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Los Angeles, CA 90062 1901 W Martin Luther King Jr Boulevard

$1,425,000

1901 W Martin Luther King Jr Boulevard Los Angeles, Ca - Image 11901 W Martin Luther King Jr Boulevard Los Angeles, Ca - Image 21901 W Martin Luther King Jr Boulevard Los Angeles, Ca - Image 3
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1901 W Martin Luther King Jr Boulevard Los Angeles, Ca - Image 4
Presented By: Steve Smith with Compass; 310-418-1741
  • MLS# PV23188129
  • 10/09/2023
  • Request Tour
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  • BedBeds • 45
  • BathBaths • 45
  • FootageSQFT • 5,602
  • GarageGarage • 3

Home Details

Opportunity knocks – excellent investment property! 1901 W MLK is a 9-unit multi-family complex located in the heart of Los Angeles in the desirable Leimert Park neighborhood. All units are 1 bed, 1 bath for a total SF of 5,602 on a large corner lot of 9,012 SF – which is $177,777 per door. Earthquake retrofit and new roof completed 18 months ago cost was 100K. Includes on-site parking for tenants. Conveniently located close to shops and restaurants, the USC campus, DTLA, and with great freeway access.
Presented By: Steve Smith with Compass; 310-418-1741

Interior Features for 1901 W Martin Luther King Jr Boulevard

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 1901 W Martin Luther King Jr Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Sidewalks
CountyLos Angeles
Days on Market213
DirectionsCorner of W MLK Jr Blvd & Gramercy
Electric Expense0.0
Entry Locationfront
Fuel Expense0.0
Garage Spaces3.0
Garage Y/NYes
Gross Income47760.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense3159.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashtoNewLoan, Item1031Exchange
Lot Size Square Feet9012.0
MLS AreaPHHT - Park Hills Heights
MobileHomeRemainsYNNo
Net Operating Income57605.0
New ConstructionNo
Operating Expense17155.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMartin Luther King Jr
Tax Lot169
Total Units9
Trash Expense3011.0
View Y/NNo
Water Sewer Expense4930.0
Waterfront Y/NNo
Year Built1953
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1901 W Martin Luther King Jr Boulevard

Building Area Total5602.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre, FrontYard
Lot Size Acres0.2069
Lot Size Area9012.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,425,000
MLS#PV23188129
List Date 10/09/2023
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors