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1901 W Martin Luther King Jr Boulevard

Los Angeles, CA 90062

– beds
– baths
– sqft
9,012 sqft lot
1953 build
– on site

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.

Listed By CRMLS_CA / Steve Smith / Compass / 310-418-1741

Last checked: Checking… • Last updated Nov 4, 2024 •

MLS# PV23188129 —

The Building

Year Built:

1953
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

5602.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

9
Stories Total:

2
# of Separate Gas Meters:

9
# of Separate Water Meters:

1
# of Separate Electric Meters:

9

Interior

Levels:

Two
Entry Location:

front
Laundry:

Community
Laundry:

1

Location

Directions:

Corner of W MLK Jr Blvd & Gramercy
Latitude:

34.01117800
Longitude:

-118.31344000

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LARD1.5
Lot Features:

6-10 Units/Acre, Front Yard
Lot Size Area:

9012.0000
Lot Size Acres:

0.2069
Lot Size SqFt:

9012.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2314.00
Tax Tract:

4463
Tax Lot:

169

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5035006020

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Sidewalks, Street Lights
Pool:

None
Private Pool:

No

Parking

Parking Spaces:

3.00
Garage Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/3/24 Nov 3, 2024	Pending	CRMLS_CA	$1,400,000
9/22/24 Sep 22, 2024	Price Changed	CRMLS_CA	$1,400,000	-1.8%
8/7/24 Aug 7, 2024	Listed / Active	CRMLS_CA	$1,425,000

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This multifamily located in South LA, Los Angeles, CA 90062 is currently pending sale for $1,400,000. 1901 W Martin Luther King Jr Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 412 days. 1901 W Martin Luther King Jr Boulevard is in the South LA neighborhood of Los Angeles and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of Martin Luther King Jr. Elementary School, Crenshaw Magnets: Science Tech Engineer Math & Medicine, and Barack Obama Global Preparation Academy.

Listing Courtesy of: CRMLS_CA and Compass. Based on information from California Regional Multiple Listing Service, Inc. as of 12:53 on Nov 24.

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.