15 days on rocket

914 E Martin Luther King Jr Blvd, Los Angeles, CA, 90011

$915,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
5 Baths
2,651 SqFt
$345/SqFt
House
Schools Nearby

Location

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914 E Martin Luther King Jr Blvd, Los Angeles$915,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built1948
MLS #24392759
Lot Size0.08 Acres
StatusActive

About 914 E Martin Luther King Jr Blvd

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.

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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

914 E Martin Luther King Jr Blvd vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$915,000

-$71.4K Less

$345/SqFt

-$287 Less

KEY TAKEAWAY

This property is $71.4K less than the Median Sold Price and $287/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

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: 6/1/2024, 9:20:39 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 08, 2013Home Sold
$322,500
Oct 17, 2006Home Sold
$580,000
Aug 09, 2004Home Sold
$349,500
Jun 07, 1996Home Sold
$129,500

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$4,634

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,810

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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-6289923
3
/10

  • Wadsworth Avenue Elementary School

  • 981 E 41st St

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-6289924
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 7.07 miles

  • Public Magnet Grades KG-6

school-card-donut-6289925
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 20.56 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6289926
4
/10

  • Studio

  • 2211 W Avenue 30

  • 6.62 miles

  • Public District Grades 6-8

High School

school-card-donut-6289927
3
/10

  • Thomas Jefferson Senior High School

  • 1319 E 41st St

  • 0.47 miles

  • Public District Grades 9-12

school-card-donut-6289928
7
/10

  • Early College Academy-La Trade Tech College

  • 400 W Washington Blvd

  • 1.64 miles

  • Public District Grades 9-12

school-card-donut-6289929
8
/10

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

  • 456 S Mathews St

  • 3.30 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 $36,289. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

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 3/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Thomas Jefferson Senior High School: GreatSchools Rating 3/10
Early College Academy-La Trade Tech College: GreatSchools Rating 7/10
Math, 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.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›914 E Martin Luther King Jr Blvd

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.

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 homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

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

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