Keller Williams Palos Verdes - John Morris
1/6
Listing Courtesy Of: Compass, 310-499-2020, Alison MacCracken
Local Realty Services Provided By: Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
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$1,250,000
1307 W Martin Luther King Jr Blvd, Los Angeles, CA 90037
4 Beds
4 Baths
4,352 sq ft
.18 ac
$1,250,000

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

Estimation provided by Keller Williams Realty Inc.
4 Beds
4 Baths
4,352 sq ft
.18 ac
Active
For Sale

Property Description

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!

Property Details

Compare This Home
Overview
Property Type
Residential Income
Property Size
4,352 sq ft
Year Built
1921
Days on Site
39 Days
Parking
Yes
John Morris Real Estate
Keller Williams Palos Verdes
01382377

Activity History

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Purchase Price: $1,250,000
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Price & Tax History

Date
Event
Price
03/06/2025
Price Decrease
$1,250,000
(-10.65%)
02/10/2025
Listed
$1,399,000
(+330.46%)
06/03/2010
Sold
$325,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$5,605
(+4.34%)
$403,692
Land 248,132 + Additions 155,560
2022
$5,372
(+1.68%)
$388,037
Land 238,498 + Additions 149,539
2021
$5,283
(+2.78%)
$388,037
Land 238,498 + Additions 149,539
2019
$5,140
(+244,660.48%)
$383,584
Land 236,053 + Additions 147,531
2017
$2.1
$368,691
Land 222,440 + Additions 139,023
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from USC-Expo Park
Car-Dependent Walkable Very Walkable
John Morris Real Estate
Keller Williams Palos Verdes
01382377

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