1901 Martin Luther King Jr Boulevard, Los Angeles

$1,500,000

Click the arrows next to the image to browse our photo gallery for this property.

17 Beds
0 Bath
.21 Acre
3 Garages

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.

Essential Information

MLS® #
PV23188129
Price
$1,500,000
Bedrooms
17
Bathrooms
0.00
Acres
0.21
Year Built
1953
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Area
PHHT - Park Hills Heights
City
Los Angeles
County
Los Angeles
Zip Code
90062
Senior Community
N

Address

1901 Martin Luther King Jr Boulevard

Community Features

Curbs, Sidewalks, Street Lights

Amenities

Parking Spaces
3
# of Garages
3
Pool
None

Interior

# of Stories
2
Stories
Two

Exterior

Lot Description
Front Yard, 6-10 Units/Acre

Additional Information

Date Listed
October 9th, 2023
Days on Market
220
Zoning
LARD1.5

Listing Details

Agent
Steve Smith
Office
Compass
Property History
Price Reduced from $1,600,000 to $1,500,000
Price Reduced from $1,700,000 to $1,600,000

LISTING MAP

Get directions to this property:

Based on information from California Regional Multiple Listing Service, Inc. as of May 16th, 2024 at 8:55pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.