1307 W Martin Luther King Jr Blvd, Los Angeles, CA, 90037
About This Home
Come take a look at this quadruplex fixer opportunity offering strong investment potential. The property consists of four units. One unit is a 2-bedroom, 1-bath that has been viewed and features a spacious kitchen with ample cabinet space and an open counter opening to the living area, along with a small bonus walk-in room off the kitchen, suitable for a pantry, office, or storage use. Per Seller, the remaining three 1-bedroom 1-bath units also include a bonus room; however, these units have not been viewed. Buyer to verify all information.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1921
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Drywall,Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: Washer Hookup,Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
Features
- Ceiling Fan(s),Pantry
- Door features: Mirrored Closet Door(s)
- Window features: Screens
- Flooring: Vinyl
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Wall Furnace
- Cooling features: None
Interior Area
- Total structure area: 4,352
- Total interior livable area: 4,352 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 5037001022
- Attached to another structure: Yes
- Zoning: R3-1-CPO
- Special condition: Short Sale
Features
- Entry location: 1
- Pool features: None
- Exterior features: Awning(s)
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: None
Lot
- Lot size: 7,875 sqft
- Features: 2-5 Units/Acre
Parking
- Parking features: No Driveway,Deck,Unpaved
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 | $4,545 | $54,540 |
| Home Insurance * | $197 | $2,364 |
| Property Taxes | $1,026 | $12,312 |
| Electricity | $933 | $11,198 |
| Total | $6,701 | $80,412 |
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 |
|---|---|---|
| 2026-05-13 | Price change | $899,000 |
| 2026-02-01 | Listed for sale | $999,000 |
| 2025-09-07 | Listing removed | $1,075,000 |
| 2025-07-30 | Contingent | $1,075,000 |
| 2025-05-18 | Listed for sale | $1,075,000 |
| 2025-05-11 | Listing removed | $1,250,000 |
| 2025-03-06 | Price change | $1,250,000 |
| 2025-02-11 | Listed for sale | $1,399,000 |
| 2023-01-14 | Listing removed | -- |
| 2022-10-15 | Listed for sale | $1,199,000 |
| 2010-06-15 | Sold | $325,000 |
View on Zillow