nava College Preparatory Academy
1319 E 41st St
Distance between this listing and this school0.17 miles
Public District Grades 9-12
4
/10
Animo Ralph Bunche Charter High School
1655 E 27th St
Distance between this listing and this school0.29 miles
The neighbors living near this home have an average income of $41,768. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1515 E Martin Luther King Jr Blvd
What is the listing price of this property?
The listing price of 1515 E Martin Luther King Jr Blvd property is $549,000.
What type of property is this?
The property 1515 E Martin Luther King Jr Blvd is a house located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 1515 E Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,350 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 26, 1994 for $50,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1515 E Martin Luther King Jr Blvd has 4 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 1515 E Martin Luther King Jr Blvd is 1,244 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1515 E Martin Luther King Jr Blvd is 1907.
This home is located at 1515 E Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 1,244 square foot home, which was built in 1907, sits on a 0.12 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $549,000.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.