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1162 E Martin Luther King Jr BLVD Los Angeles, CA 90011
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Key Details
Sold Price $865,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24102770
Sold Date 03/28/25
HOA Y/N No
Year Built 1947
Lot Size 6,006 Sqft
Property Sub-Type Duplex
Property 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR2
Interior
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Concrete
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5114033005
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Green/Energy Cert Solar
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, FHA
Financing FHA
Special Listing Condition Standard
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Bought with Carlos Alvarez • General Realty Group,Inc.