Active
1951 W Martin Luther King Jr Boulevard
Los Angeles CA, 90062
$2,595,000
$544.94 per sqft
Active
8 Beds
8 Baths
4,762 sqft
Residential
Built in 1923
Listed by Andres Diaz with Keller Williams Downtown LA 213-797-7182
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.
24423085
MLSⓇ ID
August 1, 2024
Listed
December 5, 2024
Updated
Map
1951 W Martin Luther King Jr Boulevard
Los Angeles CA, 90062
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
8
Appliances
Dishwasher, Microwave, Dryer
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.2 Acres
Other Property Details
Area Name
PHHT - Park Hills Heights
Days on Market
125
Garage
No
Parking
Assigned
Parking Total
10
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Listing Contact: 213-797-7000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 9:21 AM UTC