We are pleased to present 914 E Martin Luther King Jr Blvd, a 5-unit multi-family building currently operating at a 10.31 GRM on current rents, with upside to operate at a 6.63 GRM on pro-forma rents. The property consists of 4 one-bedroom units (one of which is a brand new ADU!), and 1 two-bedroom unit. The main structure contains 4 of the units and the rear structure is a stand-alone new construction ADU, currently 100% occupied. 914 E Martin Luther King Jr Blvd is located 10 minutes from Downtown Los Angeles, providing tenants close proximity to numerous employment opportunities, and just 3 minutes away from the closest large-chain grocer (Superior Grocers). Priced at just $915,000, the building is priced appropriately to attract various local operators.
Property Details
Property Features
Property Information:
Year Built: 1948
Stories: 2
Living Area: 2,651 SqFt
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 6
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.08 Acres
School Info
Assigned Schools Information:
Thomas Jefferson Senior High School, Public District Grades 9-12
Early College Academy-La Trade Tech College, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Studio, Public District Grades 6-8
Wadsworth Avenue Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Google Maps: 914 E Martin Luther King Blvd. Los Angeles, CA 90011
Price Information
Listing Price Info
Price Summary:
List Price: $915,000
Price Per SqFt: $345/SqFt
Tax Information:
Annual Amount: $6,166
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $80.9K less than the Median Sold Price and $291/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: #24392759
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
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: 6/6/2024, 7:20:51 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
May 08, 2013
May 08, 2013Home Sold
$322,500
Oct 17, 2006
Oct 17, 2006Home Sold
$580,000
Aug 09, 2004
Aug 09, 2004Home Sold
$349,500
Jun 07, 1996
Jun 07, 1996Home Sold
$129,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$6,166
$494,672
2020
$5,985
$489,600
2019
$4,456
$480,000
2018
$4,361
$349,024
2017
$4,361
$342,181
History based on county public records data.
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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.
Elementary School
3
/10
Wadsworth Avenue Elementary School
981 E 41st St
Distance between this listing and this school0.10 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.07 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.56 miles
Public Magnet Grades KG-5
Middle School
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.62 miles
Public District Grades 6-8
High School
3
/10
Thomas Jefferson Senior High School
1319 E 41st St
Distance between this listing and this school0.47 miles
Public District Grades 9-12
7
/10
Early College Academy-La Trade Tech College
400 W Washington Blvd
Distance between this listing and this school1.64 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.30 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Wadsworth Avenue Elementary School
981 E 41st St
Distance between this listing and this school0.10 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.07 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.56 miles
Public Magnet Grades KG-5
Assigned Schools
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school6.62 miles
Public District Grades 6-8
Nearby Schools
2
/10
George Washington Carver Middle School
4410 Mckinley Ave
Distance between this listing and this school0.54 miles
Public District Grades 6-8
4
/10
Synergy Kinetic Academy
1420 E Adams Blvd
Distance between this listing and this school0.72 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Thomas Jefferson Senior High School
1319 E 41st St
Distance between this listing and this school0.47 miles
Public District Grades 9-12
7
/10
Early College Academy-La Trade Tech College
400 W Washington Blvd
Distance between this listing and this school1.64 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.30 miles
The neighbors living near this home have an average income of $36,289. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 914 E Martin Luther King Jr Blvd
What is the listing price of this property?
The listing price of 914 E Martin Luther King Jr Blvd property is $915,000.
What type of property is this?
The property 914 E Martin Luther King Jr Blvd is a house located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 914 E Martin Luther King Jr Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 914 E Martin Luther King Jr Blvd are: Wadsworth Avenue Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10Thomas Jefferson Senior High School: GreatSchools Rating 3/10Early College Academy-La Trade Tech College: GreatSchools Rating 7/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $6,166 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 8, 2013 for $322,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 914 E Martin Luther King Jr Blvd has 6 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 914 E Martin Luther King Jr Blvd is 2,651 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 914 E Martin Luther King Jr Blvd is 1948.
This home is located at 914 E Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 2,651 square foot home, which was built in 1948, sits on a 0.08 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $915,000.
While more than 766 listings in Los Angeles, CA in May 2024 were sold above asking price, there were more than 198 listings sold at asking price, and more than 625 were sold below. The inventory of homes for sale in Los Angeles, CA between April 2024 and May 2024 increased by 15.4%. While the average time on the market in May 2024 was 33 days, the median list price was $995,939.
From Rocket Homes Real Estate and based on county public records data.