1861 W Martin Luther King Jr Boulevard
Los Angeles, CA 90062
- – beds
- – baths
- – sqft
- 10,007 sqft lot
- 1954 build
- – on site
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1861 W MLK is located in the heart of the highly sought after and thinly traded Leimert Park market. Offered at only $192,250 per door, and 2 units will be delivered vacant for the next owner to remodel to their standards & hand-pick their own tenants. 12.29 GRM on current rents with approximately 40% rental upside. This 1950's building has plenty of on-site & gated reserved parking for tenants, along with an on-site laundry room for tenants to use + bring in additional monthly income. Great mix of (11) 1+1's and (1) 2+1, and no Studios/Singles/Bachelors. Separately metered for gas & electricity. **This property is part of a 3-building portfolio with 211 E 55th Street (9 Units) and 709 E 49th Street (2 Units). All 3 can be bought together or separate.**
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Last updated Apr 23, 2024
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MLS# 23305587 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/23/24
Apr 23, 2024
|
Sold | CRMLS_CA | $1,990,000 | -13.3% |
|
10/15/23
Oct 15, 2023
|
Pending | CRMLS_CA | $2,295,000 | |
|
9/21/23
Sep 21, 2023
|
Sold Subject To Contingencies | CRMLS_CA | $2,295,000 |