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1583 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

List Price: $569,000On Market FlagOn market
Jun 28, 20251,144 sqft2 beds1 baths
Listed by: Regina Hunter
License #: 01314718
Phone #: 877-968-8808
Axos Proerties Inc
Source:
CRMLS Logo
MLS #: CV25145259

Property Description

Step into this inviting rental property, perfectly situated in a vibrant neighborhood, just moments away from downtown Los Angeles with local amenities, parks, and public transportation. This property not only boasts a prime location but also offers substantial potential for income generation and the opportunity to be part of a thriving community. With its strategic location and well-maintained condition, this property presents an excellent investment opportunity for both novice and experienced investors.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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.”
DRE LICENSE #01997822
California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,404

TurboHome Estimated Value

$531,300

$464 sqft

High Valuation
$557,865
$488/sqft
Normal Valuation
$531,300
$464/sqft
Low Valuation
$504,735
$441/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$464/sqft$531,300

Neighborhood: Central City

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Comparative Value

$415K

$492K

$560K

$600K

1534 E Adams Blvd, Los Angeles, CA 90011

Sale Price: $415,000

Selected Comparable

835 E 33rd St, Los Angeles, CA 90011

Sale Price: $491,900

Selected Comparable

1646 E 41st Pl, Los Angeles, CA 90011

Sale Price: $560,000

Selected Comparable

1425 E 22nd St, Los Angeles, CA 90011

Sale Price: $560,000

Selected Comparable

1583 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

List Price: $569,000

Subject Property

4327 Honduras St, Los Angeles, CA 90011

Sale Price: $600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1583 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

1583 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

List: $569,000

Listed: 6/28/2025

Area:1,144 sqft
Price/sqft:$497
Beds:2
Baths:1
Year Built:—
Lot Size:5,140

Comparable Properties

COMPARABLE
Choose comps
1646 E 41st Pl, Los Angeles, CA 90011

1646 E 41st Pl, Los Angeles, CA 90011

Sale: $560,000

12/9/2024 • 0.29 mi

Area:1,004 sqft
Price/sqft:$558
Beds:2
Baths:1
Year Built:—
Weight:20.9%
1534 E Adams Blvd, Los Angeles, CA 90011

1534 E Adams Blvd, Los Angeles, CA 90011

Sale: $415,000

4/25/2025 • 0.26 mi

Area:904 sqft
Price/sqft:$459
Beds:2
Baths:1
Year Built:—
Weight:20.6%
1425 E 22nd St, Los Angeles, CA 90011

1425 E 22nd St, Los Angeles, CA 90011

Sale: $560,000

11/18/2024 • 0.66 mi

Area:1,008 sqft
Price/sqft:$556
Beds:2
Baths:1
Year Built:—
Weight:20.2%
4327 Honduras St, Los Angeles, CA 90011

4327 Honduras St, Los Angeles, CA 90011

Sale: $600,000

12/16/2024 • 0.44 mi

Area:936 sqft
Price/sqft:$641
Beds:2
Baths:1
Year Built:—
Weight:19.7%
835 E 33rd St, Los Angeles, CA 90011

835 E 33rd St, Los Angeles, CA 90011

Sale: $491,900

9/5/2024 • 0.92 mi

Area:1,328 sqft
Price/sqft:$370
Beds:2
Baths:1
Year Built:—
Weight:18.5%

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