2 months on rocket

1306 W Martin Luther King Jr Blvd, Los Angeles, CA, 90037

$880,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Baths
3,844 SqFt
$229/SqFt
House
Schools Nearby

Location

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1306 W Martin Luther King Jr Blvd, Los Angeles$880,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1916
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24367434
Lot Size0.15 Acres
StatusActive

About 1306 W Martin Luther King Jr Blvd

Fantastic 4-plex with tremendous upside potential. The building features 4 one bedroom/one bathroom units and is centrally located to all the best Los Angeles has to offer. This property is close to downtown and USC. This is a great investment opportunity that is affordable and offers tremendous upside potential and growth.

Property Details

Property Features

Property Information:

  • Year Built: 1916
  • Stories: 2
  • Living Area: 3,844 SqFt

Listing Office:

  • Office Name: Nourmand & Associates-BH
  • Office Phone: (310) 274-4000
  • Listing Agent: Thomas Hilal

Interior Features

Interior Information:

  • Appliances: Refrigerator

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Manual Arts Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Barack Obama Global Preparation Academy, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Normandie 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: Normandie and MLK Jr Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $880,000
  • Price Per SqFt: $229/SqFt

Tax Information:

  • Annual Amount: $5,116
  • 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

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1306 W Martin Luther King Jr Blvd vs Los Angeles

66 DAYS ON ROCKET

+32 Days

$880,000

-$106.4K Less

$229/SqFt

-$403 Less

KEY TAKEAWAY

This property is $106.4K less than the Median Sold Price and $403/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: #24367434

Listing Office:

  • Office Name: Nourmand & Associates-BH
  • Office Phone: (310) 274-4000
  • Listing Agent: Thomas Hilal

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: 5/17/2024, 10:20:38 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

May 01, 1990Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,116$382,397
2020$4,975$378,477
2019$4,864$371,057
2018$4,769$363,783
2017$4,769$356,651

History based on county public records data.

Payment Calculator

$4,460

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,705

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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

school-card-donut-2614107
5
/10

  • Normandie Avenue Elementary School

  • 4505 S Raymond Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-2614108
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.76 miles

  • Public Magnet Grades KG-6

school-card-donut-2614109
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.48 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2614110
2
/10

  • Barack Obama Global Preparation Academy

  • 1700 W 46th St

  • 0.90 miles

  • Public District Grades 6-8

school-card-donut-2614111
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.40 miles

  • Public District Grades 6-8

High School

school-card-donut-2614112
3
/10

  • Manual Arts Senior High School

  • 4131 S Vermont Ave

  • 0.34 miles

  • Public Magnet Grades 9-12

school-card-donut-2614113
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.29 miles

  • Public Magnet Grades 9-12

school-card-donut-2614114
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.08 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,796. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1306 W Martin Luther King Jr Blvd

What is the listing price of this property?

The listing price of 1306 W Martin Luther King Jr Blvd property is $880,000.

What type of property is this?

The property 1306 W Martin Luther King Jr Blvd is a house located in Los Angeles, California, 90037.

Is this property for sale now?

Active Listing: 1306 W 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 1306 W Martin Luther King Jr Blvd are:
Normandie Avenue Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Barack Obama Global Preparation Academy: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
Manual Arts Senior High School: GreatSchools Rating 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,116 (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 1, 1990 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1306 W Martin Luther King Jr Blvd has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1306 W Martin Luther King Jr Blvd is 3,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1306 W Martin Luther King Jr Blvd is 1916.

Rocket Homes›California›Los Angeles County›Los Angeles›90037›1306 W Martin Luther King Jr Blvd

This home is located at 1306 W Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 3,844 square foot home, which was built in 1916, sits on a 0.15 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 12, 2024 and is currently priced at $880,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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