850 W Martin Luther King Jr Boulevard
Los Angeles, CA, 90037
$885,000
Original list price: $1,288,000
MLS: 25595637
Beds
8
Baths
4
Sq Ft
3,896
Lot
0.13 ac
Year Built
1921
MLS #
25595637
Days on Market
378
Listed
Oct 3, 2025
Description
Proudly presenting this terrific investment opportunity in a supreme location. Superbly located just across BMO Stadium, the home ground of the beloved LAFC soccer team, and just minutes walking distance to the University of Southern California (USC), as well as being just a block away from the LA Memorial Coliseum, California Science Center, Natural History Museum, and more. This fantastic apartment building features 4 spacious units, each just under approximately 1,000 SF that includes 2-bedrooms, 1-bathroom, a living room, kitchen. An abundance of space allows for plenty of parking, 2 spots for each unit totaling 8 parking spots in all. This gem offers the ideal, compelling blend of quality and location for investors looking for future potential. It cannot be understated how terrifically the property is situated thanks to its convenient access to the I-110 and I-10 freeways, as well as its close proximity from bustling Downtown and Koreatown. Come seize this wonderful opportunity in prime Los Angeles.
Location
Los Angeles, Los Angeles County, CA 90037
Open on Google Maps ↗Listed by: MiJeong Kim · Mi Jeong Kim
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
$7,025
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $88,500 · Loan: $796,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,471
- Property tax (1.25%)
- $922
- Homeowners insurance
- $300
- Mortgage insurance
- $332
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 $30,975 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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