$10,000 Closing Credit¹
#PW24078776, George Gallardo, Listing Office: Timothy Perez, Broker
#CV24102770·
Listing Office: NEIGHBORHOOD REAL ESTATE·
Listing Agent: Mercedes Gomez·
Listing Office Phone: 323-972-7374
$850,000 List price
1162 E Martin Luther King Jr Blvd Los Angeles, CA 90011
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1162 E Martin Luther King Jr Blvd
Welcome to 1162 & 1162 1/2 E. Martin Luther King Jr. Blvd, a unique two-unit property offering abundant potential and opportunities. This promising LAR2 zoning investment property is nestled in the vibrant city of Los Angeles, conveniently located near schools, parks, churches, and downtown Los Angeles. Its prime location enhances its appeal, making it an ideal investment opportunity. The front unit comprises four bedrooms and two baths, while the back unit features three bedrooms and one bath. The spacious front unit accommodates multiple families or a large household comfortably. Additionally, solar panels are included and fully paid for, enhancing the property's sustainability and reducing utility costs.
Highlights
Home typeDuplex
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1379 Acres
Year built1947
ParkingConcrete
MLS #CV24102770
Summary
- MLS Number: CV24102770
- MLS Name: CRMLS
- Office Name: NEIGHBORHOOD REAL ESTATE
- Office Phone: (323) 972-7374
- Listing Agent: Mercedes Gomez
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 1:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$850,000
1162 E Martin Luther King Jr Blvd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 31, 2006 | Home Sold | $555,000 |
| Mar 30, 2006 | Home Sold | $555,000 |
| Apr 04, 2005 | Home Sold | $400,000 |
| Sep 29, 1995 | Home Sold | $169,000 |
| Jan 20, 1995 | Home Sold | $94,000 |
| Jan 17, 1995 | Home Sold | $94,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $665,040 | $8,352 |
| 2023 | $629,852 | $7,844 |
| 2022 | $617,503 | $15,750 |
| 2021 | $605,396 | $15,652 |
History based on county public records data.
Nearby schools
4
Center for Advanced Learning
Public Charter KG-5
0.1 mi
•4016 S Central Ave
3
Wadsworth Elementary School
Public District KG-5
0.2 mi
•981 E 41st St
3
Quincy Jones Elementary
Public District KG-5
0.4 mi
•900 E 33rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,350. Typical income of Los Angeles, CA residents is less than $<35k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
36%
35k-100k
10%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
23%
Single, No Kids
28%
Single, with Kids
13%
Married, No Kids
36%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1162 E Martin Luther King Jr Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $850,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.