1849 West Martin Luther King Jr Boulevard
Description
This 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...Charming Fourplex Adjacent to Historic Leimert Park
This 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:
One unit is vacant and ready for immediate use. 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 tenant-occupied and 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 won’t last!
- Listed by Yvonne Rose-Jackson • DRE #01709480 • Brokerage DRE #01875518 • Making A Difference • 310-999-4389
Property Details for 1849 West Martin Luther King Jr Boulevard
Property Details for 1849 West Martin Luther King Jr Boulevard
| Status | Active |
|---|---|
| MLS # | IN24245110 |
| Days on Market | 12 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1922 |
| Lot Size | 0.16 AC / 6,938 SF |
| County | Los Angeles County |
Building Information for 1849 West Martin Luther King Jr Boulevard
Property Information for 1849 West Martin Luther King Jr Boulevard
- Tenant Pays: Cable TV, Electricity, Gas, Other
- Gross Income: $88,812
- Gross Scheduled Income: $88,812
- Net Operating Income: $48,718
- Number Of Rented Garages: 0
- Laundry Income: $0
- Operating Expense: $40,094
- Gardener Expense: $1,800
- Cable TV Expense: $0
- Fuel Expense: $0
- Licenses Expense: $0
- Pest Control Expense: $0
- Pool Expense: $0
- Security Expense: $0
- Furniture Replacement Expense: $0
- Electric Expense: $0
- Insurance Expense: $1,640
- Maintenance Expense: $21,573
- Professional Management Expense: $2,300
- Workmans Compensation Expense: $0
- Other Expense: $7,793
- Other Expense Description: taxes
- Trash Expense: $0
- Water Sewer Expense: $4,988
- Supplies Expense: $0
- Total Expenses: $40,094
- Tax Tract Number: 4463
- Tax Census Tract: 2314.00
- CFD/Mello-Roos Fee: $619
- Tax Lot: 76
- Community Features: Sidewalks, Street Lights
- Laundry: Yes
- Laundry Features: Gas & Electric Dryer Hookup
- Cooling: None
- Heating Type: Baseboard
- Heating: Baseboard
- Heat Equipment: Baseboard
- Entry Location: Front and Rear
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 2-5 Units/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 4
- Parking: No
- Parking Garage: On street
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Street
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,400
- Unit Type Total Rent: $2,400
- Unit Type Pro Forma: 2400
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,022
- Unit Type Total Rent: $2,022
- Unit Type Pro Forma: 2400
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $0
- Unit Type Total Rent: $0
- Unit Type Pro Forma: 1950
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 1
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,099
- Unit Type Total Rent: $1,099
- Unit Type Pro Forma: 1950
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
- Number With Range: 4
- Number With Refrigerator: 4
- Number With Disposal: 4
Property History for 1849 West Martin Luther King Jr Boulevard
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1849 West Martin Luther King Jr Boulevard
Schools near 1849 West Martin Luther King Jr Boulevard
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 11 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Martin Luther King Jr. Elementary School PublicK to 5 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
Academy of Media Arts Charter9 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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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 Making A Difference, Yvonne Rose-Jackson, DRE #01709480
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.