1951 W Martin Luther King Jr Blvd Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90062
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,762 sqft
Price per Sqft $544
MLS Listing ID 24-423085
Bedrooms 8
Year Built 1923
Lot Size 8,912 Sqft
Acres 0.2046
Property 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.
Location
State CA
County Los Angeles
Area Park Hills Heights
Zoning LARD1.5
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Dishwasher, Freezer, Microwave, Dryer
Exterior
Garage Assigned
Garage Spaces 10.0
Building
Story 2
Level or Stories Multi/Split
Others
Special Listing Condition Standard