NOT LISTED FOR SALE

1046 W Martin Luther King jr Blvd Los Angeles, CA 90037

Vermont Square Neighborhood
20 Beds
8 Baths
9,978 Sq Ft
7,578 Sq Ft Lot

Last Sold June 27, 2014

Last sale price $1,137,500 $114 Per Sq Ft

17 Days on Market

About This Home

As of June 2014

NEAR USC, IDEAL RENTAL FOR STUDENT HOUSING, 16 SINGLES 1 BATH EACH ON ML KING BLVD AND 2-2 BDRMS 1 BATH EACH ON W. 40th PL, CURRENTLY THERE ARE 5 VACANT UNITS WHICH WILL INCREASE THE GROSS RENTAL INCOME, SEVERAL LONG TERM TENANTS, SUBMIT OFFER SUBJECT TO INTERIOR INSPECTION, ALL OFFER MUST BE ON C.A.R. INCOME PURCHASE FORM, PRE- APPROVAL LETTER, PROOF OF FUND, DO NOT DISTURB TENANTS, SEE PRIVATE REMARK FOR SHOWING INSTRUCTIONS

Last Agent to Sell the Property

Wiley Sturns

First Security Investment Co. License #00451370 Listed on: 04/01/2014

Co-Listed By

Evelyn Reeves

First Security Investment Co. License #00260622

Last Buyer's Agent

Evelyn Reeves

First Security Investment Co. License #00260622

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,578

Parking

  • On-Street Parking

Interior Spaces

  • 9,978 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 8 Bathrooms

Additional Features

  • 7,578 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 5020-029-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 9978
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 150.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Electric Expense: 2000.00
  • Heating: Wall
  • Water Expense: 3361.00

Fee Information

  • Gas Expense: 2000.00
  • Maintenance Expense: 23534.00
  • Management Expense: 20577.00
  • Trash Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 126975
  • Assessed Land Value: 108103
  • Assessor Parcel Number: 5020-029-021
  • Geocode Override: No
  • Lot Size Area: 7578

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117, 2118
  • Gross Rent Multiplier: 196.00
  • Number Of Units: 16
  • Rent Control: 100
  • Total Annual Expense: 61710
  • Type Of Units: MULTI UNITS
  • Vacancy Rate: 30

Tax Info

  • Tax Expense: 4341.00

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $1,137,500 -24.2% $114 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $1,499,995 -- $150 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    Wiley Sturns

    First Security Investment Co.

    Section Image
  • Evelyn Reeves

    Seller Co-Listing Agent in 2014

    Evelyn Reeves

    First Security Investment Co.

    (323) 428-4222

    2 Total Sales

    Evelyn Reeves
    Section Image
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Map

Source: The MLS

MLS Number: 14-748931

The MLS
California Los Angeles County Los Angeles 90037 Vermont Square

1046 W Martin Luther King jr Blvd, Los Angeles, CA

This home is located at 1046 W Martin Luther King jr Blvd, Los Angeles, CA 90037 since 01 April 2014. This property was built in 1922. 1046 W Martin Luther King jr Blvd is a home located in Los Angeles County with nearby schools including Menlo Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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