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1951 W Martin Luther King Jr Boulevard

Los Angeles (City), CA 90062
  • $2,895,000
  • STATUS: Active
  • ON SITE: 136 Days
  • ID#: 23292833
UPDATED: 68 min ago
$2,895,000
  • 8
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,762
    SQFT
  • $608
    $/SQFT
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Andres Diaz of Keller Williams Downtown La (213-797-7000)


Description

KingSide Investment Group of Keller Williams Downtown Los Angeles is proud to offer a tremendous investment opportunity -- an 8-unit multifamily asset located in Leimert Park. The building has a diverse mix of four (4) two-bedroom units and four (4) studio units. Seven of the eight units have been completely remodeled with brand new electrical, plumbing, and mechanical. These units are also completely sub-metered for gas, electrical, and water resulting in an extremely low utility expense which is rare in the Los Angeles market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141690702
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1951 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90062

  • Price: $2,895,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 68 min ago
  • ID#: 23292833
8
Beds
0
Baths
0
½ Baths
0.2
Acres
4,762
SQFT
$608
$/SQFT
1923
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
KingSide Investment Group of Keller Williams Downtown Los Angeles is proud to offer a tremendous investment opportunity -- an 8-unit multifamily asset located in Leimert Park. The building has a diverse mix of four (4) two-bedroom units and four (4) studio units. Seven of the eight units have been completely remodeled with brand new electrical, plumbing, and mechanical. These units are also completely sub-metered for gas, electrical, and water resulting in an extremely low utility expense which is rare in the Los Angeles market.
Exterior Features

Parking Features Assigned Parking Total 0

Interior Features

Appliances DishwasherMicrowave Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.2 Gross Income 211044 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 150410 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T07:30:28.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371709268-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371709268-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371709268-2.jpg
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Andres Diaz of Keller Williams Downtown La (213-797-7000)