$2,595,000
Active
43 Days Online
8 Beds8 Baths4,762 SQFT
Active

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

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site43 Days
  • MLS StatusActive
  • MLS ID Number24423085
  • Home Size Source N/A
  • Year Built1923
  • Lot Size0.2046 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Assigned
  • Parking Spaces 10
  • Number of Stories Multi/Split2
  • Acreage 0.2046
  • Zoning LARD1.5
  • Listing Conditions Standard

Interior Features

  • Heating Wall Furnace
  • Appliances DishwasherMicrowave
  • Laundry Features Dryer Included

Community Features

  • Senior Community No
  • MLS Area PHHT - Park Hills Heights

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Monthly Payment (Est.)

$12,554
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