1823 West Martin Luther King Jr Boulevard

Los Angeles, CA 90062

$925,000
Price
4
Beds
4
Baths
2,358 Sq. Ft.
$392 / Sq. Ft.
2,358
Sq. Ft.
$392
per Sq. Ft.

Description

4-unit property nestled within the vibrant community of Leimert Park area of Los Angeles, CA. Boasting a collection of four spacious 1-bedroom, 1-bathroom units, with one unit available for owner occupied. Units are well maintained with long-term tenants. Close to the LA Coliseum and the new LA FC Stadium, offering convenience and entertainment.4-unit property nestled within the vibrant community of Leimert Park area of Los Angeles, CA. Boasting a collection of four spacious 1-bedroom, 1-bathroom units, with one unit available for owner occupied. Units are well maintained with long-term tenants. Close to the LA Coliseum and the new LA FC Stadium, offering convenience and entertainment.
  1. Listed by PHILIP CHANG • DRE #01870805 • Brokerage DRE #01864766 • MANREALTY.COM • 562-745-4697
  2. Listed by JONATHAN HUA • DRE #01485938 • Brokerage DRE #01864766 • MANREALTY.COM

Property Details for 1823 West Martin Luther King Jr Boulevard

View
Neighborhood
Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2358

Location

Listing Courtesy of MANREALTY.COM, PHILIP CHANG, DRE #01870805; MANREALTY.COM, JONATHAN HUA, DRE #01485938
Add your commute
LISTING UPDATED: 04/30/2024 05:05 AM

Property Details for 1823 West Martin Luther King Jr Boulevard

StatusActive
MLS #WS24045024
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1939
Lot Size0.16 AC / 6,938 SF
CountyLos Angeles County

Location

Listing Courtesy of MANREALTY.COM, PHILIP CHANG, DRE #01870805; MANREALTY.COM, JONATHAN HUA, DRE #01485938
Add your commute

Building Information for 1823 West Martin Luther King Jr Boulevard

Stories2Residences-Year Built1939Building Size-Lot Size0.16 AC / 6,938 SF

Payment Calculator

$5,809 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,048

Property Taxes

$761

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1823 West Martin Luther King Jr Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $125
  • Gross Scheduled Income: $36,920
  • Net Operating Income: $31,738
  • Number Of Rented Garages: 1
  • Garage Income: $1,500
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $5,185
  • Insurance Expense: $1,861
  • Trash Expense: $0
  • Water Sewer Expense: $3,324
  • Total Expenses: $5,185
Tax / Assessment Info
  • Tax Tract Number: 4463
  • CFD/Mello-Roos Fee: $588
  • Tax Lot: 81
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Tile
Exterior Features
  • Roof: Flat
  • Entry Location: street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 5
  • Open Other Spaces Total: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • 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: $582
  • Unit Type Total Rent: $685
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 1
Unit 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: $760
  • Unit Type Total Rent: $760
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit 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: $760
  • Unit Type Total Rent: $760
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 3
Unit 4
  • 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: 1800
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Number Wall AC: 4

Property History for 1823 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 1823 West Martin Luther King Jr Boulevard

Taxable ValueLand$643,320Additions$68,620Total$711,940
Tax Record2023$9,127 ($761 / month)
Home Facts
Total Finished SqFt2,358 SqFtAbove Grade Finished SqFt2,358 SqFtLot Size6,938 SqFtStyleQuadraplexYear Built1939ZoningLARD1.5CountyLOS ANGELESAPN5035-007-018

Schools near 1823 West Martin Luther King Jr Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 9
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Martin Luther King Jr. Elementary School
PublicK to 5

Barack Obama Global Preparation Academy
Public6 to 9

KIPP Scholar Academy
Charter5 to 8

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.

Similar Homes

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1823 West Martin Luther King Jr Boulevard is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on March 21, 2024 by MANREALTY.COM, it's currently listed at $925,000. It has been on the market for a total of 38 days and was last sold on March 15, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Martin Luther King Jr. Elementary School, Barack Obama Global Preparation Academy and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 1823 West Martin Luther King Jr Boulevard is a 4-bed, 4-bath, 2,358 sqft multi-family home built in 1939.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MANREALTY.COM, PHILIP CHANG, DRE #01870805; MANREALTY.COM, JONATHAN HUA, DRE #01485938

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.