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Sold for $1,010,000
  • $1,010,000

    1515 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

    5beds
    2,012sqft
    Residential, Single Family Residence
    Built in 2026
    5,140 Square Feet Lot
    $1,009,900 Zestimate®
    $502/sqft
    $4,853 Estimated rent

    Home value

    $1,009,900

    $919,000 - $1.11M

    $4,853/mo

    Zestimate® history
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    $4,853/mo

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    $6,570/mo

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    $6,570/mo

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    What's special

    Extensive parking
    TWO HOMES ON ONE LOTE** Delivered completely vacant and ready for immediate occupancy or income generation. BONUS SQ FOOTAGE. MUST SEE. This unique property is ideal for end users, multi-generational living, or savvy investors seeking strong rental potential and long-term upside.Each residence offers its own private living space, providing flexibility for a variety of living arrangements. Whether you choose to live in one unit and rent out the other, accommodate extended family, or lease both homes for maximum cash flow, the possibilities are endless.The property is well-suited for today's high-demand rental market, with separate living areas that enhance privacy and tenant appeal. Being delivered vacant gives the new owner the rare advantage of setting market rents from day one or customizing the spaces to their personal preferences.Situated on a single lot, this property combines convenience, functionality, and investment potential in one package. Perfect for those looking to build equity while generating income, or investors seeking a turnkey addition to their portfolio.Don't miss this exceptional opportunity to own a flexible, income-producing property with immediate upside. Extensive parking!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara Isabel DRE # 02057627 213-259-5283,

    Keller Williams Beverly Hills 310-432-6400

    Bought with:

    Antonio Garcia, DRE # 02133118

    PLF Real Estate Solutions

    Source: CLAW,MLS#: 26704437MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Great Room, Family Room
    Heating
    • Central, Wall
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Microwave, Range/Oven
    • Laundry: In Unit
    Features
    • Flooring: Laminate
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,012
    • Total interior livable area: 2,012 sqft

    Property

    Parking
    • Parking features: Driveway, Driveway - Brick
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,140 Square Feet
    • Dimensions: 40 x 128
    Details
    • Additional structures: Accessory Bldgs
    • Parcel number: 5117008017
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 2026

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $502/sqft
    • Tax assessed value: $188,631
    • Annual tax amount: $6,602
    • Date on market: 4/11/2026

    Price history

    DateEventPrice
    7/6/2026Sold$1,010,000-0.9%$502/sqft
    Source: CLAW #26704437 Report a problem
    5/20/2026Pending sale$1,018,800$506/sqft
    Source: CLAW #26704437 Report a problem
    2/19/2026Listed for sale$1,018,800+97.8%$506/sqft
    Source: CLAW #26653849 Report a problem
    6/6/2025Sold$515,000-6.2%$256/sqft
    Source: CRMLS #CV25105428 Report a problem
    5/29/2025Pending sale$549,000$273/sqft
    Source: CRMLS #CV25105428 Report a problem
    5/29/2025Price change$549,000+1.7%$273/sqft
    Source: CRMLS #CV25105428 Report a problem
    4/1/2025Listed for sale$540,000$268/sqft
    Source: CRMLS #CV24230323 Report a problem
    3/1/2025Listing removed$540,000$268/sqft
    Source: CRMLS #CV24230323 Report a problem
    2/23/2025Listed for sale$540,000-1.6%$268/sqft
    Source: CRMLS #CV24230323 Report a problem
    1/24/2025Listing removed$549,000$273/sqft
    Source: CRMLS #CV24230323 Report a problem
    11/14/2024Listed for sale$549,000+998%$273/sqft
    Source: CRMLS #CV24230323 Report a problem
    1/26/1994Sold$50,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,602 +160.3%$188,631 +2%
    2024$2,536 +1.8%$184,934 +2%
    2023$2,492 +4.6%$181,309 +2%
    2022$2,384 +1.4%$177,755 +2%
    2021$2,350 -0.8%$174,270 +1%
    2020$2,369 $172,484 +2%
    2019$2,369 +9%$169,103 +2%
    2018$2,173 $165,789 +2%
    2017$2,173 +2.2%$162,540 +2%
    2016$2,125 +2.8%$159,353 +1.5%
    2015$2,067 +0.6%$156,960 +2%
    2014$2,054 $153,886 +2.5%
    2012-- $150,189 +2%
    2011-- $147,245 +0.8%
    2010-- $146,145 -0.2%
    2009-- $146,493 +2%
    2008-- $143,621 +2%
    2007-- $140,806 +2%
    2006-- $138,046
    2005-- $138,046 +4%
    2004-- $132,688 +1.9%
    2003-- $130,257 +2%
    2002-- $127,704 +4%
    2000-- $122,747
    Find assessor info on the county website

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,009,900
    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
    $1,009,900