1951 West Martin Luther King Jr Boulevard
Description
- Listed by Andres Diaz • DRE #01956479 • Brokerage DRE #01364089 • Keller Williams Downtown LA
- Listed by Julian Bloch • DRE #02043055 • Brokerage DRE #01364089 • Keller Williams Downtown LA
Property Details for 1951 West Martin Luther King Jr Boulevard
Property Details for 1951 West Martin Luther King Jr Boulevard
| Status | Active |
|---|---|
| MLS # | 24-423085 |
| Days on Market | 142 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1923 |
| Lot Size | 0.20 AC / 8,912 SF |
| County | Los Angeles County |
Building Information for 1951 West Martin Luther King Jr Boulevard
Property Information for 1951 West Martin Luther King Jr Boulevard
- Number Of Units: 8
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Market
- Disclosures: As Is
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $210,036
- Net Operating Income: $152,081.00
- Gross Income: $210,036
- Cap Rate: 5.86%
- Gross Rent Multiplier: $12.74
- Total Annual Expense: 51654
- Lot Acreage: 0.2046
- Lot Size Square Feet: 8912
- Lot Size Dimensions: 60x149
- Source Lot Size Dimensions: Vendor Enhanced
- Parking Garage: Assigned
- Total Parking: 10
- Parking Features: Assigned
- Levels: Multi/Split
- Cooling Type: Wall Unit(s)
- Heating: Wall Furnace
- Heating Type: Wall
- Equipment: Dishwasher, Freezer, Microwave, Dryer
- Laundry: Dryer Included
- New Construction: No
- Other Structures: None
- Entry Date: 08-02-2024
- Tenant Pays: Electricity, Gas, Water
- Unit Beds: 0
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,995.00
- Unit Actual Rent: $7,980.00
- Unit Projected Rent: $7,980.00
- Like Units: 4
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,381.00
- Unit Actual Rent: $9,523.00
- Unit Projected Rent: $11,980.00
- Like Units: 4
- Unit Type Type: 2106, 2107
- Assessed Improvement Value: $321,660.00
- Assessed Improvement Percent: 27.27
- Assessed Land Value: $857,760.00
- Assessed Land Percent: 72.73
- Assessed Total Value: $1,179,420.00
Property History for 1951 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 1951 West Martin Luther King Jr Boulevard
Schools near 1951 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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Listing Courtesy of Keller Williams Downtown LA, Andres Diaz, DRE #01956479; Keller Williams Downtown LA, Julian Bloch, DRE #02043055
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.