1951 W Martin Luther King Jr Boulevard
Los Angeles, CA 90062
Active for $2,595,000
Beds: 8 Baths: 8 Structure Size: 4,762 sqft Lot Size: 8,912 sqft
| MLS | 24423085 |
| Year Built | 1923 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,595,000 |
| Structure Size | 4,762 sqft |
| Lot Size | 8,912 sqft |
| Beds | 8 |
| Baths | 8 |
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.
Listing information courtesy of: Andres Diaz, Keller Williams Downtown LA . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 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.
Location
Contact a Local Realtor®
Nico Narinyants
REALTOR®
Direct: 818.561.9917
Email: Email Me
DRE: 02228834
DRE #01873088
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