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

  • $2,595,000
  • $545
1951 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 4762.00
  • 1923
  • Year Built
For Sale
1951 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062
  • $2,595,000
  • $545

Overview

Property ID: SGR-33719666
  • Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 8
  • Bathrooms
  • 4762.00
  • 1923
  • Year Built

Description

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.

  • Address 1951 W Martin Luther King Jr Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90062
  • Area PHHT - Park Hills Heights
  • Country United States

Details

Updated on September 9, 2024 at 7:24 pm
  • Property ID: SGR-33719666
  • Price: $2,595,000
  • Property Size: 4762.00 m²
  • Land Area: 8912.00 m²
  • Bedrooms: 8
  • Bathrooms: 8
  • Year Built: 1923
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 4762.00
  • MLS#: 24423085
  • Office Name: KELLER WILLIAMS DOWNTOWN LA
  • Agent Name: Andres Diaz
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Keller Williams Downtown LA
  • Co-Agent Name: Julian Bloch
  • Agent State License: 01956479
  • Co-Agent State License: 02043055

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 10.00

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