Neighborhood
1151 E Martin Luther King Jr Blvd, Los Angeles, CA 90011
5 beds · 3 baths · 1,968 sq ft · Lot: 4,443 sq ft · Multi-Family Home (2 - 4 units) · Last Sold: $170K in 2009 · Built: 1905
Est. Value:
$695K
Est. Rent:
$2.9K/month

1151 E Martin Luther King Jr Blvd Los Angeles, CA 90011

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5 beds · 3 baths · 1,968 sq ft · Lot Size: 4,443 sq ft · Multi-Family Home (2 - 4 units) · Central Alameda
Est. Property Value: $694,840

Owned for 15 - 25 YearsOwner Age 65 - 75

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1151 E Martin Luther King Jr Blvd is in the Central Alameda neighborhood of Los Angeles, CA. It is located in Los Angeles County and ZIP code 90011. This Multi-Family Home (2 - 4 units) was built in 1905 and is approximately 120 years old. The multi-family home (2 - 4 units) spans 1968 sq ft with 5 bedrooms and 3 bathrooms and sits on a 4443 sq ft lot. According to public records, it was last sold in 2009 for $170,000. The Central Alameda area of Los Angeles has 1750 residential homes with an average size of 2110.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1151 E Martin Luther King Jr Blvd Los Angeles, CA 90011 with Property Intel by Whitepages.

Investment Potential for 1151 E Martin Luther King Jr Blvd

The property has a current estimated value of $694,840, which is 11% above the neighborhood median, based on public records. It last sold on June 29, 2009 for $170K. Projected long-term
is $34,200 annually ($2,850 per month) with a 96% occupancy rate.

Discover more Multi-Family Home (2 - 4 units)s in Central Alameda.
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Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
96%in 90011 zip code
 
View Rental Potential

Owners & Occupancy for 1151 E Martin Luther King Jr Blvd

This property is owned by Dung T Nguyen. Owner contact information includes 8 phone numbers and 2 email addresses.

Property Owners

Cell Phone(323) ***-****View Cell Phone
Residence***************
Landline(323) 737-5681
Distance from Property**********
Email Address***********@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateJune 29, 2009
Property Tax Amount$2,909 in 2023
Purchase Price$170,000

Occupancy

Resident 1**************
Resident 2*************
Resident 3****************** age 37
Resident 4************
Resident 5**************
Resident 6******************
Resident 7*************
Resident 8************** age 48

Property Details for 1151 E Martin Luther King Jr Blvd

Property Details

Property Sq Ft

Living Area

1,968 sq ft

7% below market

Lot Size

4,443 sq ft

18% below market

Price Per Sq Ft

Living Area

$353 / sq ft

13% above market

Lot Size Area

$156 / sq ft

36% above market

Property condition, age, exterior, etc. for 1151 E Mar…
Longitude: -118.255199 Latitude: 34.011412 Parcel Number (APN): 5114-030-024…
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Recommended Properties in Central Alameda

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    1604 E Martin Luther King Jr Blvd, Los Angeles, CA 90011

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    1193 E 42nd St, Los Angeles, CA 90011

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    1264 E 41st St, Los Angeles, CA 90011

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    4154 Compton Ave, Los Angeles, CA 90011

    4 beds · 2 baths · 1,311 sq ft · Built: 1908

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    1402 E 46th St, Los Angeles, CA 90011

    4 beds · 2 baths · 1,806 sq ft · Last Sold: $205,000 in 1999 · Built: 1908

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    1336 E 22nd St, Los Angeles, CA 90011

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    1619 E 49th St, Los Angeles, CA 90011

    5 beds · 3 baths · 1,866 sq ft · Built: 1913

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    4180 Dorsey St, Los Angeles, CA 90011

    5 beds · 2 baths · 1,477 sq ft · Last Sold: $370,000 in 2015 · Built: 1913

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    1374 E Vernon Ave, Los Angeles, CA 90011

    6 beds · 4 baths · 2,112 sq ft · Built: 1920

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    1516 E 56th St, Los Angeles, CA 90011

    4 beds · 2 baths · 1,838 sq ft · Built: 1907

Market Benchmarks

Compare data for 1151 E Martin Luther King Jr Blvd in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$694,840
$821,788
-$126,947 (-15%)
$*******
$1,324,395
-$224,117 (-17%)
YoY Price Change
****%
1.19%
153%
Year Built
1905
1949
-44 years
Living Space
1,968 sq ft
2,385 sq ft
-417 (-17%)
$ Per Living Sq Ft
$353
$379
-$26 (-7%)
Lot Size
4,443 sq ft
6,741 sq ft
-2298 (-34%)
$ Per Lot Sq Ft
$156
$131
$26 (20%)

Net Operating Income
$*****
$28,476
-$6,791 (-24%)
Annual Revenue
$34,200
$45,600
-$11,400 (-25%)
$*****
$15,443
-$2,928 (-19%)
Net Operating Income
$*****
$28,476
-$6,791 (-24%)
Cap Rate
****%
3.07%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 5-Bed Multi-Family Home (2 - 4 units) Medians

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