5 months on rocket

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

$988,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths
4,062 SqFt
$243/SqFt
Multi

Location

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854 W Martin Luther King Jr Blvd, Los Angeles$988,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1923
CoolingWall/Window Unit(s)
FireplaceNone
ViewCity Lights
MLS #WS24139489
Lot Size0.13 Acres
StatusActive

About 854 W Martin Luther King Jr Blvd

Perfect investment opportunity or live one and rent the others! Prime location right across USC and Coliseum! Within department of public safety(DPS) patrol and response area. Minutes away from Downtown LA. The building consist 4 units over 1000 sf each with 8 parking onsite, street parking available. All unit are using as 2 bedroom and 1 bathroom, cosmetic fixer. Schedule your appointment today at least 48 hours ahead! DO NOT disturb tenants, will not deliver vacant

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 2
  • Living Area: 4,062 SqFt

Listing Office:

  • Office Name: HARVEST REALTY DEVELOPMENT
  • Office Phone: (626) 215-4303
  • Listing Agent: XUWEI CHEN

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: martin luther

Price Information

Listing Price Info

Price Summary:

  • List Price: $988,000
  • Price Per SqFt: $243/SqFt

Tax Information:

  • Annual Amount: $4,285
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

854 W Martin Luther King Jr Blvd vs Los Angeles

166 DAYS ON ROCKET

+128 Days

$988,000

-$33.5K Less

$243/SqFt

-$397 Less

KEY TAKEAWAY

This property is $33.5K less than the Median Sold Price and $397/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: #WS24139489

Listing Office:

  • Office Name: HARVEST REALTY DEVELOPMENT
  • Office Phone: (626) 215-4303
  • Listing Agent: XUWEI CHEN

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: 12/22/2024, 3:20:58 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

Nov 04, 1992Home Sold
$136,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,285$288,270
2020$4,159$285,316
2019$3,778$279,722
2018$3,707$274,238
2017$3,707$268,862

History based on county public records data.

Payment Calculator

$4,999

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,029

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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-866543
5
/10
  • Menlo Avenue Elementary

  • 4156 Menlo Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-866544
6
/10
  • Global Education Academy

  • 4141 S Figueroa St

  • 0.39 miles

  • Public Charter Grades KG-6

school-card-donut-866545
5
/10
  • Dr. Theodore T. Alexander Jr. Science Center

  • 3737 S Figueroa St

  • 0.54 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,470. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles90037854 W Martin Luther King Jr Blvd

This home is located at 854 W Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,062 square foot home, which was built in 1923, sits on a 0.13 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $988,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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