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1849 W Martin Luther King Jr Boulevard

Los Angeles (City), CA 90062
  • $1,500,000
  • STATUS: Active
  • ON SITE: 143 Days
  • MLS #: IN24245110
UPDATED: 51 min ago
$1,500,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1922
County:

School Ratings & Info

Listing Agent(s): Yvonne Rose-Jackson of Making A Difference (310-216-9008)


Description

Charming Fourplex Adjacent to Historic Leimert ParkThis two-story, four-unit apartment building offers excellent investment potential or a perfect opportunity for an owner-user. The property includes:Top Floor: Two spacious 2-bedroom, 1-bath units (one fully rehabbed).Ground Floor: Two cozy 1-bedroom, 1-bath units (one rehabbed).The building exudes character, with lush green landscaping featuring fruit trees in both the front and back yards. At the rear, there are four single-car garages, which can generate additional rental income or be converted into an Accessory Dwelling Unit (ADU). Each unit includes a service porch with washer/dryer hookups and separate gas and electric meters.Key Highlights:Renderings for a potential 836 sq. ft. ADU have been completed.Conveniently located just minutes from Baldwin Hills, Baldwin Hills Crenshaw Plaza, SoFi Stadium, The Forum, LAX, and major freeways (10 & 110).Important Details:The property is being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, or other information provided by the seller or public records. Buyers should independently verify all information through inspections and appropriate professionals.This rare opportunity in an unbeatable location wont last!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. 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/158536437
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1849 W Martin Luther King Jr Boulevard Los Angeles (City), CA 90062

  • Price: $1,500,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 51 min ago
  • MLS #: IN24245110
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1922
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Charming Fourplex Adjacent to Historic Leimert ParkThis two-story, four-unit apartment building offers excellent investment potential or a perfect opportunity for an owner-user. The property includes:Top Floor: Two spacious 2-bedroom, 1-bath units (one fully rehabbed).Ground Floor: Two cozy 1-bedroom, 1-bath units (one rehabbed).The building exudes character, with lush green landscaping featuring fruit trees in both the front and back yards. At the rear, there are four single-car garages, which can generate additional rental income or be converted into an Accessory Dwelling Unit (ADU). Each unit includes a service porch with washer/dryer hookups and separate gas and electric meters.Key Highlights:Renderings for a potential 836 sq. ft. ADU have been completed.Conveniently located just minutes from Baldwin Hills, Baldwin Hills Crenshaw Plaza, SoFi Stadium, The Forum, LAX, and major freeways (10 & 110).Important Details:The property is being sold as-is. Broker/Agent does not guarantee the accuracy of square footage, lot size, or other information provided by the seller or public records. Buyers should independently verify all information through inspections and appropriate professionals.This rare opportunity in an unbeatable location wont last!
Exterior Features

Architectural Style Mid-Century Modern Entry Level 1 Entry Location Front and Rear Foundation Details Slab Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features NoneOn Street Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Cooling None Cooling YN No Heating Baseboard Heating YN Yes Interior Features Multiple StaircasesOpen Floorplan

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cable Tv Expense 0 Common Interest Community Apartment Community Features Street LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 66252 Gross Scheduled Income 91464 Insurance Expense 2400 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 2800 Net Operating Income 61814 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 3 Operating Expense 29650 Other Expense 16100 Pest Control Expense 0 Pool Expense 0 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tenant Pays Cable TVElectricityGas Total Actual Rent 5521 Trash Expense 0 Water Sewer Expense 6100 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. 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): Yvonne Rose-Jackson of Making A Difference (310-216-9008)