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 John Swartz 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
