$850,000
Accepting Backup Offers

1162 E Martin Luther King Jr Boulevard

Los Angeles, CA 90011
0.14 acres | #CV24102770
Listing OfficeNEIGHBORHOOD REAL ESTATE
Browse 16 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • MLS #CV24102770
      • MLS #CV24102770
      • Original List Price$850,000
      • Acres0.1379
      • Utility SourcePublic
      • Cost850000
      • Property SubtypeDuplex
      • Year Built1947
      • Stories1

Location

Carl and Arda ClarkReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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