12 days on rocket

1849 W Martin Luther King Jr Blvd, Los Angeles, CA, 90062

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1849 W Martin Luther King Jr Blvd, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Garage4 spaces
Year Built1922
HeatingBaseboard
CoolingNone
MLS #IN24245110
Lot Size0.16 Acres
StatusActive

About 1849 W Martin Luther King Jr Blvd

Charming Fourplex Adjacent to Historic Leimert Park This two-story, four-unit apartment building offers excellent investment potential or a perfect opportunity for an owner-user. The property includes: Top Floor: Two spacious 2-bedroom, 1-bath units (one fully rehabbed). Ground Floor: Two cozy 1-bedroom, 1-bath units (one rehabbed). The building exudes character, with lush green landscaping featuring fruit trees in both the front and back yards. At the rear, there are four single-car garages, which can generate additional rental income or be converted into an Accessory Dwelling Unit (ADU). Each unit includes a service porch with washer/dryer hookups and separate gas and electric meters. Key Highlights: One unit is vacant and ready for immediate use. Renderings for a potential 836 sq. ft. ADU have been completed. Conveniently located just minutes from Baldwin Hills, Baldwin Hills Crenshaw Plaza, SoFi Stadium, The Forum, LAX, and major freeways (10 & 110). Important Details: The property is tenant-occupied and being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, or other information provided by the seller or public records. Buyers should independently verify all information through inspections and appropriate professionals. This rare opportunity in an unbeatable location won’t last!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2

Listing Office:

  • Office Name: Making A Difference
  • Office Phone: (310) 999-4389
  • Listing Agent: Yvonne Rose-Jackson

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces
  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Other

Directions Information:

  • Directions: Located on Martin Luther King Jr. Blvd., (east of Van Ness Ave, west of Western Ave)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000

Tax Information:

  • Annual Amount: $14,663
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1849 W Martin Luther King Jr Blvd vs Los Angeles

12 DAYS ON ROCKET

-26 Days

$1,500,000

+$478.4K More

KEY TAKEAWAY

This property is $478.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IN24245110

Listing Office:

  • Office Name: Making A Difference
  • Office Phone: (310) 999-4389
  • Listing Agent: Yvonne Rose-Jackson

IDX 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: 12/18/2024, 5:15:57 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

Oct 29, 2020Home Sold
$1,195,000
Mar 09, 2017Home Sold
$779,000
Feb 02, 2016Home Sold
$700,000
Apr 17, 2015Home Sold
$555,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,663$1,195,000
2020$10,132$826,680
2019$10,038$810,471
2018$9,054$794,580
2017$9,054$714,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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.

Nearby Schools

school-card-donut-4403786
4
/10

  • King Jr. Elementary School

  • 3989 S Hobart Blvd

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-4403787
2
/10

  • 42nd Street Elementary School

  • 4231 4th Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-4403788
6
/10

  • Tom Bradley Global Awareness Magnet

  • 3875 Dublin Ave

  • 0.62 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,568. The majority of Los Angeles, CA residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90062›1849 W Martin Luther King Jr Blvd

This home is located at 1849 W Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home, which was built in 1922, sits on a 0.16 acre lot. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $1,500,000.

Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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