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1236 W Martin Luther King Jr Boulevard

Los Angeles (City), CA 90037
  • $1,799,000
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: DW24248029
UPDATED: 19 min ago
$1,799,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
C34 - Los Angeles Southwest
Type:
Multi-Family
Built:
1921
County:
Los Angeles
Area:
C34 - Los Angeles Southwest

School Ratings & Info

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Listing Agent(s): Micaela Solis of Berkshire Hathaway Home Srvs (562-461-0233)


Description

Located in one of the most desirable areas of Los Angeles, this investment property is just 1 block from the iconic Los Angeles Memorial Coliseum and 2 blocks from the University of Southern California (USC). This property features 4 spacious units, each approximately 1,164 sqft. Every unit includes 1 bedroom, 1 bathroom, a living room, kitchen, dining area, and a private balcony.Each unit is equipped with its own in-unit washer and dryer, and the utilities (gas, electricity) are separately metered"tenants pay their own bills. The property also offers a 2-car garage with hookups for an additional washer and dryer, plus a driveway that accommodates up to 3 more cars, providing parking for a total of 5 vehicles.Dont miss this amazing opportunity to own an investment property in a prime Los Angeles location!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158833542
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1236 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90037

  • Price: $1,799,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 19 min ago
  • MLS #: DW24248029
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1921
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Located in one of the most desirable areas of Los Angeles, this investment property is just 1 block from the iconic Los Angeles Memorial Coliseum and 2 blocks from the University of Southern California (USC). This property features 4 spacious units, each approximately 1,164 sqft. Every unit includes 1 bedroom, 1 bathroom, a living room, kitchen, dining area, and a private balcony.Each unit is equipped with its own in-unit washer and dryer, and the utilities (gas, electricity) are separately metered"tenants pay their own bills. The property also offers a 2-car garage with hookups for an additional washer and dryer, plus a driveway that accommodates up to 3 more cars, providing parking for a total of 5 vehicles.Dont miss this amazing opportunity to own an investment property in a prime Los Angeles location!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 3 Parking Features DrivewayGarage Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency - The sale of this property is contingent upon the seller purchasing another homeand both escrows must close concurrently. - The seller intends to sell their property and complete a 1031 Exchange. They kindly request the buyer's cooperation. Electric Expense 6200 Fuel Expense 4320 Garage YN Yes Gross Income 0 Gross Scheduled Income 54480 Insurance Expense 877 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional1031 Exchange Net Operating Income 37383 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 17097 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 4931 Tenant Pays All Utilities Total Actual Rent 54480 Trash Expense 1380 Water Sewer Expense 4320 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Micaela Solis of Berkshire Hathaway Home Srvs (562-461-0233)