1608 E Martin Luther King Jr, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 2 bath
ACTIVE$599,000$1,546/sqft
Est. Value: $615,847
2%
FairlyEstimate
1608 E Martin Luther King Jr, Los Angeles, California 90011
4Beds
2Baths
1,546Sqft
5,139Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $599,000.
Key pros and cons
Top Pros:
Significant Value-Add Potential: The property is explicitly described as needing work but having the potential to become a 'masterpiece,' offering a substantial opportunity for renovation and value appreciation.
Top Cons:
Extensive Renovation Required: The listing clearly states the home 'needs work,' indicating that significant financial investment and effort will be necessary to modernize and restore the property.
Compared to the nearby listings
Price:$599.0K vs avg $572.5K (+$26,500)59%
Size:1,546 sqft vs avg 1,162.5 sqft91%
Price/sqft:$387 vs avg $51819%
More Insights
Built in 1906 (120 years old).
Condition: Built in 1906, this property is explicitly described as needing 'work.' The images confirm a severely outdated kitchen with tile countertops, painted cabinets, and old flooring, along with a very basic and worn bathroom. General finishes, including worn carpets and dated light fixtures, indicate a lack of significant renovation for many decades. While not a tear-down, it requires substantial repairs and rehabilitation to address its age and bring it to modern living standards.
Year Built
1906
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
SB26006042
Home ConditionPoor
Features
View-
About this home
This home has been in the same family for several generations. The home needs work, but with the right vision, it will be a masterpiece! 4 bedrooms, 2 bathrooms, 1,546 sq feet on a 5,149 sq foot lot.
A
Alfredo Castro
Listing Agent
Nearby schools
4/10
Nevin Avenue Elementary School
Public,•K-5•0.1mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.7mi
2/10
Harmony Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.0mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.1mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.1mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.2mi
2/10
Aurora Elementary School
Public,•K-5•1.2mi
5/10
Lillian Street Elementary School
Public,•K-6•1.7mi
5/10
Pacific Boulevard School
Public,•K-5•1.9mi
5/10
Estrella Elementary School
Public,•K-5•2.0mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.4mi
3/10
George Washington Carver Middle School
Public,•6-8•1.0mi
6/10
Vernon City Elementary School
Public,•K-7•1.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.6mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.0mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.6mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.6mi
4/10
Huntington Park Senior High School
Public,•9-12•2.3mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.8mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.1mi
Condition Rating
Poor
Built in 1906, this property is explicitly described as needing 'work.' The images confirm a severely outdated kitchen with tile countertops, painted cabinets, and old flooring, along with a very basic and worn bathroom. General finishes, including worn carpets and dated light fixtures, indicate a lack of significant renovation for many decades. While not a tear-down, it requires substantial repairs and rehabilitation to address its age and bring it to modern living standards.
Pros & Cons
Pros
Significant Value-Add Potential: The property is explicitly described as needing work but having the potential to become a 'masterpiece,' offering a substantial opportunity for renovation and value appreciation.
Generous Lot Size: A 5,149 sq ft lot in an urban area like Los Angeles provides ample space for potential expansion, outdoor living, or landscaping, enhancing its appeal.
Functional Layout: With 4 bedrooms and 2 bathrooms, the home offers a practical and desirable configuration suitable for families or multi-generational living.
Historic Character: Having been in the same family for several generations, the property likely possesses unique historic charm and character, appealing to buyers seeking a home with a story.
Convenient School Access: The property benefits from close proximity to multiple schools, including Nevin Avenue Elementary (rated 4) just 0.13 miles away, making it attractive for families.
Cons
Extensive Renovation Required: The listing clearly states the home 'needs work,' indicating that significant financial investment and effort will be necessary to modernize and restore the property.
Advanced Age of Structure: Built in 1906, the property is over a century old, suggesting potential for outdated infrastructure, systems, and the need for comprehensive updates.
Mixed School Ratings: While some schools are nearby, the presence of a lower-rated high school (Thomas Jefferson Senior High School, rating 2) within close proximity could be a drawback for some prospective buyers.