NOT LISTED FOR SALE

210 W Martin Luther King Junior Blvd Los Angeles, CA 90037

Historic South Central Neighborhood

Estimated Value: $969,000 - $1,623,000

4 Beds
4 Baths
3,808 Sq Ft
$327/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $952,000 $250 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,966/month

96 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Laundry Room
  • Neighborhood Views
  • Cooling Available
  • Family Room

About This Home

As of February 2021

Great income-producing investment! All units are all tenant-occupied right now. There are 2 units who are renegotiating the rent with the owner right now or they will be evicted.  Due to COVID-19, the eviction process will be delayed until the end of the year.  In normal circumstances, this property can generate over $4800 a month in income. 

Located in the heart of Los Angeles, the property is a multi-family home with 4 units permitted but 5 units in total. This 3,808 square foot property sits on a 8,999 square foot lot and features 4 bedrooms and 4 bathrooms. There is a large parking space at the back of the house and it can comfortably fit at least 8 cars.  Conveniently located 1 mile from the LA memorial coliseum, 2 miles from USC University, LA Convention Center and Trader Joe's, and close to the 110 & 10 freeways.  Accelerated Charter Elementary School (TAS) is walking distance from the property. Also, the surrounding area is starting to see a lot of improvements around the west side of the neighborhood. There is great potential! Don't Miss Out!

Last Agent to Sell the Property

Heidi Mao

Pinnacle Real Estate Group License #01007529 Listed on: 10/02/2020

Pinnacle Real Estate Group

Last Buyer's Agent

Heidi Mao

Pinnacle Real Estate Group License #01007529 Listed on: 10/02/2020

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,217

Year Built

  • Built in 1914

Lot Details

  • 8,999 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,808 Sq Ft Home
  • Fireplace
  • Family Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 15 / A
  • Tax Tract Number 6659
  • Assessor Parcel Number 5111025004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,217

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 5111025004
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3808.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 250.00
  • Room Type: Family Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8999.00
  • Lot Size Acres: 0.2066

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8999.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2318.00
  • Tax Lot: 15
  • Tax Tract Number: 6659

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
$1,246,981

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

Closed on
Jul 26, 2022
Sold by
210 Martin Luther King Llc
Bought by
210 Mlk Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 7, 2021
Sold by
Fick Glenn N
Bought by
210 Martin Luther King Llc
Seller's Agent
Heidi Mao
Pinnacle Real Estate Group
Buyer's Agent
Heidi Mao
Pinnacle Real Estate Group
List Price
$950,000
Sold Price
$952,000
Premium/Discount to List
$2,000
0.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$760,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 5, 2021
Sold by
Fick Carie
Bought by
Fick Glenn N
Seller's Agent
Heidi Mao
Pinnacle Real Estate Group
Buyer's Agent
Heidi Mao
Pinnacle Real Estate Group
List Price
$950,000
Sold Price
$952,000
Premium/Discount to List
$2,000
0.21%

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

Listed on
Oct 2, 2020
Closed on
Feb 4, 2021
Sold by
Guo Zhi Ming
Bought by
Fick Glenn N
Seller's Agent
Heidi Mao
Pinnacle Real Estate Group
Buyer's Agent
Heidi Mao
Pinnacle Real Estate Group
List Price
$950,000
Sold Price
$952,000
Premium/Discount to List
$2,000
0.21%

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
Source: Public Records

Range of Values:

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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

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
02/24/2021 02/24/21 Sold $952,000 +0.2% $250 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $950,000 -- $249 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20199274

California Regional Multiple Listing Service (CRMLS)

APN: 5111-025-004