Proudly presenting this terrific investment opportunity in a supreme location. Superbly located just across BMO Stadium, the home ground of the beloved LAFC soccer team, and just minutes walking distance to the University of Southern California (USC), as well as being just a block away from the LA Memorial Coliseum, California Science Center, Natural History Museum, and more. This fantastic apartment building features 4 spacious units, each just under approximately 1,000 SF that includes 2-bedrooms, 1-bathroom, a living room, kitchen. An abundance of space allows for plenty of parking, 2 spots for each unit totaling 8 parking spots in all. This gem offers the ideal, compelling blend of quality and location for investors looking for future potential. It cannot be understated how terrifically the property is situated thanks to its convenient access to the I-110 and I-10 freeways, as well as its close proximity from bustling Downtown and Koreatown. Come seize this wonderful opportunity in prime Los Angeles.
For sale
Price cut: $3K (6/24)
$885,000
850 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
8beds
4baths
3,896sqft
Multi Family
Built in 1921
-- sqft lot
$884,700 Zestimate®
$227/sqft
$-- HOA
What's special
- 316 days |
- 311 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
MiJeong Kim DRE # 01887660 213-503-8070,
Mi Jeong Kim 213-503-8070
Source: CLAW,MLS#: 25595637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range/Oven
Interior area
- Total structure area: 3,896
- Total interior livable area: 3,896 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 5,523 Square Feet
Details
- Additional structures: None
- Parcel number: 5019001027
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1921
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $576,865
- Annual tax amount: $8,042
- Date on market: 10/3/2025
Estimated market value
$884,700
$840,000 - $929,000
$2,183/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $885,000-0.3%$227/sqft |
Source:  CLAW #25595637 Report a problem | ||
| 3/26/2026 | Price change | $888,000-4.3%$228/sqft |
Source: CLAW #25595637 Report a problem | ||
| 2/10/2026 | Price change | $928,000-7%$238/sqft |
Source: CLAW #25595637 Report a problem | ||
| 12/30/2025 | Price change | $998,000-22.5%$256/sqft |
Source: CLAW #25595637 Report a problem | ||
| 10/3/2025 | Listed for sale | $1,288,000+168.3%$331/sqft |
Source: CLAW #25595637 Report a problem | ||
| 3/21/2014 | Sold | $480,000-2%$123/sqft |
Source: Public Record Report a problem | ||
| 1/29/2014 | Pending sale | $489,900$126/sqft |
Source: Strategic Realty, Inc. #SR13197838 Report a problem | ||
| 12/1/2013 | Price change | $489,900-2%$126/sqft |
Source: Strategic Realty, Inc. #SR13197838 Report a problem | ||
| 9/28/2013 | Listed for sale | $499,900+43.2%$128/sqft |
Source: Strategic Realty, Inc. #SR13197838 Report a problem | ||
| 11/21/2011 | Sold | $349,000-46.3%$90/sqft |
Source: Public Record Report a problem | ||
| 5/25/2005 | Sold | $650,000+91.2%$167/sqft |
Source: Public Record Report a problem | ||
| 7/29/2002 | Sold | $340,000-2.9%$87/sqft |
Source: Public Record Report a problem | ||
| 1/2/2002 | Sold | $350,000+83.7%$90/sqft |
Source: Public Record Report a problem | ||
| 5/17/2001 | Sold | $190,500+4.5%$49/sqft |
Source: Public Record Report a problem | ||
| 1/18/2001 | Sold | $182,301-29.9%$47/sqft |
Source: Public Record Report a problem | ||
| 1/14/1998 | Sold | $260,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,042 +1.8% | $588,401 +2% |
| 2024 | $7,899 +1.9% | $576,865 +2% |
| 2023 | $7,749 +4.8% | $565,555 +2% |
| 2022 | $7,394 +1.7% | $554,467 +2% |
| 2021 | $7,272 -0.8% | $543,596 +1% |
| 2020 | $7,330 | $538,023 +2% |
| 2019 | $7,330 +9.8% | $527,475 +2% |
| 2018 | $6,675 | $517,133 +2% |
| 2017 | $6,675 +2.1% | $506,995 +2% |
| 2016 | $6,539 +2.9% | $497,055 +1.5% |
| 2015 | $6,356 +31.8% | $489,590 +36.9% |
| 2014 | $4,822 | $357,595 +2.5% |
| 2012 | -- | $349,000 -50.7% |
| 2011 | -- | $707,197 +0.8% |
| 2010 | -- | $701,912 -0.2% |
| 2009 | -- | $703,580 +2% |
| 2008 | -- | $689,785 +2% |
| 2007 | -- | $676,260 +2% |
| 2006 | -- | $663,000 +84% |
| 2005 | -- | $360,338 +4% |
| 2004 | -- | $346,347 +1.9% |
| 2003 | -- | $340,000 +19% |
| 2002 | -- | $285,600 +5.7% |
| 2000 | -- | $270,112 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Los Angeles
Nearby schools
GreatSchools rating
- 7/10Menlo Avenue Elementary SchoolGrades: K-8Distance: 0.2 mi
- 3/10Manual Arts Senior High SchoolGrades: 9-12Distance: 0.2 mi
- 2/10Barack Obama Global Preparation AcademyGrades: 6-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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