Active

1951 W Martin Luther King Jr Blvd

Los Angeles CA, 90062

$2,595,000


$544.94 per sqft

Active

8 Beds

8 Baths

4,762 sqft

Multi-family

Built in 1923

1951 W. Martin Luther King Jr Boulevard is an 8-unit apartment complex in the Leimert Park neighborhood of Los Angeles. The property offers a diverse unit mix of four (4) studio units and four (4) two-bedroom units spread across 4,762 rentable square feet. Seven of the eight units have been completely remodeled with brand new electrical, plumbing and mechanical systems. The units are also sub-metered for gas, electric, and water which results in an extremely low utility expense profile for a new owner. The asset offers strong cash flow day-1 and approximately 14% rental upside.

24-423085

MLS ID

August 2, 2024

Listed

November 22, 2024

Updated

Map

1951 W Martin Luther King Jr Blvd
Los Angeles CA, 90062

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

8


Appliances

Dishwasher, Freezer, Microwave, Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Wall Unit(s)


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.2 Acres

Other Property Details

Area Name

Park Hills Heights


Days on Market

89


Garage

No


Parking

Assigned


Parking Total

10


View

No


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listed by Andres Diaz with Keller Williams Downtown LA
Listing Contact: 323-376-2469 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Roxanna Godinez | CA DRE# 01137955 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/22/2024

Powered byLuxury Presence