$1,020,000

1307 W Martin Luther King jr Blvd Los Angeles, CA 90037

Exposition Park Neighborhood

Estimated payment $5,883/month

Total Views 398
5 Beds
4 Baths
1 Sq Ft
$1,020,000 Price per Sq Ft

Highlights

  • Bonus Room
  • Living Room
  • Awning
  • Den
  • Laundry Room
  • Ceiling Fan

About This Home

Come take a look at this quadruplex fixer opportunity for a potential great investment! 3 units are 1 bedroom 1 Bath with a small den. The 4th Unit is a
2 bedroom 1 bath with a small bonus walk in room off the kitchen that can be used as a walk in pantry or an office, storage, kids small play room. The kitchen is spacious with lots of cabinet space. There is a kitchen open counter top that leads to the living room. Laundry room has so much potential, located at the back entry.

Listing Agent

Mary Paul

Century 21 Union Realty Brokerage Phone: 310-251-2211 License #01274665 Listed on: 09/26/2025

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1921

Lot Details

  • 7,875 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Awning
  • Window Screens
  • Living Room
  • Den
  • Bonus Room
  • Vinyl Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Parking Deck
  • No Driveway
  • Unpaved Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 41 / C
  • Tax Tract Number 2
  • Assessor Parcel Number 5037001022
  • $763 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Professional Management Expense $3,600
  • Water Sewer Expense $5,800
  • Operating Expense $11,800
  • Gross Income $63,552
  • Net Operating Income $51,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Unpaved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 5800.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5037001022
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: No
  • Door Features: Mirror Closet Door(s)
  • Entry Level: 1
  • Room Type: Bonus Room, Den, Laundry, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Deck, Unpaved, No Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7875.00
  • Lot Size Acres: 0.1808

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 63552.00
  • Gross Scheduled Income: 63552.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7875.0000 Square Feet
  • Net Operating Income: 51752.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11800.00
  • Rent Control: Yes
  • Total Actual Rent: 5296.00
  • Total Expenses: 11800.00

Tax Info

  • Tax Block: C
  • Tax Lot: 41
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 763.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,699 $419,499 $258,155 $161,344
2024 $5,699 $411,275 $253,094 $158,181
2023 $5,605 $403,212 $248,132 $155,080
2022 $5,372 $395,307 $243,267 $152,040
2021 $5,283 $387,557 $238,498 $149,059
2019 $5,140 $376,544 $231,425 $145,119
2018 $4,981 $369,171 $226,888 $142,283
2016 $4,730 $354,377 $218,079 $136,298
2015 $4,668 $349,055 $214,804 $134,251
2014 $4,711 $342,219 $210,597 $131,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2025 09/26/25 For Sale $1,020,000 -- $1,020,000 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $325,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $643,060 FHA
Closed $319,113 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25226812

California Regional Multiple Listing Service (CRMLS)

APN: 5037-001-022

California Los Angeles County Los Angeles 90037 Exposition Park

1307 W Martin Luther King jr Blvd, Los Angeles, CA

This home is located at 1307 W Martin Luther King jr Blvd, Los Angeles, CA 90037 and is currently priced at $1,020,000, approximately $1,020,000 per square foot. This property was built in 1921. 1307 W Martin Luther King jr Blvd is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Manual Arts Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Mary Paul
Section Image
Century 21 Union Realty
(310) 897-1113