1162 E Martin Luther King Jr Boulevard, Los Angeles, CA 90011

$850,000 Asking Price

5 beds
3 baths
2,031  sqft
Built in 1947

Welcome to 1162 & 1162 1/2 E. Martin Luther King Jr. Blvd, a unique two-unit property offering abundant potential and opportunities. This promising LAR2 zoning investment property is nestled in the vibrant city of Los Angeles, conveniently located near schools, parks, churches, and downtown Los Angeles. Its prime location enhances its appeal, making it an ideal investment opportunity. The front unit comprises four bedrooms and two baths, while the back unit features three bedrooms and one bath. The spacious front unit accommodates multiple families or a large household comfortably. Additionally, solar panels are included and fully paid for, enhancing the property's sustainability and reducing utility costs.

Features & Amenities

Interior

Laundry:
Gas & Electric Dryer HU
A/C:
Wall/Window
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR2, 5114033005
View:
N/K

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
LA GOLD REALTY, INC., Mercedes Gomez

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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