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.
Sold for $865,000
Listed by: NEIGHBORHOOD REAL ESTATE • Mercedes Gomez • Contact: 323-972-7374
Bought with: General Realty Group,Inc.
$865,000
1162 E Martin Luther King Jr Blvd, Los Angeles, CA 90011
7beds
3baths
2,031sqft
Duplex
Built in 1947
-- sqft lot
$844,400 Zestimate®
$426/sqft
$3,200 Estimated rent
Home value
$844,400
$760,000 - $937,000
$3,200/mo
Zestimate® history
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$5,519/mo
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Zillow last checked:
Listing updated:
Listed by:
Mercedes Gomez DRE #02127154 323-972-7374,
NEIGHBORHOOD REAL ESTATE
Bought with:
Carlos Alvarez, DRE #01855337
General Realty Group,Inc.
Source: CRMLS,MLS#: CV24102770
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,031
- Total interior livable area: 2,031 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: street
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,005 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5114033005
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy generation: Solar
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $426/sqft
- Tax assessed value: $882,300
- Date on market: 5/21/2024
- Cumulative days on market: 100 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
- Inclusions: solar pannels
- Exclusions: personal property
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2025 | Listing removed | $3,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/2/2025 | Listed for rent | $3,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/28/2025 | Sold | $865,000+1.8%$426/sqft |
Source:  CRMLS #CV24102770 Report a problem | ||
| 3/4/2025 | Pending sale | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 2/14/2025 | Listed for sale | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 2/12/2025 | Pending sale | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 1/30/2025 | Contingent | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 1/14/2025 | Pending sale | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 9/4/2024 | Contingent | $850,000$419/sqft |
Source: CRMLS #CV24102770 Report a problem | ||
| 5/21/2024 | Listed for sale | $850,000+53.2%$419/sqft |
Source: CRMLS #CV24101464 Report a problem | ||
| 3/31/2006 | Sold | $555,000+38.8%$273/sqft |
Source: Public Record Report a problem | ||
| 4/4/2005 | Sold | $400,000+136.7%$197/sqft |
Source: Public Record Report a problem | ||
| 9/29/1995 | Sold | $169,000+79.8%$83/sqft |
Source: Public Record Report a problem | ||
| 1/20/1995 | Sold | $94,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $882,300 +30.1% |
| 2025 | $8,478 +1.5% | $678,340 +2% |
| 2024 | $8,353 +6.5% | $665,040 +5.6% |
| 2023 | $7,845 -50.2% | $629,852 +2% |
| 2022 | $15,751 +0.6% | $617,503 +2% |
| 2021 | $15,652 -1% | $605,396 +1% |
| 2020 | $15,807 | $599,190 -3% |
| 2019 | $15,807 +152.8% | $618,000 +23.6% |
| 2018 | $6,252 | $500,000 +8.7% |
| 2017 | $6,252 +8.6% | $460,000 +7% |
| 2016 | $5,756 +7.3% | $430,000 -31.9% |
| 2015 | $5,363 -31.1% | $631,065 +2% |
| 2014 | $7,789 | $618,704 +4.5% |
| 2011 | -- | $591,995 +0.8% |
| 2010 | -- | $587,572 +3.8% |
| 2007 | -- | $566,100 +38.8% |
| 2006 | -- | $408,000 +68.7% |
| 2005 | -- | $241,891 +4% |
| 2004 | -- | $232,500 +19.9% |
| 2003 | -- | $193,843 +2% |
| 2002 | -- | $190,043 +4% |
| 2000 | -- | $182,665 |
Find assessor info on the county website
Neighborhood: Central City
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Nearby schools
GreatSchools rating
- 6/10Wadsworth Avenue Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10Dr. Julian Nava Learning Academies-School Of Business And TechnologyGrades: 6-8Distance: 0.5 mi
- 4/10Thomas Jefferson Senior High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$844,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$844,400
- California
- Los Angeles County
- Los Angeles
- 90011
- Central City
- 1162 E Martin Luther King Jr Blvd
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