1951 W Martin Luther King Jr Blvd
Los Angeles, CA 90062
8 Beds8 Baths4,762 Sq Ft143 Days on Market
For Sale $2,595,000
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Courtesy of Keller Williams Downtown LA
Listing Agent & Comments
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.
MLS# 24423085 • Data provided by CRMLS
Living Area | 4,762 Sq.Ft. |
---|---|
Lot Size | 8,912 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $15,960 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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HouseCanary, Inc. Brokerage
1951 W Martin Luther King Jr Blvd., Los Angeles, CA 90062
Multifamily8 Beds8 Baths4,762 Sq Ft143 Days on Market
Listing Agent & Comments
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.
MLS# 24423085 • Data provided by CRMLS
Living Area | 4,762 Sq.Ft. |
---|---|
Lot Size | 8,912 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $15,960 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,595,000
Request tour
Save
Courtesy of Keller Williams Downtown LA
1951 W Martin Luther King Jr Blvd
Los Angeles, CA 90062
8 Beds8 Baths4,762 Sq Ft143 Days on Market
Listing Agent & Comments
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.
MLS# 24423085 • Data provided by CRMLS
Living Area | 4,762 Sq.Ft. |
---|---|
Lot Size | 8,912 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 8 |
Bathrooms | 8 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multifamily |
Zoning | LARD1.5 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $15,960 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,595,000
Request tour
Save
Courtesy of Keller Williams Downtown LA