This building is covered by LA's Rent Stabilization Ordinance. Annual rent increases are capped at 3% (effective Feb 2026).
Built 1926 — pre-Oct 1978 with 2+ units
Verify on LAHD →Compared to median rents in 90037, South LA
Based on HUD Fair Market Rent estimates for this ZIP code
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Cited
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13 questions answered
Based on recent listing data, rent for a studio at 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 ranges from $1,360 to $1,840 per month, with a median of $1,600.
Based on recent listing data, rent for a 1-bedroom at 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 ranges from $1,539 to $2,082 per month, with a median of $1,810.
Based on recent listing data, rent for a 2-bedroom at 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 ranges from $1,947 to $2,634 per month, with a median of $2,290.
Based on recent listing data, rent for a 3-bedroom at 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 ranges from $2,499 to $3,381 per month, with a median of $2,940.
Based on recent listing data, rent for a 4-bedroom at 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 ranges from $2,754 to $3,726 per month, with a median of $3,240.
Yes, 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 is rent stabilized with 20 stabilized units. Rent-stabilized tenants have protections limiting annual rent increases and providing lease renewal rights.
The registered owner of 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 is DICKENS. You can view their full portfolio of buildings on Lucid Rents.
1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037, owned by DICKENS, has an overall grade of A (5.0/5) on Lucid Rents. The building has 108 recorded violations. Check tenant reviews for firsthand experiences.
1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 has an overall grade of A with a score of 5.0 out of 5 on Lucid Rents. This score is based on violations, complaints, and tenant reviews.
Yes, 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 has 108 housing violations and 1 complaint on record. Visit the building page on Lucid Rents to see the full history, including violation classes and complaint types.
There are 5 schools near 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037, including 2 charter schools, 3 public schools. Nearby schools include Kipp Vida Preparatory Academy (11 min walk), Global Education Academy (17 min walk), Dr. James Edward Jones Primary Center (15 min walk), Barack Obama Global Preparation Academy (20 min walk), Marguerite Poindexter Lamotte Elementary (15 min walk).
The 90037 zip code where 1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 is located has 1,600 crime incidents on record. Check the neighborhood report card for 90037 for a full breakdown by crime type.
1241 W MARTIN LUTHER KING JR BLVD, Los Angeles, CA 90037 was built in 1926, contains 20 total units.
Latest data: March 2026. This building has not been actively listed recently.
Studio
$1,300/mo
1BR
$1,995/mo
Potential savings: ~20% by timing your move