$1,200,000
$1,400,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
9,012 Sqft Lot
SOLD DATE : 01/28/2025
Key Details
Sold Price $1,200,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV23188129
Sold Date 01/28/25
HOA Y/N No
Year Built 1953
Lot Size 9,012 Sqft
Property Description
Opportunity knocks – excellent investment property! 1901 W MLK is a 9-unit multi-family complex located in the heart of Los Angeles in the desirable Leimert Park neighborhood. All units are 1 bed, 1 bath for a total SF of 5,602 on a large corner lot of 9,012 SF – which is $177,777 per door. Earthquake retrofit and new roof completed 18 months ago cost was 100K. Includes on-site parking for tenants. Conveniently located close to shops and restaurants, the USC campus, DTLA, and with great freeway access.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5035006020
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Austin Muller • Skylight Real Estate Advisors, Inc.