Los Angeles, CA 90011 1162 E Martin Luther King Jr Boulevard
$850,000
11 more
Presented By: Mercedes Gomez with NEIGHBORHOOD REAL ESTATE;
Beds • 7
Baths • 3
SQFT • 2,031
Home Details
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.
Presented By: Mercedes Gomez with NEIGHBORHOOD REAL ESTATE;
Interior Features for 1162 E Martin Luther King Jr Boulevard
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesElectricDryerHookup, GasDryerHookup
Total Stories1
Other Rooms
Entry Level1
General for 1162 E Martin Luther King Jr Boulevard
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
Contingencyfinding replacement home
CoolingWallWindowUnits
CountyLos Angeles
Days on Market105
Directionsvia I-110 S and W Martin Luther King Jr Blvd ; via I-10 exit 10 Hooper south right on martin Luther king
Entry Locationstreet
Exclusionspersonal property
Garage Spaces0.0
Garage Y/NNo
Green Energy GenerationSolar
Gross Income0.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6005.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
NumberOfUnitsTotal2
Open Parking Spaces3.0
Operating Expense0.0
Pool FeaturesNone
PossessionSeeRemarks
Private PoolNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tax Lot5
TermsCash, CashtoExistingLoan, CashtoNewLoan, Conventional, FHA
Trash Expense0.0
ViewNone
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1947
Year Built SourceOwner
ZoningLAR2
Exterior for 1162 E Martin Luther King Jr Boulevard
Building Area Total2031.0
Crops Included Y/NNo
Horse Y/NNo
Inclusionssolar pannels
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1379
Lot Size Area6005.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesConcrete
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480