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ActiveApartment

1121 W Martin Luther King Jr

Los Angeles, CA, 90037

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$1,700,000

MLS: SB26188771

Beds

—

Baths

—

Sq Ft

5,914

Lot

0.18 ac

Year Built

1923

MLS #

SB26188771

Days on Market

43

Listed

Sep 11, 2026

Description

Five large units in the heart of Los Angles. Two bedrooms, one bath each. Easy access to the freeways. Walking distance to USC stadium and campus. Short drive to Crypto.com Arena. Home of Los Angeles Lakers, Los Angeles Coliseum-2028 Olympics. Newly Opened Lucas Museum. Exposition Park and BMO Stadium. Sellers are selling both buildings together. 1121 and 1127.

Location

Los Angeles, Los Angeles County, CA 90037

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Listed by: Eugena Odeyale · Prime Fidelity Capital, Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$13,218

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $170,000 · Loan: $1,530,000

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$10,510
Property tax (1.25%)
$1,771
Homeowners insurance
$300
Mortgage insurance
$638
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 22, 2026

30-year fixed
7.32%
15-year fixed
6.68%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $59,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Los Angeles, CA 90037 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor, Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.