1336 W Martin Luther King jr Blvd Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $6,757/month
Total Views
188
4
Beds
--
Bath
4,120
Sq Ft
$255
Price per Sq Ft
About This Home
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!
Listing Agent
Century 21 Allstars Brokerage Phone: 949-903-6633 License #01938421 Listed on: 06/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,555
Year Built
- Built in 1923
Lot Details
- 6,402 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 8 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 4 Bedrooms
- 4,120 Sq Ft Home
- 2-Story Property
- Laundry Room
Additional Features
- Suburban Location
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 23 / K
- Tax Tract Number 2
- Assessor Parcel Number 5020001008
- $701 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
- Gross Income $49,652
- Net Operating Income $49,652
Map
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Home Values in the Area
Average Home Value in this Area
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 | $12,555 | $1,008,147 | $848,966 | $159,181 |
| 2024 | $12,555 | $988,380 | $832,320 | $156,060 |
| 2023 | $12,324 | $969,000 | $816,000 | $153,000 |
| 2022 | $11,770 | $950,000 | $800,000 | $150,000 |
| 2021 | $4,167 | $298,119 | $178,873 | $119,246 |
| 2019 | $4,056 | $289,278 | $173,568 | $115,710 |
| 2018 | $3,921 | $283,607 | $170,165 | $113,442 |
| 2016 | $3,717 | $272,596 | $163,558 | $109,038 |
| 2015 | $3,668 | $268,503 | $161,102 | $107,401 |
| 2014 | $3,708 | $263,245 | $157,947 | $105,298 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 06/28/2025 06/28/25 | For Sale | $1,050,000 | +10.5% | $255 / Sq Ft |
| 12/29/2021 12/29/21 | Sold | $950,000 | -2.6% | $231 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | Price Changed | $975,000 | -11.4% | $237 / Sq Ft |
| 08/16/2021 08/16/21 | Price Changed | $1,100,000 | -12.0% | $267 / Sq Ft |
| 07/10/2021 07/10/21 | For Sale | $1,250,000 | -- | $303 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $950,000 | Priority Title | |
| Grant Deed | $250,000 | First American Title Ins Co | |
| Trustee Deed | $437,750 | None Available | |
| Trustee Deed | $437,750 | None Available | |
| Grant Deed | $515,000 | Ticor Title Insurance | |
| Grant Deed | $295,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $665,000 | New Conventional | |
| Previous Owner | $620,500 | Unknown | |
| Previous Owner | $412,000 | Purchase Money Mortgage | |
| Previous Owner | $326,400 | Unknown | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $250,750 | No Value Available | |
| Closed | $44,250 | No Value Available | |
| Closed | $103,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25145544
APN: 5020-001-008
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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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