1820 W Martin Luther King Jr Boulevard B, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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Los Angeles, California 90062
This Fully Remodeled Multi-Unit Potential Residence is a Prime Investment Opportunity, listed at $799,000—positioned well below the $831,915 Fair Market Value by 3%. This valuation gap offers $32,915 in Instant Equity. Featuring a Condition Rating of 2, the property includes luxury vinyl plank flooring, quartz countertops, and a detached studio guest house for immediate rental income. Located on the USC/Exposition Park border, it combines turnkey modernization with high-demand urban living. This is a strategic choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1820 W Martin Luther King Jr Boulevard B Subject | $799,000* List Price | 3 | 2 | 1,397 | $596 | - |
A 1618 Middleton Place Sold | $830,000 | 3 | 2 | 1,291 | $643 | 0.4 mi |
B 2025 W Vernon Avenue Sold | $715,000 | 3 | 2 | 1,146 | $624 | 0.5 mi |
C 4430 Cimarron Street Sold | $800,000 | 3 | 2 | 1,281 | $625 | 0.6 mi |
D 4156 Halldale Sold | $740,000 | 4 | 2 | 1,516 | $488 | 0.6 mi |
E 4427 S Wilton Place Sold | $966,756 | 3 | 2 | 1,651 | $586 | 0.6 mi |
F 1577 W 45th Street Sold | $999,000 | 5 | 1 | 1,729 | $578 | 0.6 mi |
G 1842 W 45th Street Pending | $899,000 List Price | 3 | 2 | 1,460 | $616 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1922 property has undergone a complete, high-quality renovation within the last few years, effectively bringing it to like-new condition. The interior features modern luxury vinyl plank flooring, a contemporary kitchen with quartz countertops and shaker-style cabinetry, and fully updated bathrooms with new fixtures and glass enclosures. With new energy-efficient windows, fresh drywall, and a newly converted studio guest house, the property meets current quality standards with no visible deferred maintenance.
Situated on the USC and Exposition Park border near BMO Stadium and Downtown LA, the property is in a high-demand, rapidly developing area perfect for students and urban professionals.
The detached garage has been converted into a studio guest house with a full bathroom, providing a versatile space for rental income, a home office, or multi-generational living.
The residence is completely remodeled with contemporary finishes, including luxury vinyl plank flooring, quartz countertops, and energy-efficient windows, offering a move-in-ready experience.
Being located on Martin Luther King Jr Boulevard, a major thoroughfare, the property is subject to significant street noise and higher traffic volume.
Despite the extensive remodel, the original 1922 construction may present underlying maintenance challenges or layout limitations common in homes of this vintage.
Completely remodeled property in a prime USC / Exposition Park border location, just minutes from Downtown Los Angeles, USC Village, BMO Stadium, and the LA Coliseum. This renovated home has been extensively updated inside and out, offering modern finishes and flexible living space ideal for owner-occupants or investors. The main residence features luxury vinyl plank flooring throughout, quartz countertops, new drywall and interior finishes, fresh paint, and a newly added full bathroom, new energy efficient windows and doors creating a clean and contemporary living environment. The detached single-car garage has been converted into a studio guest house, complete with bedroom/living area, and full bathroom. Located near Exposition Park, the property offers convenient access to USC, Downtown LA, major transit lines, shopping, dining, and entertainment. A rare opportunity to own a fully upgraded home with an additional living unit in one of Los Angeles' rapidly developing central neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,397 | 1,399.5 | 50% |
| Lot Size | 5,734 | 5,410 | 71% |
| Price | $799.0K | $727.5K | 56% |
| Price per sq ft | $572 | $565 | 50% |
| Built year | 1922 | 1913 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 186 | 6% |
Mar 12, 2026
$799,000
Initial Listing