854 W Martin Luther King jr Blvd Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated payment $5,756/month
About This Lot
Lowest price just over $200/sf!! Interior is 4062sf. 2028 Olympic is across the street! Prime location right across USC and Coliseum! Perfect investment opportunity or live one and rent the others, or rebuild! Within department of public safety(DPS) patrol and response area. Minutes away from Downtown LA. The building consist 4 units over 1000 sf each with 8 parking onsite, street parking available. 4 units are using as 2 beds/1 bath, cosmetic fixer, easy to convert to 2 beds/2baths. Offer subject to inspection, will not deliver vacant. Check rent control details on LAHD website, many ways to evict or cash for keys
Listing Agent
Real Brokerage Technologies Brokerage Phone: 626-215-4303 License #01990750 Listed on: 06/12/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $10,109
Lot Details
- 5,514 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAR3
Additional Features
- City Lights Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 146
- Assessor Parcel Number 5019001028
- $981 per year additional tax assessments
Map
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 |
|---|---|---|---|---|
| 2024 | $10,109 | $759,900 | $459,000 | $300,900 |
| 2023 | $4,578 | $299,914 | $173,288 | $126,626 |
| 2022 | $4,373 | $294,035 | $169,891 | $124,144 |
| 2021 | $4,285 | $288,270 | $166,560 | $121,710 |
| 2019 | $4,159 | $279,722 | $161,621 | $118,101 |
| 2018 | $3,779 | $274,238 | $158,452 | $115,786 |
| 2016 | $3,580 | $263,591 | $152,300 | $111,291 |
| 2015 | $3,533 | $259,633 | $150,013 | $109,620 |
| 2014 | $3,572 | $254,548 | $147,075 | $107,473 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $888,000 | -0.2% | $219 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $890,000 | +19.5% | $219 / Sq Ft |
| 02/21/2023 02/21/23 | Sold | $745,000 | -16.2% | $183 / Sq Ft |
| 12/28/2022 12/28/22 | For Sale | $889,000 | +19.3% | $219 / Sq Ft |
| 11/22/2022 11/22/22 | Off Market | $745,000 | -- | -- |
| 10/03/2022 10/03/22 | Price Changed | $889,000 | -10.0% | $219 / Sq Ft |
| 08/30/2022 08/30/22 | Price Changed | $987,888 | -0.1% | $243 / Sq Ft |
| 07/30/2022 07/30/22 | Price Changed | $988,888 | -17.6% | $243 / Sq Ft |
| 07/22/2022 07/22/22 | For Sale | $1,199,888 | -- | $295 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,111,739 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25132506
APN: 5019-001-028
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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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