1236 West Martin Luther King Jr Boulevard

Los Angeles, CA 90037

$1,899,000
Price
4
Beds
4
Baths
4,658 Sq. Ft.
$408 / Sq. Ft.
4,658
Sq. Ft.
$408
per Sq. Ft.

Description

Located in one of the most desirable areas of Los Angeles, this investment property is just 1 block from the iconic Los Angeles Memorial Coliseum and 2 blocks from the University of Southern California (USC). This property features 4 spacious units, each approximately 1,164 sqft. Every unit includes 1 bedroom, 1 bathroom, a living room, kitchen, dining area, and a private balcony. Each unit is equipped with its own in-unit washer and dryer, and the utilities (gas, electricity) are separately metered—tenants...Located in one of the most desirable areas of Los Angeles, this investment property is just 1 block from the iconic Los Angeles Memorial Coliseum and 2 blocks from the University of Southern California (USC). This property features 4 spacious units, each approximately 1,164 sqft. Every unit includes 1 bedroom, 1 bathroom, a living room, kitchen, dining area, and a private balcony. Each unit is equipped with its own in-unit washer and dryer, and the utilities (gas, electricity) are separately metered—tenants pay their own bills. The property also offers a 2-car garage with hookups for an additional washer and dryer, plus a driveway that accommodates up to 3 more cars, providing parking for a total of 5 vehicles. Don’t miss this amazing opportunity to own an investment property in a prime Los Angeles location!
  1. Listed by Micaela Solis • DRE #02057893 • Brokerage DRE #02211662 • Berkshire Hathaway Home Srvs • 626-409-3142

Property Details for 1236 West Martin Luther King Jr Boulevard

Parking Spaces Total
5
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4658
Assessor Parcel Number
5020-016-012
LISTING UPDATED: 12/17/2024 10:24 PM

Property Details for 1236 West Martin Luther King Jr Boulevard

StatusActive
MLS #DW24248029
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.15 AC / 6,401 SF
CountyLos Angeles County

Building Information for 1236 West Martin Luther King Jr Boulevard

Stories4Residences-Year Built1921Building Size-Lot Size0.15 AC / 6,401 SF

Property Information for 1236 West Martin Luther King Jr Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $54,480
  • Net Operating Income: $37,383
Expense Details
  • Operating Expense: $17,097
  • Fuel Expense: $4,320
  • Electric Expense: $6,200
  • Insurance Expense: $877
  • Trash Expense: $1,380
  • Water Sewer Expense: $4,320
  • Total Expenses: $17,097
Tax / Assessment Info
  • Tax Area: 212
  • Tax Annual Amount: $4,931
  • Tax Block: K
  • Tax Tract Number: 2
  • Tax Census Tract: 2316.02
  • CFD/Mello-Roos Fee: $690
  • Tax Lot: 11
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,190
  • Unit Type Total Rent: $1,190
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $1,700
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 1236 West Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1236 West Martin Luther King Jr Boulevard

Taxable ValueLand$234,115Additions$126,543Total$360,658
Tax Record2024$5,013 ($418 / month)
Home Facts
Total Finished SqFt4,658 SqFtAbove Grade Finished SqFt4,658 SqFtLot Size6,401 SqFtStyleQuadraplexYear Built1921ZoningLAR3CountyLOS ANGELESAPN5020-016-012

Schools near 1236 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
KIPP Vida Preparatory Academy
Charter - K to 4
Barack Obama Global Preparation Academy
Public - 6 to 11
Manual Arts Senior High School
Public - 9 to 12
USC Hybrid High College Prep
Charter - 9 to 12
Rating
School
Distance
KIPP Vida Preparatory Academy
CharterK to 4

Barack Obama Global Preparation Academy
Public6 to 11

Manual Arts Senior High School
Public9 to 12

USC Hybrid High College Prep
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1236 West Martin Luther King Jr Boulevard, Los Angeles, CA 90037

1236 West Martin Luther King Jr Boulevard is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on December 5, 2024 by Berkshire Hathaway Home Srvs, it's currently listed at $1,899,000. It has been on the market for a total of 5 days and was last sold on June 4, 2000. This listing's school district is Los Angeles Unified School District. Nearby schools include KIPP Vida Preparatory Academy, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 1236 West Martin Luther King Jr Boulevard is a 4-bed, 4-bath, 4,658 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Home Srvs, Micaela Solis, DRE #02057893

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.