Pending

1515 E Martin Luther King Jr Boulevard

Los Angeles, CA 90011
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Bed 5

Bed

Bath 4

Bath

SqFt2,012

Sqft

SqFt5,139

Sqft(Lot)

TWO HOMES ON ONE LOTE** Delivered completely vacant and ready for immediate occupancy or income generation. BONUS SQ FOOTAGE. MUST SEE. This unique property is ideal for end users, multi-generational living, or savvy investors seeking strong rental potential and long-term upside.Each residence offers its own private living space, providing flexibility for a variety of living arrangements. Whether you choose to live in one unit and rent out the other, accommodate extended family, or lease both homes for maximum cash flow, the possibilities are endless.The property is well-suited for today's high-demand rental market, with separate living areas that enhance privacy and tenant appeal. Being delivered vacant gives the new owner the rare advantage of setting market rents from day one or customi zing the spaces to their personal preferences.Situated on a single lot, this property combines convenience, functionality, and investment potential in one package. Perfect for those looking to build equity while generating income, or investors seeking a turnkey addition to their portfolio.Don't miss this exceptional opportunity to own a flexible, income-producing property with immediate upside. Extensive parking!

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Detail Ic Property Details

Property Type : Residential

Price : $1,018,800

AD Id : 76990397

MLS Id : 26704437

Beds : 5

Lot Size : 5,139 Sqft

Living Area Size : 2,012

Year Built : 2026

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4 Half Baths: 0
  • Interior Features

    Exterior Property Features: Brick Driveway Property Appliances: Microwave Fireplace: None Flooring: Laminate Furnished Description: Unfurnished
  • Cooling Features

    Central Air,Wall/Window Unit(s) Air Conditioning

    Heating Source

    Central,Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 2026 Building Area Total: 2,012
  • Exterior Features

    Brick Driveway
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.118 Lot Size Dimensions: 40x128
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5139

  • Listing Price Information

    Original List Price: 1,018,800 Listing Contract Date: 2026-04-11
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5117008017

  • Garage and Parking

    Garage Description: Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 2234 Directions: E MARTIN LUTHER KING Zoning: LAR2 Source Property Type: Residential Area: C42 - Downtown L.A. Property SubType: Single Family Residence
  • Building and Construction

    Property Age: 0 Common Walls: No Common Walls Structure Type: Single Family Residence Year Built Source: Builder Total Square Feet Living: 2012 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1432 E 25th Street, Los Angeles, CA, 90011 $14,000,000 55 -- 26,048 26,048 SqFt
1325 E Adams Boulevard, Los Angeles, CA, 90011 $1,095,000 7 -- 2,838 2,838 SqFt
4610 Compton Avenue, Los Angeles, CA, 90011 $1,200,000 5 -- 3,124 3,124 SqFt
856 E 22nd Street, Los Angeles, CA, 90011 $1,150,000 5 -- 4,219 4,219 SqFt
5426 Compton, Los Angeles, CA, 90011 $849,900 -- -- 4,186 4,186 SqFt
1023 E 28th, Los Angeles, CA, 90011 $1,849,000 -- -- 5,196 5,196 SqFt
1013 E 28th Street, Los Angeles, CA, 90011 $996,000 12 -- 4,352 4,352 SqFt
805 E 25th St, Los Angeles, CA, 90011 $930,000 9 4 3,126 3,126 SqFt
515 E 21st Street, Los Angeles, CA, 90011 $815,000 5 -- 2,154 2,154 SqFt
3232 S Central, Los Angeles, CA, 90011 $1,226,000 -- -- 5,180 5,180 SqFt

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ByOwner last updated this listing 06/23/2026 @ 20:23

MLS: 26704437 LISTED BY: Barbara Isabel, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS

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