1951 W Martin Luther King Jr Boulevard, Los Angeles, CA 90062
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Listed Price :
$2,595,000
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Beds :
8
-
Baths :
8
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Property Size :
4,762 sqft
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Year Built :
1923
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.
Interior Features
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
8 |
Listing Information
| Address |
1951 W Martin Luther King Jr Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90062 |
| County |
Los Angeles |
| Listing Agent |
Andres Diaz DRE #01956479 |
| Co-Listing Agent |
Julian Bloch DRE #02043055 |
| Courtesy Of |
Keller Williams Downtown LA |
| List Price |
$2,595,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
4,762 |
| Lot Size |
8,912 |
| Year Built |
1923 |
Listing information courtesy of: Andres Diaz, Julian Bloch, Keller Williams Downtown LA. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
