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1849 W Martin Luther King Jr Boulevard , B

Los Angeles (City), CA 90062
  • $1,499,000
  • STATUS: Active
  • ON SITE: 214 Days
  • ID#: IN22233479
UPDATED: 43 min ago
$1,499,000
  • 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

Fourplex located adjacent to historic Leimert Park. Featuring a two-story four unit apartment building. Two (2) bedroom/1 bath (top floor) and Two (1) bedroom/1 bath (first floor). One of the two bedrooms has been fully rehabbed. Building boasts of character. Green grass w/ fruit trees are in the front yard and also the back yard. Four single car garage located in the rear of the property. Can be rented out for additional income or converted into an ADU. Each unit has a service porch with washer and dryer hookups. Each unit has a separate gas/electric meter. This property would be a great fit for an OWNER-USER or an INVESTOR looking to buy. Min. away from Baldwin Hills, Baldwin Hills Crenshaw plaza, short distance to many of the highlights that LA has to offer Sofi Stadium, Baldwin Village, View Park LAX, The Forum, the 10 and 110 freeway. Renderings for an ADU were recently completed (approx. 836 sq. ft.) Property is being sold as-is. Tenant occupied. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T23:28:05.91. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/134417715
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1849 W Martin Luther King Jr Boulevard , B Los Angeles (City), CA 90062

  • Price: $1,499,000
  • Status: Active
  • On Site: 214 Days
  • Updated: 43 min ago
  • ID#: IN22233479
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
Fourplex located adjacent to historic Leimert Park. Featuring a two-story four unit apartment building. Two (2) bedroom/1 bath (top floor) and Two (1) bedroom/1 bath (first floor). One of the two bedrooms has been fully rehabbed. Building boasts of character. Green grass w/ fruit trees are in the front yard and also the back yard. Four single car garage located in the rear of the property. Can be rented out for additional income or converted into an ADU. Each unit has a service porch with washer and dryer hookups. Each unit has a separate gas/electric meter. This property would be a great fit for an OWNER-USER or an INVESTOR looking to buy. Min. away from Baldwin Hills, Baldwin Hills Crenshaw plaza, short distance to many of the highlights that LA has to offer Sofi Stadium, Baldwin Village, View Park LAX, The Forum, the 10 and 110 freeway. Renderings for an ADU were recently completed (approx. 836 sq. ft.) Property is being sold as-is. Tenant occupied. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.
Exterior Features

Entry Level 1 Entry Location Front And Rear Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features On 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 Built-In FeaturesMultiple StaircasesTile Counters

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 Exclusions Personal items Fuel Expense 0 Garage YN Yes Gross Income 88812 Gross Scheduled Income 88812 Insurance Expense 1640 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 21573 Net Operating Income 48718 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 40094 Other Expense 7793 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 Trash Expense 0 Water Sewer Expense 4988 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-03T23:28:05.91. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Yvonne Rose-Jackson of Making A Difference (310-216-9008)