Fantastic 4-plex with tremendous upside potential. The building features 4 one bedroom/one bathroom units and is centrally located to all the best Los Angeles has to offer. This property is close to downtown and USC. This is a great investment opportunity that is affordable and offers tremendous upside potential and growth.
Sold for $850,000
Tax assessed value
$850,000
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
4beds
4baths
3,844sqft
Multi Family
Built in 1916
-- sqft lot
$1,216,900 Zestimate®
$221/sqft
$1,486 Estimated rent
Home value
$1,216,900
$998,000 - $1.50M
$1,486/mo
Zestimate® history
Owner options
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$1,486/mo
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$1,486/mo
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$5,360/mo
Est. payment
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$5,360/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Thomas Hilal DRE # 01354379 310-486-1065,
Nourmand & Associates-BH 310-274-4000
Bought with:
Thomas Hilal, DRE # 01354379
Nourmand & Associates-BH
Source: CLAW,MLS#: 24-367434
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range/Oven, Refrigerator
Interior area
- Total structure area: 3,844
- Total interior livable area: 3,844 sqft
Property
Parking
- Total spaces: 4
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,355 Square Feet
Details
- Additional structures: None
- Parcel number: 5020001002
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1916
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $397,844
- Annual tax amount: $10,818
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2024 | Sold | $850,000-3.4%$221/sqft |
Source:  CLAW #24-367434 Report a problem | ||
| 8/6/2024 | Pending sale | $880,000$229/sqft |
Source: CLAW #24-367434 Report a problem | ||
| 4/29/2024 | Listed for sale | $880,000$229/sqft |
Source: CLAW #24-367434 Report a problem | ||
| 3/21/2024 | Pending sale | $880,000$229/sqft |
Source: CLAW #24-367434 Report a problem | ||
| 3/11/2024 | Listed for sale | $880,000+21.4%$229/sqft |
Source: CLAW #24-367434 Report a problem | ||
| 3/29/2019 | Listing removed | $725,000$189/sqft |
Source: Keller Williams Realty #SB19032916 Report a problem | ||
| 2/14/2019 | Listed for sale | $725,000-6.5%$189/sqft |
Source: Keller Williams Realty #SB19032916 Report a problem | ||
| 4/13/2018 | Listing removed | $775,000$202/sqft |
Source: CENTURY 21 A Better Service Realty #DW17199566 Report a problem | ||
| 4/2/2018 | Price change | $775,000-3.1%$202/sqft |
Source: CENTURY 21 A Better Service Realty #DW17199566 Report a problem | ||
| 2/7/2018 | Listed for sale | $800,000$208/sqft |
Source: Century 21 A Better Service #DW17199566 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,818 +95.9% | $850,000 +109.5% |
| 2024 | $5,522 +1.7% | $405,800 +2% |
| 2023 | $5,429 +4.4% | $397,844 +2% |
| 2022 | $5,200 +1.6% | $390,044 +2% |
| 2021 | $5,116 -0.8% | $382,397 +1% |
| 2020 | $5,160 | $378,477 +2% |
| 2019 | $5,160 +6.1% | $371,057 +2% |
| 2018 | $4,864 | $363,783 +2% |
| 2017 | $4,864 +2% | $356,651 +2% |
| 2016 | $4,769 +3.1% | $349,659 +1.5% |
| 2015 | $4,623 +0.4% | $344,408 +2% |
| 2014 | $4,604 | $337,663 +2.5% |
| 2012 | -- | $329,548 +2% |
| 2011 | -- | $323,087 +0.8% |
| 2010 | -- | $320,673 -0.2% |
| 2009 | -- | $321,435 +2% |
| 2008 | -- | $315,134 +2% |
| 2007 | -- | $308,956 +2% |
| 2006 | -- | $302,899 |
| 2005 | -- | $302,899 +15.6% |
| 2004 | -- | $262,000 |
| 2003 | -- | $262,000 +19.1% |
| 2002 | -- | $220,000 +10% |
| 2000 | -- | $200,000 |
Find assessor info on the county website
Neighborhood: South Los Angeles
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Nearby schools
GreatSchools rating
- 3/10Normandie Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 0.9 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$1,216,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,216,900
- California
- Los Angeles County
- Los Angeles
- 90037
- South Los Angeles
- 1306 W Martin Luther King Jr Blvd
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