158 West Martin Luther King Jr Boulevard

Los Angeles, CA 90037

$1,099,999
Price
11
Beds
5
Baths
3,723 Sq. Ft.
$295 / Sq. Ft.
3,723
Sq. Ft.
$295
per Sq. Ft.

Description

Great income opportunity for all investors! This 5 unit building is centrally located in the heart of LA and is close to downtown LA and all the great entertainment venues LA has to offer! Drive by first and DO NOT disturb tenants. Offer subject to inspection.Great income opportunity for all investors! This 5 unit building is centrally located in the heart of LA and is close to downtown LA and all the great entertainment venues LA has to offer! Drive by first and DO NOT disturb tenants. Offer subject to inspection.
  1. Listed by Howard Choi • DRE #02064074 • Brokerage DRE #01340270 • Circa Properties, Inc.

Property Details for 158 West Martin Luther King Jr Boulevard

Zoning
LAC2
Parcel Number
5111024011
Total Units
5.0
Living Area
3723
Source Living Area
Vendor Enhanced
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
6001
LISTING UPDATED: 10/31/2024 12:01 AM

Property Details for 158 West Martin Luther King Jr Boulevard

StatusActive
MLS #24-456361
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1914
Lot Size0.14 AC / 6,001 SF
CountyLos Angeles County

Building Information for 158 West Martin Luther King Jr Boulevard

Stories2Residences-Year Built1914Building Size-Lot Size0.14 AC / 6,001 SF

Property Information for 158 West Martin Luther King Jr Boulevard

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 5 Units
  • Security Features: Gated
  • Water: Meter on Property
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $89,976
  • Net Operating Income: $68,976.00
  • Gross Income: $89,976
  • Gross Rent Multiplier: $12.25
  • Total Annual Expense: 21000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6001
  • Lot Size Dimensions: 40x150
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 10-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,392.00
  • Unit Actual Rent: $2,392.00
  • Unit Projected Rent: $2,392.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,379.00
  • Unit Actual Rent: $1,379.00
  • Unit Projected Rent: $1,379.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,373.00
  • Unit Actual Rent: $1,373.00
  • Unit Projected Rent: $1,373.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,221.00
  • Unit Actual Rent: $1,221.00
  • Unit Projected Rent: $1,221.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,133.00
  • Unit Actual Rent: $1,133.00
  • Unit Projected Rent: $1,133.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $492,139.00
  • Assessed Improvement Percent: 44.12
  • Assessed Land Value: $623,377.00
  • Assessed Land Percent: 55.88
  • Assessed Total Value: $1,115,516.00

Property History for 158 West Martin Luther King Jr Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 158 West Martin Luther King Jr Boulevard

Taxable ValueLand$635,844Additions$501,981Total$1,137,825
Tax Record2024$14,625 ($1,219 / month)
Home Facts
Total Finished SqFt3,723 SqFtAbove Grade Finished SqFt3,723 SqFtLot Size6,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1914ZoningLAC2CountyLOS ANGELESAPN5111-024-011

Schools near 158 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Maple Primary Center
PublicK to 1

Trinity Street Elementary School
Public2 to 5

William Jefferson Clinton Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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158 West Martin Luther King Jr Boulevard is a multi-family home for sale in Los Angeles, CA 90037. This property was listed for sale on October 23, 2024 by Circa Properties, Inc., it's currently listed at $1,099,999. It has been on the market for a total of 42 days and was last sold on December 1, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Maple Primary Center, Trinity Street Elementary School and William Jefferson Clinton Middle School. 158 West Martin Luther King Jr Boulevard is a 11-bed, 5-bath, 3,723 sqft multi-family home built in 1914.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Circa Properties, Inc., Howard Choi, DRE #02064074

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.