1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037 - View 1
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037 - View 2
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037 - View 3

1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

Sale Price: $850,000
Mar 11, 20243,844 sqft4 beds4 baths
Listed by: Thomas Hilal
License #: 01354379
Phone #: 310-486-1065
Nourmand & Associates-BH
Source:
CRMLS Logo
MLS #: 24367434

Property Description

Fantastic 4-plex with tremendous upside potential. The building features 4 one bedroom/one bathroom units and is centrally located to all the best Los Angeles has to offer. This property is close to downtown and USC. This is a great investment opportunity that is affordable and offers tremendous upside potential and growth.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,697

TurboHome Estimated Value

$929,900

$242 sqft

High Valuation
$976,395
$254/sqft
Normal Valuation
$929,900
$242/sqft
Low Valuation
$883,405
$230/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$242/sqft$929,900

Neighborhood: South Los Angeles

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Comparative Value

$735K

$850K

$880K

$1.02M

$1.03M

2023 W 28th St, Los Angeles, CA 90018

Sale Price: $735,000

Selected Comparable

1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

Sale Price: $850,000

Selected Comparable

1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

List Price: $880,000

Subject Property

8718 S Denker Ave, Los Angeles, CA 90047

Sale Price: $1,020,000

Selected Comparable

3918 S Normandie Ave, Los Angeles, CA 90037

Sale Price: $1,025,000

Selected Comparable

6142 S Hobart Blvd, Los Angeles, CA 90047

Sale Price: $1,030,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

List: $880,000

Listed: 3/11/2024

Area:3,844 sqft
Price/sqft:$229
Beds:4
Baths:4
Year Built:
Lot Size:6,354

Comparable Properties

COMPARABLE
Choose comps
1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

1306 W Martin Luther King Jr Blvd, Los Angeles, CA 90037

Sale: $850,000

9/23/20240.00 mi

Area:3,844 sqft
Price/sqft:$221
Beds:4
Baths:4
Year Built:
Weight:22.9%
3918 S Normandie Ave, Los Angeles, CA 90037

3918 S Normandie Ave, Los Angeles, CA 90037

Sale: $1,025,000

3/28/20250.29 mi

Area:3,492 sqft
Price/sqft:$294
Beds:4
Baths:4
Year Built:
Weight:21.7%
2023 W 28th St, Los Angeles, CA 90018

2023 W 28th St, Los Angeles, CA 90018

Sale: $735,000

5/6/20251.51 mi

Area:3,596 sqft
Price/sqft:$204
Beds:4
Baths:4
Year Built:
Weight:20.6%
8718 S Denker Ave, Los Angeles, CA 90047

8718 S Denker Ave, Los Angeles, CA 90047

Sale: $1,020,000

3/19/20253.62 mi

Area:3,763 sqft
Price/sqft:$271
Beds:4
Baths:3
Year Built:
Weight:17.4%
6142 S Hobart Blvd, Los Angeles, CA 90047

6142 S Hobart Blvd, Los Angeles, CA 90047

Sale: $1,030,000

3/12/20251.93 mi

Area:2,986 sqft
Price/sqft:$345
Beds:4
Baths:4
Year Built:
Weight:17.4%

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