Check Availability

1609 East Martin Luther King Jr Boulevard

1609 East Martin Luther King Jr Boulevard, Los Angeles, CA 90011
Multifamily in South Central LA
Sold Apr 14, 2023
$603,000
$562,677 by Guild Mortgage Company Llc
Mortgage Due May 01, 2053
1609 East Martin Luther King Jr Boulevard has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1906 and is 118 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 1609 East Martin Luther King Jr Boulevard has 1,349 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,141 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1609 East Martin Luther King Jr Boulevard was last sold in Apr 6, 2023 for $603,000. According to our calculations, that's $447.00 per sqft. Current property owners are expected to pay $3,226 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 1609 East Martin Luther King Jr Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $256,375. To break that down further, the land itself was valued at $141,450. While improvements to the property were assessed at a total of $114,925. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,141
  • Total Building Area: 1,349
  • Gross Building Area: 1,349
  • Building Area: 1,349
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,349
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOUBLE TR
  • Land Acres: 0.118
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: DEEBLE TRACT LOT/SEC 45

Ownership

  • Current Owner : CARDOSO BARTOLOME LEAL
  • Current Owner 2: CARDOSO PLACIDO LEAL
  • Previous Owner : GONZALEZ FAMILY LIVING TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 228100

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-D2
  • Parcel: 5117-009-032
  • Lot: 45
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 34.0107
  • Longitude: -118.246

    Address

  • Full Address: 1609 E Martin Luther King Jr Blvd
  • Address - House Number: 1609
  • Street Direction: E
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C033
  • 4-Digit Zip Code: 2236
  • Zip Code: 90011

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,226
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 06-658

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 617,232
  • High Value: 659,051
  • Low Value: 575,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $562,677
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2023
  • First Open Lien Mortgage Loan Amount: $562,677
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,375
  • Assessed Land Value: $141,450
  • Assessed Improvements Value: $114,925

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Apr 14, 2023
  • Current Sale Transaction ID: 11904949472
  • Current Sale Price: $603,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 239380

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Apr 14, 2023
  • First Mortgage Loan Amount: $562,677
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2053

About South LA



Similar Buildings

Multifamily at 1609 East Martin Luther King Jr Boulevard,

1545 East 41st Place

  • 1 Unit for Sale
1545 East 41st Place, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

1409 East 41st Place

  • 1 Unit for Sale
1409 East 41st Place, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

1706 East 43rd Street

  • 1 Unit for Sale
1706 East 43rd Street, Los Angeles, CA 90058
Multifamily at 1609 East Martin Luther King Jr Boulevard,

4606 Compton Avenue

  • 1 Unit for Sale
4606 Compton Avenue, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

1209 East 25th Street

  • 1 Unit for Sale
1209 East 25th Street, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

4159 South Central Avenue

  • 1 Unit for Sale
4159 South Central Avenue, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

2218 Naomi Avenue

  • 1 Unit for Sale
2218 Naomi Avenue, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

1344 East 20th Street

  • 1 Unit for Sale
1344 East 20th Street, Los Angeles, CA 90011
Multifamily at 1609 East Martin Luther King Jr Boulevard,

1282 East 49th Street

  • 1 Unit for Sale
1282 East 49th Street, Los Angeles, CA 90011

Nearby Rentals

Unit for rent at

$1,525 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,525 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$1,595 /mo

  • 1 Bed
  • 1 Bath
  • 495 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1609 East Martin Luther King Jr Boulevard located in?
The 1609 East Martin Luther King Jr Boulevard is a multifamily located in the neighborhood of South Central LA in South LA, Los Angeles.
What is the average sales price for listings in 1609 East Martin Luther King Jr Boulevard?
The average sales price for units in 1609 East Martin Luther King Jr Boulevard is $0 currently.

Quantcast