Thank you
Steve Smith
Compass
310-241-3038
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.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1953
Building Area Total: 5,602
None
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2069
Lot Size Source: Assessor
Lot Size Square Feet: 9012
Original List Price: 1,425,000
Listing Contract Date: 2023-10-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 5035006020
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: PHHT - Park Hills Heights
Postal Code Plus 4: 1422
Directions: Corner of W MLK Jr Blvd & Gramercy
Zoning: LARD1.5
Source Property Type: Residential Income
Area: PHHT - Park Hills Heights
Property SubType: Apartment
Property Age: 71
Common Walls: 2+ Common Walls
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: front
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
4032 La Salle Avenue, Los Angeles, CA,90062 | $1,200,000 | 5 | 3 | 2,564 | 7068 Sqft |
1496 W Vernon Avenue, Los Angeles, CA,90062 | $742,000 | 6 | 3 | 2,107 | 5474 Sqft |
1431 W 49th Street, Los Angeles, CA,90062 | $779,000 | 2 | 1 | 1,260 | 5966 Sqft |
5321 Denker Avenue, Los Angeles, CA,90062 | $1,280,000 | -- | -- | 3,220 | 5950 Sqft |
1627 Leighton Avenue, Los Angeles, CA,90062 | $819,000 | 6 | 3.5 | 1,616 | 5434 Sqft |
1447 W 47th Street, Los Angeles, CA,90062 | $879,000 | 5 | 3 | 2,027 | 5694 Sqft |
3938 Dalton Ave, Los Angeles, CA,90062 | $799,000 | 3 | 2 | 1,526 | 5360 Sqft |
4112 Dalton Avenue, Los Angeles, CA,90062 | $1,249,000 | 6 | -- | 3,558 | 6694 Sqft |
5421 S Wilton Place, Los Angeles, CA,90062 | $799,000 | 3 | 1 | 1,304 | 5861 Sqft |
1399 W 39th Street, Los Angeles, CA,90062 | $1,499,000 | 9 | 4 | 3,966 | 10614 Sqft |
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ByOwner last updated this listing 05/18/2024 @ 04:31
MLS: PV23188129
LISTED BY: Steve Smith, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.