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1321 W Martin Luther King Jr Blvd

Los Angeles, CA 90037
  • $3,499,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 25534385
UPDATED: 51 min ago
$3,499,000
  • 22
    BEDS
  • 0.18
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
  • 11,472
    SQFT
  • $305
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Description

Good quality tenants in the units. Great upside as many have been there a long time. Look for a great surge from the Olympics! Easy access to the 110 and 10 Freeways. 3 blocks to USC, football stadium and new soccer stadium.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T20:43:20.513. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/163369228
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1321 W Martin Luther King Jr Blvd Los Angeles, CA 90037

  • Price: $3,499,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 51 min ago
  • MLS #: 25534385
22
Beds
20
Baths
0
½ Baths
0.18
Acres
11,472
SQFT
$305
$/SQFT
1930
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
Good quality tenants in the units. Great upside as many have been there a long time. Look for a great surge from the Olympics! Easy access to the 110 and 10 Freeways. 3 blocks to USC, football stadium and new soccer stadium.
Exterior Features

Levels Two Lot Size Area 7875 Other Structures None Parking Garage On street Total Parking 0

Interior Features

Cooling None Equipment Ceiling FanRefrigeratorRange/Oven Heating Wall

Property Features

ADACompliance No Assessed Total Value 2031020 Disclosures As Is Electric Expense 3000.00 Gross Income 351936 Gross Operating Income 351936 Insurance Expense 21123.00 Like Units1 2 Like Units2 14 Like Units3 4 Maintenance Expense 8000.00 Net Operating Income 237566.00 Number Of Buildings 1 Number Of Units 20 Owner Pays Water Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 103923 Trash Expense 3000.00 Type Of Units studio12 Water Expense 18000.00 Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Timothy Agee DRE#01292289 of West Shores Realty, Inc.: 310-541-8000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-12T20:43:20.513. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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