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
October 2, 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
12
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
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024