Los Angeles County  »  90016  »  W Martin Luther King JR Blvd  »  4551 W Martin Luther King JR Blvd

4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 Property Information

4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016
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Address

Primary address 4551 West Martin Luther King JR Boulevard, Los Angeles
Alternate address(es) 3745 S Chesapeake Ave
3751 S Chesapeake Ave
3755 S Chesapeake Ave
Zip code 90016
County Los Angeles
Municipality Los Angeles
Neighborhood Baldwin Hills - Crenshaw

Sales & Tax Overview for 4551 West Martin Luther King JR Boulevard, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/23/2022
Sale price $35,465,000
Arm's length
Current property tax $288,546

Lot & Building Information for 4551 West Martin Luther King JR Boulevard, Los Angeles

Building sqft 82,353
Total sqft 220,083
Building class Five or More Apartments or Units - 4 Stories or Less (0500)
Acreage 4.953
Buildings on lot 6
Units 200
Year built 1964
Stories 4
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 4551 West Martin Luther King JR Boulevard, Los Angeles

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  • • Improvements for 4551 West Martin Luther King JR Boulevard, Los Angeles , including their type, square footage, grade and when they were built.
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About 4551 West Martin Luther King JR Boulevard, Los Angeles

What is the year built & the total sq. ft. for 4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016?

4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 was built in 1964 and has a total of 82,353 square feet.

What is the assessed value of 4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 and the property tax paid?

Assessed at $54,121,608, the tax amount paid for 4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 is $642,639.

When was 4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 last sold and what was the last sale price?

4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016 was last sold in 12/23/2022 for $35,465,000.

How many residential units does this building have?

This building has 200 residential unit(s).

Ownership Information

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Real Estate Reports:
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
Laura Pop-Badiu, May 21, 2026 How to Find Land Boundaries: Free & Paid Methods
If you need to find land boundaries fast, you can start with a free county parcel/GIS viewer or a premium platform like PropertyShark to see an approximate parcel outline and lot data. However, keep in mind that a web-based land boundaries map is a starting point, not the legal finish line.
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
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Past Sales & Property History for 4551 West Martin Luther King JR Boulevard, Los Angeles

Create a free account to view the complete sales history for 4551 West Martin Luther King JR Boulevard, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
12/23/2022 $35,465,000
07/29/2016 $47,000,000
       
       
       
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Title Documents for 4551 West Martin Luther King JR Boulevard, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
12/23/2022 Grant Deed
(Less liens - Reappraisal transfer - 3 parcels in multiple sale)
07/29/2016 Grant Deed
(Sale for consideration - full DTT - 3 parcels in multiple sale)
10/29/1993 Deed
               
               
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R: Recorded date
D: Document date

Property Taxes for 4551 West Martin Luther King JR Boulevard, Los Angeles

Access detailed property tax data for 4551 West Martin Luther King JR Boulevard, Los Angeles, CA 90016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $642,640
Current property tax $288,546
Market value $54,121,608

Special Assessments And Penalties for 4551 West Martin Luther King JR Boulevard, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
00194 Health License Fees
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 4551 West Martin Luther King JR Boulevard, Los Angeles

Here's the assessment & property tax history for 4551 West Martin Luther King JR Boulevard, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $54,121,608 1.1874 $642,640 +0.81%
2024-2025 $53,138,848 1.1997 $637,507 +2.02%
2023-2024 $52,098,448 1.1994 $624,869 +69.00%
2022-2023 $31,723,488 1.1655 $369,737 +1.20%
2021-2022 $31,088,913 1.1752 $365,357 -1.06%

Permits for 4551 West Martin Luther King JR Boulevard, Los Angeles

The complete history of permits filed for 4551 West Martin Luther King JR Boulevard, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
04/22/2026
04/22/2026
04/22/2026
04/22/2026
01/22/2026
01/22/2026
01/22/2026
12/03/2025
10/09/2025
05/21/2025
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.

Check out recently sold homes in Los-Angeles and see how their prices compare.

Demographics by Zip Code

Total population 46,457
Median age 36.3
Average household income $110,023
Family households 57.4%
Occupied housing units 18,091
Owner occupied units 34.9%
Average number of people per household 2.55
Median year structure built 1949
Median value for units with a mortgage $990,000
Median value for units without a mortgage $921,900

Risk

Create a free account to unlock extended information for 4551 West Martin Luther King JR Boulevard, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) 0.2, AE, X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map

Transportation

Access the detailed traffic volume map for 4551 West Martin Luther King JR Boulevard, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 4551 West Martin Luther King JR Boulevard, Los Angeles

Here are the neighbors for 4551 West Martin Luther King JR Boulevard, Los Angeles.

Address Square feet Purchase date Purchase price
3745 Potomac Ave, Los Angeles 1,372
3731 Potomac Ave, Los Angeles 976 01/13/1992
3725 Potomac Ave, Los Angeles 2,336 02/09/2012
4601 W Martin Luther King JR Blvd, Los Angeles 80,346 12/23/2022 $35,465,000
4521 W Martin Luther King JR Blvd, Los Angeles 15,676 06/29/2021
5018 Obama Blvd, Los Angeles 9,360
5060 Obama Blvd, Los Angeles 71,574 05/18/2022 $37,300,000
3601 Potomac Ave, Los Angeles 1,364 04/16/2008
5020 Obama Blvd, Los Angeles 40,561
3600 S LA Brea Ave, Los Angeles 330 01/29/2014
3751 Potomac Ave, Los Angeles 1,076 08/28/2015
4502 Rodeo Ln, Los Angeles 310,654 08/09/2007
4700 W Martin Luther King JR Blvd, Los Angeles 8,136
4928 W Martin Luther King JR Blvd, Los Angeles 101,930
3755 Potomac Ave, Los Angeles 1,012 11/05/2021
3735 Potomac Ave, Los Angeles 1,857 01/19/2022
3700 Nicolet Ave, Los Angeles 26,960
3700 S LA Brea Ave, Los Angeles 10,425 12/09/2011 $2,450,000
3725 Chesapeake Ave, Los Angeles 1,205 12/23/2022 $35,465,000
3741 Potomac Ave, Los Angeles 1,241 12/22/2020

Nearby ZIP Codes for 4551 West Martin Luther King JR Boulevard, Los Angeles

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