Large 4 unit property located in a high demand OPPORTUNITY ZONE. Spacious building with over 4,000 sqft of living space built in 1923. It features 4 large-1 bedroom units just about 1,030 sqft each with spacious living rooms, kitchen and laundry area inside each unit. Additionally, there is significant upside with the possibility of adding an Accessory Dwelling Unit (ADU) in the back yard with alley access.
All units are tenant occupied with a generous rental upside $49,668/annually (+/- 4.73% CAP Rate, +/-21.14 GRM).
Located near USC, iconic venues like the LA Memorial Coliseum, BMO Stadium, Natural History Museum, California African American Museum, Rose Garden, California Science Center, Shrine Auditorium & Expo Hall, Galen Center, and major Olympic event locations, this property is perfectly remodeled and positioned to capitalize on increased demand for housing during and beyond the Games. Don't miss out on this chance to secure a property in one of LA's hottest neighborhoods before the world arrives!
Sold for $1,010,000 on 09/23/25
Listing Provided by:
Danny Navarro DRE #01938421 949-903-6633,
Century 21 Allstars
Bought with: Melvianne Andersen
$1,010,000
1336 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
4beds
--baths
4,120sqft
Quadruplex
Built in 1923
-- sqft lot
$1,005,500 Zestimate®
$245/sqft
$3,874 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 24, 2025 at 02:13pm
Listing Provided by:
Danny Navarro DRE #01938421 949-903-6633,
Century 21 Allstars
Bought with:
Melvianne Andersen, DRE #01721467
Melvianne Andersen
Source: CRMLS,MLS#: DW25145544
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 4,120
- Total interior livable area: 4,120 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
- Garage spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Pool features: None
Lot
- Size: 6,402 sqft
- Features: Back Yard
Details
- Parcel number: 5020001008
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,Owner May Carry
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Estimated market value
$1,005,500