Los Angeles, CA 90037 1236 W Martin Luther King Jr.
$1,699,000
49 more
Presented By: Micaela Solis with Berkshire Hathaway Home Srvs; 626-409-3142
Beds • 3
Baths • 1
SQFT • 4,658
Garage • 2
Year Built • 1921
Home Details
Located in one of the most desirable areas of Los Angeles, this investment property is just 1 block away from the iconic Los Angeles Memorial Coliseum and 2 blocks from the University of Southern California (USC). This property features 4 spacious units, each approximately 1,164 SQFT. Every unit includes 1 bedroom, 1 bathroom, a living room, kitchen, dining area and a private balcony. Each unit is equipped with its own in-unit washer and dryer, and the utilities (gas, electricity) are separately metered, tenants pay their own bills. The property also offers a 2-car garage with hookups for an additional washer and dryer, plus a driveway that can accommodate up to 3 more cars, providing parking for a total of 5 vehicles. Don't miss this amazing opportunity to own an investment property in a prime Los Angeles location.
Presented By: Micaela Solis with Berkshire Hathaway Home Srvs; 626-409-3142
Interior Features for 1236 W Martin Luther King Jr.
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 1236 W Martin Luther King Jr.
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
ContingencyThe sale of this property is contingent upon the seller purchasing another home and both escrows must close concurrently. The seller intends to sell their property and complete a 1031 Exchange. The
CoolingNone
CountyLos Angeles
DirectionsCross Streets: Vermont / Martin Luther King Jr.
Electric Expense6200.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense4320.0
Garage Spaces2.0
Garage Y/NYes
Gross Income37383.0
HOANo
Home Warranty Y/NNo
Insurance Expense877.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsConventional, Exchange1031
Lot Size Square Feet6401.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income37383.0
New ConstructionNo
Number Of Units Total4
Open Parking Spaces3.0
Operating Expense17097.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot11
Trash Expense1380.0
Water Sewer Expense4320.0
Year Built1921
Year Built SourceAssessor
ZoningLAR3
Exterior for 1236 W Martin Luther King Jr.
Building Area Total4658.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1469
Lot Size Area6401.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Justin Hughey
Price
$1,699,000
MLS#DW25127665
List Date
06/06/2025
Property Type
Multi-Family
Phone
(562) 818-1655
