$10,000

closing credit¹

1307 W Martin Luther King Jr Blvd Unit B Los Angeles, CA 90037

$1,399,000
4 beds
4 baths
4,352 sqft
0.2 acres
$321 / sqft
House

Property details

About 1307 W Martin Luther King Jr Blvd Unit B

Incredible investment opportunity! This 4 unit building features a unit mix consisting of three (3) 1-bedroom + 1-bathroom units, & one (1) 2-bedroom + 1-bathroom unit. Units have been updated and include hardwood floors, appliances and ten (10) on-site parking spaces. Located in the prime area for redevelopment. Zoning for the property is R3-1-CPIO and is part of the Tier 2 transit corridor which may allow for a 60% increase in the number of units over the 1 unit per 800 sq.ft. of land space with the potential to build up to 16 units. A great opportunity that is well situated and only blocks from the USC campus! ONE UNIT REMODELED AND DELIVERED VACANT!

Highlights

Home typeOther
StatusActive
Size4,352 sqft
Lot size0.1808 Acres
Year built1921
ParkingDriveway
MLS #25496853

Summary

  • MLS Number: 25496853
  • MLS Name: CRMLS
  • Office Name: Compass
  • Office Phone: (310) 499-2020
  • Listing Agent: Alison MacCracken

IDX 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: 2/15/2025, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$1,399,000

1307 W Martin Luther King Jr Blvd Unit B

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Menlo Avenue Elementary

Public District KG-5

0.5 mi

4156 Menlo Ave

3

Kipp Vida Preparatory Academy

Public Charter KG-4

0.5 mi

4410 S Budlong Ave

5

Normandie Avenue Elementary School

Public District PK-5

0.5 mi

4505 S Raymond Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,796. Most Los Angeles, CA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

52%
<35k
34%
35k-100k
11%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

37%
Single, No Kids
26%
Single, with Kids
11%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • White CastleWhite Castle

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1307 W Martin Luther King Jr Blvd Unit B

This home is located at 1307 W Martin Luther King Jr Blvd Unit B in Los Angeles, CA and zip code 90037 in the South LA neighborhood. This 4,352 square foot home, which was built in 1921, sits on a 0.18 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $1,399,000.

While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. While the average time on the market in January 2025 was 45 days, the median list price was $1,035,435.

From Rocket Homes Real Estate and based on county public records data.

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