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

  • $1,425,000
  • 0
    Bed(s)
  • 0
    Baths
  • 5,602
    Sq Ft
  • 9012
    Sqft
  • Listed By: Steve Smith, Compass, DRE #01100068
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

Sell a home like this and save $85,001 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1953

Building Area Total: 5,602

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2069

Lot Size Source: Assessor

Lot Size Square Feet: 9012

Listing Price Information

Original List Price: 1,425,000

Listing Contract Date: 2023-10-09

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5035006020

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

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

Building and Construction

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

Nearby Home Value

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

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

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.

Selling? Save $85,001 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion