1307 W W. Martin Luther King Jr Boulevard, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath
ACTIVE$1,020,000
1307 W W. Martin Luther King Jr Boulevard, Los Angeles, California 90037
0Bed
0Bath
1Sqft
7,875Lot
Year Built
1921
Close
-
List price
$1.02M
Original List price
$1.02M
Price/Sqft
$1,020,000
HOA
-
Days on market
-
Sold On
-
MLS number
SB25226812
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.02M(61th), sqft - 1(4th), beds - undefined(50th), baths - undefined(50th).
Come take a look at this quadruplex fixer opportunity for a potential great investment! 3 units are 1 bedroom 1 Bath with a small den. The 4th Unit is a 2 bedroom 1 bath with a small bonus walk in room off the kitchen that can be used as a walk in pantry or an office, storage, kids small play room. The kitchen is spacious with lots of cabinet space. There is a kitchen open counter top that leads to the living room. Laundry room has so much potential, located at the back entry.
Price History
Date
Event
Price
09/26/25
Listing
$1,020,000
Condition Rating
Poor
Built in 1921, this property is explicitly marketed as a 'fixer opportunity,' indicating a need for substantial repairs and rehabilitation. The visible bathroom features a very basic, likely budget-grade, stand-up shower stall, suggesting minimal and dated renovations. The exterior appears worn, and the overall condition points to significant deferred maintenance and likely outdated major systems (electrical, plumbing, HVAC) that would require extensive upgrades to meet current standards.
Pros & Cons
Pros
High-Yield Investment Potential: Explicitly marketed as a 'quadruplex fixer opportunity for a potential great investment,' indicating strong ROI potential after renovation and stabilization.
Multi-Unit Income Stream: As a quadruplex, it offers four distinct rental units, providing diversified income and higher overall rental revenue compared to single-family homes.
Desirable Los Angeles Location: Situated in Los Angeles (90037), a robust and high-demand rental market, ensuring a steady tenant pool and potential for property appreciation.
Flexible Unit Layouts: The property includes three 1-bedroom units with a small den and one 2-bedroom unit with a bonus walk-in room, offering versatile living options for various tenant demographics.
Generous Lot Size: A 7875 sqft lot provides potential for future expansion, additional amenities, or landscaping improvements, adding long-term value to the property.
Cons
Extensive Renovation Required: Described as a 'fixer opportunity,' indicating significant capital investment and time will be needed for comprehensive renovations across all four units to bring them to market standards.
Advanced Age of Property: Built in 1921, the property is over a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and structural issues that could lead to unforeseen and substantial repair costs.
Lack of Modern Amenities/Parking Details: The description does not mention modern amenities or dedicated parking, which could be a competitive disadvantage in the Los Angeles rental market and a potential deterrent for prospective tenants.