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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.
Property Type(s):
Residential Income
| Last Updated | 10/12/2024 | Year Built | 1923 |
|---|---|---|---|
| Community | Park Hills Heights | County | Los Angeles |
Additional Details
| APPLIANCES | Dishwasher, Dryer, Microwave |
|---|---|
| AREA | Park Hills Heights |
| GARAGE | Assigned |
| HEAT | Wall Furnace |
| LOT | 8912 sq ft |
| LOT DIMENSIONS | 60x149 |
| PARKING | Assigned |
| STORIES | 2 |
| ZONING | LARD1.5 |
Location
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Listed with Keller Williams Downtown LA
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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