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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

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    $3,874/mo

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    $6,289/mo

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    $6,289/mo

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    What's special

    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!

    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#: DW25145544MLS LogoOriginating 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