No Photos
Image 1 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 2 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 3 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 4 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 5 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 6 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 7 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 8 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
Image 9 - 1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062 - House for sale
W Martin Luther King Jr Blvd, Los Angeles, Home For Sale
1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062

W Martin Luther King Jr Blvd, Los Angeles, Home For Sale

house for sale
Listed: 08/05/24

1951 W Martin Luther King Jr Blvd, Los Angeles, California, 90062

8 Bed:
8 Bath:
4,762 Sq Ft Living Area:
Save
Price
$ 2,6M

About This House

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 across4, 762rentable 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.

Protect Yourself From Rental Scams

While we strive to provide accurate and timely information, it's essential to remain vigilant and do your due diligence when considering rental properties. Make sure to follow expert tips to reduce the risk of fraud when renting a new apartment.

Similar Houses for Sale Nearby

$2,35M

8
10
6,755 Sq Ft

$2,35M

Available: Right Now

Listed: 27/08/2024

2900 W 54th St, Los Angeles, California, 90043

House
8
10
6,755 Sq Ft

Here's an exceptional opportunity to own a superb property in a highly sought-after location. This building not only boasts low-maintenance upkeep but also offers ease of management, making it an ideal investment choice. The majority of units feature...

$2,29M

8
5
5,910 Sq Ft

$2,29M

Available: Right Now

Listed: 27/08/2024

1250 5th Ave, Los Angeles, California, 90019

House
8
5
5,910 Sq Ft

Beautiful remodeled all 4 unit which are condo quality. New hardwood flooring, New granite kitchen counter top, new kitchen cabinet. Highly desirable rental area in Hancock park area. Exceptionally large unit (each unit approx 1500sq) with formal din...

$2,9M

8
6
5,108 Sq Ft

$2,9M

Available: Right Now

Listed: 29/08/2024

1154 Arapahoe St, Los Angeles, California, 90006

House
8
6
5,108 Sq Ft

This unique property is a spacious main house with four bedrooms and two bathrooms in the front, and four additional units in the back, each with one bedroom and one bathroom. Situated on a desirable corner lot, this property offers a blend of reside...

$2,35M

8
4
3,336 Sq Ft

$2,35M

Available: Right Now

Listed: 03/09/2024

1268 S Citrus Ave, Los Angeles, California, 90019

House
8
4
3,336 Sq Ft

5.18% CAP RATEwith super low expenses ! Fully renovated 4 unit in heart location in Mind wilshier, Los Angeles ! Newer double pain windows, newer sewer line , all units comes with 2 bed 1 full bath room , fully remodeled kitchen , flooring, mini spli...

$2,25M

8
8
5,322 Sq Ft

$2,25M

Available: Right Now

Listed: 27/08/2024

836 S Catalina St, Los Angeles, California, 90005

House
8
8
5,322 Sq Ft

We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a7, 249square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabb...

$3M

8
8
6,808 Sq Ft

$3M

Available: Right Now

Listed: 29/08/2024

1755 Hauser Blvd, Los Angeles, California, 90019

House
8
8
6,808 Sq Ft

Excellent investment opportunity in a desirable Mid City neighborhood! This 8-unit multi-family property is comprised of eight 1-bedroom, 1-bathroom units and offers on-site laundry facilities. The property generates strong current rental income with...

Exposition Park Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.