854 West Martin Luther King Jr Boulevard

Los Angeles, CA 90037

$988,000
Price
8
Beds
4,062 Sq. Ft.
$243 / Sq. Ft.
4,062
Sq. Ft.
$243
per Sq. Ft.

Description

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 vacantPerfect 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
  1. Listed by XUWEI CHEN • DRE #01990750 • Brokerage DRE #01964500 • HARVEST REALTY DEVELOPMENT • 626-215-4303

Property Details for 854 West Martin Luther King Jr Boulevard

View
City Lights
Parking Spaces Total
0
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4062
LISTING UPDATED: 11/15/2024 05:26 AM

Property Details for 854 West Martin Luther King Jr Boulevard

StatusActive
MLS #WS24139451
Days on Market166
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1923
Lot Size0.13 AC / 5,514 SF
CountyLos Angeles County

Building Information for 854 West Martin Luther King Jr Boulevard

Stories2Residences-Year Built1923Building Size-Lot Size0.13 AC / 5,514 SF

Property Information for 854 West Martin Luther King Jr Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $45,480
  • Gross Scheduled Income: $45,480
  • Net Operating Income: $40,480
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,000
  • Trash Expense: $0
  • Water Sewer Expense: $4,000
  • Total Expenses: $5,000
Tax / Assessment Info
  • Tax Tract Number: 231...
  • Tax Census Tract: 2317.10
  • CFD/Mello-Roos Fee: $981
  • Tax Lot: 146
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Room Type: Living Room
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 8
  • Laundry: Yes
  • Laundry Features: Inside
  • Laundry Location: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: front
  • Structure Type: Quadruplex
  • Miscellaneous: Urban
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,054
  • Unit Type Total Rent: $1,054
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $732
  • Unit Type Total Rent: $732
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,054
  • Unit Type Total Rent: $1,054
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • 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 854 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 854 West Martin Luther King Jr Boulevard

Taxable ValueLand$459,000Additions$300,900Total$759,900
Tax Record2024$10,109 ($842 / month)
Home Facts
Total Finished SqFt4,062 SqFtAbove Grade Finished SqFt4,062 SqFtLot Size5,512 SqFtStyleQuadraplexYear Built1923ZoningLAR3CountyLOS ANGELESAPN5019-001-028

Schools near 854 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 7
Public - 6 to 11
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Menlo Avenue Elementary School
PublicK to 7

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.

Similar Homes

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854 West Martin Luther King Jr Boulevard is a townhouse for sale in Los Angeles, CA 90037. This property was listed for sale on July 8, 2024 by HARVEST REALTY DEVELOPMENT, it's currently listed at $988,000. It has been on the market for a total of 166 days and was last sold on February 21, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Menlo Avenue Elementary School, Barack Obama Global Preparation Academy and Manual Arts Senior High School. 854 West Martin Luther King Jr Boulevard is a 8-bed, 0-bath, 4,062 sqft townhouse built in 1923.

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 HARVEST REALTY DEVELOPMENT, XUWEI CHEN, DRE #01990750

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.