850 W Martin Luther King Jr Blvd, Los Angeles, CA, 90037
About This Home
Proudly presenting this terrific investment opportunity in a supreme location. Superbly located just across BMO Stadium, the home ground of the beloved LAFC soccer team, and just minutes walking distance to the University of Southern California (USC), as well as being just a block away from the LA Memorial Coliseum, California Science Center, Natural History Museum, and more. This fantastic apartment building features 4 spacious units, each just under approximately 1,000 SF that includes 2-bedrooms, 1-bathroom, a living room, kitchen. An abundance of space allows for plenty of parking, 2 spots for each unit totaling 8 parking spots in all. This gem offers the ideal, compelling blend of quality and location for investors looking for future potential. It cannot be understated how terrifically the property is situated thanks to its convenient access to the I-110 and I-10 freeways, as well as its close proximity from bustling Downtown and Koreatown. Come seize this wonderful opportunity in prime Los Angeles.
Getting Around
Very Walkable
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1921
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range/Oven
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating & Cooling
- Heating features: Wall
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,896
- Total interior livable area: 3,896 sqft
Property
Details
- Parcel number: 5019001027
- Zoning: LAR3
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Lot size: 5,523 sqft
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,475 | $53,700 |
| Home Insurance * | $194 | $2,328 |
| Property Taxes | $1,009 | $12,108 |
| Electricity | $835 | $10,025 |
| Total | $6,513 | $78,156 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-26 | Price change | $888,000 |
| 2026-02-10 | Price change | $928,000 |
| 2025-12-30 | Price change | $998,000 |
| 2025-10-03 | Listed for sale | $1,288,000 |
| 2014-03-21 | Sold | $480,000 |
| 2014-01-29 | Pending sale | $489,900 |
| 2013-12-01 | Price change | $489,900 |
| 2013-09-28 | Listed for sale | $499,900 |
| 2011-11-21 | Sold | $349,000 |
| 2005-05-25 | Sold | $650,000 |
| 2002-07-29 | Sold | $340,000 |
| 2002-01-02 | Sold | $350,000 |
| 2001-05-17 | Sold | $190,500 |
| 2001-01-18 | Sold | $182,301 |
| 1998-01-14 | Sold | $260,000 |
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