Seller's Agent in 2022
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
(310) 403-9145
2 in this area
95 Total Sales
210 W Martin Luther King jr Blvd Los Angeles, CA 90037
Historic South Central NeighborhoodEstimated Value: $969,000 - $1,623,000
4
Beds
4
Baths
3,808
Sq Ft
$327/Sq Ft
Est. Value
About This Home
As of August 2022We are pleased to present 210 W Martin Luther King Jr Blvd, a prime development opportunity located less than a mile from both Banc of California Stadium and USC. Property currently being operated as a 4-unit building sitting on a 9,000sqft lot zoned C2 and TOC Tier 3. Survey, soil, and TOC verification have all been completed. Per city of Los Angeles Planning and Zoning 22 units can be built by right without utilizing low income/TOC bonus. All information above is deemed reliable but not guaranteed. Buyer to complete their own due diligence on development potential.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01944770 Listed on: 06/29/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,217
Year Built
- Built in 1914
Lot Details
- 8,999 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 3,808 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 15 / A
- Tax Tract Number 2318
- Assessor Parcel Number 5111025004
- $16,188 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $3,600
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $16,188
- Operating Expense $25,931
- Gross Income $33,696
- Net Operating Income $5,989
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2023
Sold by
Nouri Armin
Bought by
210 Mlk Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,000
Outstanding Balance
$1,067,389
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$243,049
Purchase Details
Listed on
Jun 29, 2022
Closed on
Jul 26, 2022
Sold by
210 Martin Luther King Llc
Bought by
210 Mlk Llc
Seller's Agent
Stephen Takahashi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$640,000
Interest Rate
5.3%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 7, 2021
Sold by
Fick Glenn N
Bought by
210 Martin Luther King Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2021
Sold by
Fick Carie
Bought by
Fick Glenn N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 4, 2021
Sold by
Guo Zhi Ming
Bought by
Fick Glenn N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 20, 2020
Sold by
Navarro Jaime
Bought by
Western Progressive Llc
Purchase Details
Closed on
May 5, 2010
Sold by
Navarro Jaime
Bought by
Navarro Roberto
Purchase Details
Closed on
Aug 8, 2006
Sold by
Navarro Roberto
Bought by
Navarro Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.7%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 10, 2004
Sold by
Navarro Rosa
Bought by
Navarro Roberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 5, 2004
Sold by
Navarro Jaime
Bought by
Navarro Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2003
Sold by
Navarro Jaime and Navarro Roberto
Bought by
Navarro Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 7, 2003
Sold by
Navarro Roberto and Navarro Rosa
Bought by
Navarro Jaime
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 210 Mlk Llc | -- | Stewart Title | |
| Nouri Armin | -- | Stewart Title | |
| Nouri Armin | -- | Stewart Title | |
| 210 Mlk Llc | $1,100,000 | Fidelity National Title | |
| 210 Martin Luther King Llc | -- | Accommodation | |
| Fick Glenn N | -- | Fidelity National Title Co | |
| Guo Zhi Ming | -- | Fidelity National Title Co | |
| Fick Glenn N | $952,000 | Fidelity Natl Ttl Co Torranc | |
| Western Progressive Llc | $466,000 | Accommodation | |
| Navarro Roberto | -- | None Available | |
| Navarro Jaime | -- | Ticor Title Glendale | |
| Navarro Roberto | -- | Lawyers Title Company | |
| Navarro Jaime | -- | Lawyers Title Company | |
| Navarro Jaime | -- | -- | |
| Navarro Jaime | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nouri Armin | $1,087,000 | |
| Previous Owner | 210 Mlk Llc | $640,000 | |
| Previous Owner | Fick Glenn N | $760,000 | |
| Previous Owner | Navarro Jaime | $324,000 | |
| Previous Owner | Navarro Jaime | $275,000 | |
| Previous Owner | Navarro Jaime | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2022 08/17/22 | Sold | $1,100,000 | -15.1% | $289 / Sq Ft |
| 07/20/2022 07/20/22 | Pending | -- | -- | -- |
| 06/29/2022 06/29/22 | For Sale | $1,295,000 | -- | $340 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,217 | $1,144,440 | $728,280 | $416,160 |
| 2024 | $14,217 | $1,122,000 | $714,000 | $408,000 |
| 2023 | $13,950 | $1,100,000 | $700,000 | $400,000 |
| 2022 | $12,410 | $971,040 | $765,000 | $206,040 |
| 2021 | $9,612 | $727,459 | $454,662 | $272,797 |
| 2020 | $15,846 | $387,127 | $117,434 | $269,693 |
| 2019 | $15,657 | $379,537 | $115,132 | $264,405 |
| 2018 | $15,517 | $372,096 | $112,875 | $259,221 |
| 2016 | $5,097 | $357,649 | $108,493 | $249,156 |
| 2015 | $5,048 | $352,278 | $106,864 | $245,414 |
| 2014 | $5,096 | $345,378 | $104,771 | $240,607 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Takahashi
-
Johnnie Stiegler
Seller Co-Listing Agent in 2022
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
1 in this area
90 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22142285
APN: 5111-025-004
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.
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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